]]> http://newport.rhodeislandblogpage.com/2008/07/07/nick-prefontaines-story/feed/ http://newport.rhodeislandblogpage.com/2008/06/19/open-house-629-amazing-home-w-gorgeous-waterview-of-greenwich-bay/ http://newport.rhodeislandblogpage.com/2008/06/19/open-house-629-amazing-home-w-gorgeous-waterview-of-greenwich-bay/#comments Thu, 19 Jun 2008 19:57:49 +0000 chrispre http://newport.rhodeislandblogpage.com/2008/06/19/open-house-629-amazing-home-w-gorgeous-waterview-of-greenwich-bay/ Amazing home with Gorgeous Water view

45 Alger Ave
Warwick, RI 02818
Single Family Home
Beds: 3 Baths: 1.5
Land Size: 17479
Sq.Ft.: 2100
OPEN HOUSE 6/22 12-2pm!


Take a Virtual Tour: http://b.vrguild.net/c/stnd.pl?U=0805300841367866&Z=1

Property Details
Breathtaking Views of Greenwich Bay. Meticulously kept home with open floor plan and oversized kitchen. Retreat to the deck with Hot tub, and fenced back yard with ingrd pool and gazebo.

Room Features
Hardwd, Ceramic, and wall to wall carpet
Full Basement
Dining Rm
Den
Rec Rm
Laundry Rm
Living Room
Building Features
Ceiling fans
Near highway/freeway
Patio/deck
Waterfront
Swimming pool
Family room
Formal dining room
Recreation room
Finished basement
Spa
Ceramic tiles flooring

CALL NICK PREFONTAINE OF KELLER WILLIAMS AT 401 846 9800 x 2

By INVESTOR’S BUSINESS DAILY Posted Friday, April 25, 2008 4:20 PM PT

Education: How exactly do former terrorists get to teach at America’s universities? Unfortunately, Obama’s friends William Ayers and Bernadine Dohrn are just a few of the inmates running those asylums.

Obama associates William Ayers and his wife, Bernadine Dohrn, are more than former members of the Weather Underground, terrorists who engaged in bombings of American government buildings during the Vietnam War.

They are academics.

Ayers and the Weather Underground bombed New York City police headquarters in June 1970, the U.S. Capitol Building in March 1971 and the Pentagon in May 1972.

His memoirs appeared in the New York Times, oddly enough, on Sept. 11, 2001. In them, he wrote: “I don’t regret setting bombs. I feel we didn’t do enough.”

Today Ayers, the man who found “a certain eloquence in bombs,” is a distinguished professor of education at the University of Illinois, Chicago, a “respected figure in liberal education circles” according to Politico.com.

His wife is an associate professor of law at Northwestern University School of Law the director of Northwestern University’s Children and Family Justice Center. Go figure.

The irony of terrorists teaching law and justice and educating our children is mind-boggling, but it does not surprise us since academia had been a hotbed of liberal activism since even before the Vietnam War. The search for truth is obviously no longer a qualification for tenure.

In 2005, Robert Lichter, a communications professor at George Mason University, and fellow political science professors Stanley Rothman of Smith College and Neil Nevitte of the University of Toronto authored a study that showed that 72% of those teaching at American colleges are liberal and 15% are conservative.

The disparity is even higher at the so-called elite schools, where, according to the study, 87% of the faculty are liberal vs. 13% who are conservative.Religion, which Harvard Law School graduate Obama says small-town America clings to, is not a high priority for many faculty members, with 51% saying they rarely or never attend church or synagogue. American academia is clearly dominated by liberal secularists.

The most famous nutty professor of recent years was Ward Churchill, who came to public attention for a piece he wrote shortly after 9/11 that said those killed in the World Trade Center were a “technocratic corps at the very heart of America’s global financial empire,” calling them “little Eichmanns.”

Churchill, then chairman of the Ethnic Studies Department at the University of Colorado, titled his essay, “Some People Push Back: On the Justice of Roosting Chickens,” a tome as off the wall as its title suggests. It echoed the theme embraced by many on the loony left that America invited the 9-11 attacks through a long history of violent domination of other cultures. In other words, we had it coming. If that sounds familiar, it’s what Barack Obama’s pastor of two decades, Jeremiah Wright, once shouted from the pulpit.Churchill is only the most prominent campus clown indoctrinating future generations in colleges and universities, including state-funded ones, that are essentially little more than liberal re-education camps.

In March 2003, assistant professor Nicholas DeGenova provoked national outrage when he called on U.S. soldiers in Iraq to “frag” (or murder) their officers and said he wished “for a million Mogadishus,” referring to the 1993 ambush in Somalia that left 18 American troops dead and 84 wounded. DeGenova told students at an anti-war teach-in on the Columbia campus that “U.S. patriotism is inseparable from imperial warfare and white supremacy,” and that “the only true heroes are those who find ways that help defeat the U.S. military.”

Barack Obama graduated in 1983 from Columbia University, whence his hard-core fondness for anti-U.S. thugs and opposition to liberating Iraq may have been derived.He and wife Michelle are both Ivy League graduates.

These days it’s poisoned ivy.

Friends, supporters and well-wishers of Franciscan Hospital for Children, gathered on Tuesday, May 20 at The InterContinental Hotel in Boston, to honor and celebrate the Hospital’s local heroes. Chris Prefontaine, founder of the Prefontaine Foundation (now the Prefontaine Fund) and Todd Patkin, founder of Todd G. Patkin Charitable Ventures received the presitigious Community Leadership Award while Victoria Tolman, former patient and current employee of Franciscan Hospital for Chidren, was the recipient of the 2008 Profile in Children’s Courage Award.

Franciscan Hospital congratulates the honorees and extends its gratitude to all who made this evening a success. As always, the much needed financial support we receive at Franciscan goes beyond fulfilling program needs - it touches the lives of our children in many ways.

The Community Leadership Award Dinner is an annual fundraising event that brings together numerous friends, partners and supporters of the Hospital to appreciate the unwavering support exhibited by individuals, corporate partners and organizations within the community, towards the Hospital’s mission.

During this event, the Hospital also recognizes the courage of its patients through the Franciscan Profile in Childrens Courage Award. The Franciscan Profile in Childrens Courage Award honors patients who have shown resilience and courage in the face of overwhelming challenges while on the path to recovery.

Helping Children Succeed

The Prefontaine Fund at Franciscan Hospital has evolved from what was formerly a nonprofit family charitable foundation established to provide better opportunities for children in need. Because of Nick’s Story, the primary focus of the Fund is to initiate and support fundraising activities on behalf of Franciscan Hospital for Children. The Prefontaine Fund donates 100% of all funds raised to Franciscan Hospital for Children.

Mission

The mission of the Prefontaine Fund is to support projects that promote the best possible learning experience for children and young adults, enabling them to enter the real world with confidence.

The Nick Prefontaine Story

We invite you to see and hear the power of Nick and the Prefontaine family’s experience at Franciscan Hospital for Children. Click here to view Nick’s video.

Contact us if you’d like a copy of the DVD to share.

The Prefontaine Fund’s Current Projects

Thanks to the generosity of dedicated friends and supporters of The Prefontaine Fund, a number of projects are underway.Two of these projects are the new state-of-the-art Physical and Occupational Therapy room known as Nick’s Room, and a new Solarium.

The Prefontaine Fund has raised and donated over $100,000 annually to the Hospital towards these and other major projects. Featured Project– A New Solarium Room - a breath of fresh air!
Imagine never having felt a breeze, or played or napped in the sunshine? Let’s give these kids that chance!

The children at Franciscan Hospital are often wheelchair bound and dependent on respirators and other life-sustaining equipment. Many of these children are at Franciscan Hospital for months or even years and seldom, if ever, are able to go outside to experience and enjoy the fresh air and sunshine. The new Solarium Room will give them that opportunity.
The Prefontaine Fund’s pledge for this project is $100,000.

Support our efforts by donating as an individual or a company.Contact us to find out how you can support us further.

In business the Pareto Principle translates to 80% of your profits and income are generated by 20% of your clients. This “rule of thumb” breakthrough was discovered by 20th century Italian economist, Vilfredo Pareto. The most striking part of his discovery was that the largest amount of wealth was not necessarily distributed to the smartest individuals, but rather the most progressive people who were doing things differently.

You may be asking yourself, “How does this principle REALLY effect me?” After all, you understand the general concept of the 80-20 rule, so what else is there to get? Well, think about how you apply the 80-20 rule in your daily life, and how you allot your time to each activity you perform every day. If you begin to spend a little more time on the activities that produce the MOST income for you, and less time on the tedious, not-so-important activities, don’t you think your income would multiply several times over? The answer is YES!

What you need to do to start is to make a list of all the events and activities that you put time into each day. Then prioritize them in order of Most Income Producing activity to Least Income Producing activity. Figure out which ones MUST be done by you because they require your natural talent, creativity, or authority and which ones you can PARTNER on or OUTSOURCE. This is key.

Let me give you an example. Let’s say your business has twenty-five activities that you’re responsible for each week. We’ll put a monetary value on some activites—let’s say sales brings in $120,000 a month, marketing $120,000 a month and the others bring in $60,000 in total per month. Given the 80-20 law, don’t you think you’d want to focus on those two activities to blow revenue out of the water and outsource the others?

While you put your time and effort into the major activities, there are other assistants, family members, interns, colleagues, etc who are excellent at the smaller-end and administrative activities that need to be completed. You could also look into a virtual assistant and outsource projects online. You don’t have to feel like you carry the weight of everything on your shoulders. Just ASK for help.

The discipline for you comes in managing your time and making yourself follow the schedule you set. While focusing on the high-revenue generating activities, you cannot allow yourself to fall into the email trap, or coffee break and water cooler rest. Test yourself to see if you’re on track by asking, “Is what I’m doing right now moving me closer to my goals and generating revenue?” Sometimes it helps to have a cut out of that question posted in your office. This way it visually triggers you to stay on track.

Bottom Line: If you realign your attention and work on the most business impacting, revenue generating activities, then you should have no problem multiplying your income within the first 30 days of applying the Pareto principle.

Regardless of what level investor you are, you still want to make sure you’re not stuck doing the tedious, repetitive, time-sucking mundane activities that make you feel busy.

Your focus should always stay on the five key elements of investing:
1. Locating prospects
2. Prescreening them quickly, but efficiently
3. Getting the deed or purchase agreement on the “low hanging fruit”
4. Using the systemized checklists to sell or lease option a property
5. Delegating the rent collection for your lease option or rental properties

Don’t get stuck talking on the phone to any and all sellers at all hours of the day/night. Don’t waste time going after suspects vs prospects, visiting properties you’ll NEVER buy. AND DO NOT babysit contractors, rehabbers, etc.

Once you have the five basics down, you can easily delegate those and the administrative tasks that accompany them as well.

1. Locating prospects – Have a senior center or mailing company do your mailing. You only need to place an ad or put a sign up one time. If you need to set up a renewal for the ad you schedule the advertiser to call YOU to decide whether or not to keep it running.
2. Taking calls and prescreening – Use a 24 hour phone service with live operators to use the lead script we give you. Then you continue screening from the info you’ve already collected through your phone service. You can also send buyers and sellers to voice recorded messages that tell them about the house and how to visit it on their own.
3. Credit checks and loan qualifying – let someone do it who does it all day every day—a mortgage broker
4. Accounting – Again.. give it to someone who does it regularly like an accountant or bookkeeper.
5. Inspecting a property – If it’s a pretty house—just get the deed. If it’s ugly, get a contract. If they’re motivated, visit the house. If not, stay put. After prescreening them on the phone, you won’t have that many properties to send yourself to see in one month.

I understand business must be run behind the scenes as well as up front, but don’t waste large amounts of time on activities that aren’t making you money. You’ll only be spinning yourself in circles, getting no where. You are the lead generator, and the sale closer. Focus one at a time on getting the other tasks taken care of.

Eventually when you have all your systems in place—you can take off to Tahiti for a month and your business will still be running on it’s own without you. Beautiful thought isn’t it?

www.thebigsystem.com for a 100% NO OBLIGATION, FREE REPORT on Making Real Money in Real Estate

We can start by saying: I am not an IRA Expert. But I utilize a company called Equity Trust Company who employs hundreds of experts. They are the nation’s leading self-directed IRA custodians. I have my IRA’s there, my kids’ and my companies’, as well as all my private investors’ IRAs.

If you’re not familiar with the ROTH IRA, it’s a new kind of IRA created by the tax payer Relief Act of 1997. Traditional IRA’s are “tax-deferred” accounts that are funded with pre-tax dollars and in most cases you get a deduction for your contributions. When distributions are taken from the account, those funds are taxed. Traditional, SEP, SIMPLE and Individual (k) Plans are referred to as “tax-deferred” accounts.

By contrast, a ROTH IRA is a “tax-free” account which is funded with after tax dollars, meaning you do not receive a deduction for contributions. When distributions are taken, there are no taxes incurred in a tax-free account. You obviously have to conform to the plan provisions to get this tax-free advantage.

Let’s look at some examples using a $100,000.00 investment so you can start to see how powerful your ROTH can be:

After one year, your investment (assuming a 15% gain) is worth normally only $109,750.00 if taxed at a 35% tax rate ($100K x 15% = $115K -$5250 in taxes).

In your ROTH IRA, after one year, you have $115,000.00, Now if you do absolutely nothing for 5 years, look at what happens at that 15% rate.

1 Year $115,000

2 Years $133,332

3 Years $154,812

4 Years $179,312

5 Years $207,983

If you already have a traditional IRA, you can still start a ROTH IRA. The thing to remember is that you can only contribute up to the individual limit (see chart below) per year to any combination of traditional and ROTH. In other words, you can’t do $5,000.00 to EACH IRA account. Instead of making this a text book read, please consult the www.trustETC.com site and your accountant regarding converting traditional to ROTH and respective contribution limits.

IRA Contribution Limits Year Age 49 and below Age 50 and above 2002-2004 $3,000 $3,500 2005 $4,000 $4,500 2006-2007 $4,000 $5,000 2008 $5,000 $6,000

After 2008 the contribution limit will increase in increments of $500 depending on the rates of inflation.

Please also note that you DON’T HAVE TO CONTRIBUTE yearly. You can open an account with $500.00 and let it sit in there. You can then use that money to option a property and have tens of thousands on profit go to your ROTH upon sale of that property. An important note here is that you don’t have to use your ROTH for real estate only. You can make loans, investments, and control other assets in your self-directed ROTH.

Here’s the trick: With your ROTH IRA, when doing real estate, it does not count as a contribution-it counts as an investment just as if you owned a stock. Here are some ways to feed your IRA using little of it’s money:

1) Wholesale properties

2) Buy property and resell it

3) Leas option and cash out of a property

4) Option a property and sell it

5) Operate a start up business and transfer after tax profits to your IRA

You can even partner with your own IRA. You just have to make sure the profit distribution and initial investment matches the ownership interest.

i.e.) 50% capital invested = 50% profit split = 50% ownership

So here are 6 Steps For Using Your IRA to Buy And Sell Property Or Property Related Assets

1 - Open A ROTH IRA with $500.00 or more of a transfer of your existing IRA

2 - Contract to buy or option a property (or debt instrument) secured or unsecured by property. Your IRA custodian must be the buyer or optionee for your benefit. It would read something like “ETC, For Benefit Of ‘Your Name’ IRA”

3 - Send the custodian of choice a copy of the completed agreement used to buy or control the asset you’re putting in your IRA

4 - Complete a ‘Direction of Investment” form and order whatever the applicable money to seller will be. ETC requires at least $100. This provides evidence that the transaction is real and you’re not receiving a gift.

***To take this partnering idea a little further, you can actually have your IRA and your spouse’s IRA partner a deal. You can also put your kids through college using a Coverdell ESA account. You’ll need to set that up before they turn 18 however. ***

Things you cannot buy in an IRA:

1 - Artwork

2 - Rugs

3 - Your own home or a home of your linear family

4 - A property or entity you currently already control

5 - Alcohol

6 - Stamps

7 - Gems

8 - Metals (exception: some U.S. coins)

9 - Antiques

Hopefully this idea gets you thinking outside the box of how you can build wealth for now and for the future. There are powerful tools right at your fingertips.

REALonomics.net advocates that the industry open up the property information portals to consumers and upgrade its approach to how it is interacting with the consumer by implementing more social networking such as www.CityBlogUSA.com, a community blogging network for every city in the USA.

Visit www.REALonomics.net.