Newbie REI advice from Panda Express!!!

[Bill B.]

I spent several hours reading on BP yesterday. Much of what I read was to drill in the fact of making sure the deal is good, keeping emotion out of the deal, "buying right", running numbers, don't force a deal because you haven't had one in a while, etc. Later we went to Panda Express for dinner. My wife could not understand why I started laughing hysterically after opening my fortune cookie.

It said:

"Do not let your instincts run right over your reason"

Panda Express, REI mentor!!! Who knew?

I'm taping the fortune to the top of my computer and may make it the heading of my worksheets.

[Paul Timmins]

Bill

Remember the 2 rules of investing in real estate

Rule #1 You never fall in love with the property you fall in love with the numbers.

Rule #2 NEVER forget Rule #1

Paul