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All Forum Posts by: Karen Parker

Karen Parker has started 17 posts and replied 384 times.

Post: The Official Trading Thread

Karen ParkerPosted
  • Real Estate Investor
  • Tampa, FL
  • Posts 456
  • Votes 42

Jason, are you a day trader or swing? I've never done well enough to make it a full time business. Largely because I take a lot of risks. I profit but not without substantial losses. What type of analysis do use?

Post: Direct Mailing? Any Progress?

Karen ParkerPosted
  • Real Estate Investor
  • Tampa, FL
  • Posts 456
  • Votes 42
Originally posted by Justin S.:
Ya, I know. I just hear folks getting 3%, 5%, 15% returns on their direct mailings.

I'm only getting 1%. So, I meant that its not as efficient as some of the others, but its still working for me as is.


Justin are you using 30, 60, or 90 day NODs or a combo? I heard 1% is about the norm on these mailings. But I also hear that varies on everything from marketing material to number of contacts made to each prospect as well as if your using a real stamp for postage. How many times do you typically mail to your NOD leads? What other methods do you use that has a better return?

Post: I went to a townhall meeting....and found myself agreeing with a Democrat...

Karen ParkerPosted
  • Real Estate Investor
  • Tampa, FL
  • Posts 456
  • Votes 42

When I was growing up I loved the Rolling Stones. My father hared them. I came in one day and he was listening to "Angie". I said, "But you hate the Stones." He replied, "Even the worst of them can't get it wrong every time. The odds are simply against it."

Post: Realators?

Karen ParkerPosted
  • Real Estate Investor
  • Tampa, FL
  • Posts 456
  • Votes 42

Depends on who you're working with and the spread. I use realtors for some deals because I have some bring them to me so of course I'm going to list them with those same realtors. Then there are some who are personal friends that you can negotiate with on their commission/fee. Keep in mind some realtors are also investors. These are the best to work with because they know what's going on.

Post: Where have all the LEADERS gone?

Karen ParkerPosted
  • Real Estate Investor
  • Tampa, FL
  • Posts 456
  • Votes 42

I honestly think it comes down to values. When our country was first started, it held to those that were stated in our Constitution. As we have drifted away from that, the value system in this country has deteriorated. We are no longer a moral society based on honesty and integrity. It is common knowledge that politicians are liars and heads of corporations are criminals but worse,than that, it has become acceptable behavior along with many others that in the past would have been shunned.

Post: Florida is Not redy for Government Controlled Healthcare

Karen ParkerPosted
  • Real Estate Investor
  • Tampa, FL
  • Posts 456
  • Votes 42
Originally posted by Tim Wieneke:
Originally posted by J Scott:
I wonder if the opponents were planted by the GOP, like they did in Wisconsin:

http://tpmdc.talkingpointsmemo.com/2009/08/grassroots-protester-actually-gop-official.php?ref=fpa


Full disclosure Jason. She's a former GOP official.


Which goes back to what I have been saying all along. We're pretty much down to a one party system in this country. One group is as bad as the other. But I'm sure no one had to plant people down there since there were enough people organized to be there through the same groups that organize the tea parties. I would have been there myself but I was in the midst of making money at that time. Not that making money is a priority over defending what rights we have in this country but one must also help the pitiful economy. :mrgreen: As a matter of fact several of friends called and accused me of starting that riot :oops:

The statement that pissed me off the most was:

"They were all in her face trying to scream. What they were trying to scream and nobody knows what that was and nothing got accomplished."

If they would have listened to start with, Kathy Castor would not have been here period!! We don't want this BS. Not only does she need to be screamed at but B-slapped.

Post: Where is everyone?

Karen ParkerPosted
  • Real Estate Investor
  • Tampa, FL
  • Posts 456
  • Votes 42
Originally posted by Rich Weese:


Karen- I agree that a mix of both is best .If you haven't read my initial blog on BP, go read it. It has all the tax advice I could think of at the time. If you need the cash flow to live on, then yes, it is very important. If cash neutral works for you, then you have more options. I always suggest that the investment program is started WHILE you have another income from employment if at all possible. Less stress and more properties to choose from.
If you need income from the real estate, maybe you can find other ways than cash flowing properties.Collect fees for birddogging for other investors. Do some quick flips if that works in your areas.Manage properties for others and collect a fee(check rules in your area).Do some wholesaling.
The shoes you walk in and the area you live or invest in does dictate what you have a better chance of being successful in. Rich


Rich, I read your blog. There's definitely some great tips in there. I wish I had known about that property deduction back when RE was appreciating in Florida. Hopefully those days are not gone forever. I loved the idea of buying property in places I like to travel to since I do love to travel and it does become costly. I do use some of the things you mentioned for deductions from my taxes. RE once was my sole source of income but since rehabbing turned an icy proposition here in Florida, I have since gone back to working as electronics engineer. So yes, I do have a regular job as back up as I have restructured my business into doing mainly short sales and wholesale for cash flow with the intent of pushing those funds into rental income properties. In other words, the shoes that use to fit down here no longer do and I've had to get some new ones.

Post: Where is everyone?

Karen ParkerPosted
  • Real Estate Investor
  • Tampa, FL
  • Posts 456
  • Votes 42

Rich, still here too. Looking for tax advice in which your perspective and advice is helpful. I realize in your position that you are less interested in cash flow than equity building but from some of our perspectives, we have to build up that cashflow state before we can move into the equity building state. Or maybe I'm going about it all wrong? Always open to new and creative suggestions. I personally would think a healthy mix of both would be preferable.

MikeOH and Joshua, Matty started the trading thread. Where are you guys?

Mike M, more prayers for you and your family here as well.

Post: Border Color Around Quote Area

Karen ParkerPosted
  • Real Estate Investor
  • Tampa, FL
  • Posts 456
  • Votes 42

Yes, I've seen that problem too and another problem I brought up in one of my other posts is being able to edit the title of a post. Once you click the post, you can't go back and change it from what I have found.

Post: The Official Trading Thread

Karen ParkerPosted
  • Real Estate Investor
  • Tampa, FL
  • Posts 456
  • Votes 42

Matty, I use Forex.com for currency trading. There's a very simple reason why. Its where I started and I got accustomed to their trading platform there. I had tried to switch at one point but felt awkward on a different system after years of trading on the same one. The EUR/USD is ideal for beginning traders because it is less volatile than many others and therefore fewer losses. You will see your best movement on the EUR/USD around the times certain markets open, for exampIe, NY opens at 9:30a.m. est. Sydney at 6:00p.m. est. and Tokyo at 8:00 p.m. est. This is when you can profit (or unfortunately loose). I like the EUR/JPY for its wild spikes. It lends for extremely fast profits if your timing is right. I'm more of a daytrader with a an intermediate amount of swing trading. I use Scottrade and Fidelity for trading stocks. I don't do a lot of following the sheeple because most times by the time the sheeple figure out what's going on, the party's already over. I tend to watch the big guys ie. Goldman Sachs, Instinet, Terra Nova, to name a few brokers.

Chris, its a safe bet that if you trade Forex or stocks, you will lose money. The trick of it is to make your gains out number your losses. But yes, real estate rules!