Hey guys,I'm trying to expand my horizons and wanted to know where you guys are getting your deals from?

I dont need current income - Uncle Sam and Calif hit me with plenty of taxes as it is.I have long time horizons for investmentsSince all my other investments are quite liquid, liquidity is not important to me for this investmentDon't have time nor expertise to rehab and flipDon't expect to be good at dealing with tenants, certainly not a large number of them.

Makes sense J...I guess how you do your accounting has a lot to do with the audience and your intended time horizon.

Peter Lynch has a wider horizon for investing, but loved sticking to boring companies as well, especially those that were more substance than style.We often say in the aviation community, "You want to know a good company stock to short?

However, I know there is still major action ahead of me and probably a few mistakes on the horizon.

It's really a personal question that must be weighed against your other opportunities, your goals, time horizon, financial plan, risk tolerance, etc.

We do our due diligence and buy properties correctly because we can afford to have a property cash flow 10-11 months a year and still come out ahead.While I agree that someone who is too gung-ho about using others money can benefit from hearing about frugality, and planning for missed income, I somehow think that we don't need to warn a 500 lb person about anorexia.If the man is REALLY focused on in the free and clear, why not expand his horizons just a tad?

Future water increases are on the horizon.

Especially if you are in a growing area and have a long term horizon.

What is your time horizon for holding??