Even then in today's market, it's still hard.One thing I would have done differently from when I went full time is setting up enough passive income streams to cover my living and business expenses each month.

Not sure if everyone has heard of RedBox but it is a movie rental machine that you slide your credit card to dispense a DVD that you select.

But, I a movie quote (from Apollo 13) I find myself saying when there is a big hurdle to overcome is, "Let's work the problem people."

I on the other hand really enjoyed the movie Religulous.

No matter what is going on in the market, if you are a real estate investor you are really buying a cash flow stream.

I actually really liked that movie!

However, I've got a NET of $49K in it, so the income stream works out to about 12.25% on this deal.One other thing, obviously the agent didn't charge me any commission on showing the place to my buyers.

Dan_Auito: the more hooks in different streams the betterjohnmichael: If you do not understand this one point you will not make it to the level you need to beDan_Auito: multiple offers, adds and acquisition techniquesjohnmichael: Many of us know who Mickey Mantle is and that he had - 536 Home Runsjohnmichael: but we forget that he had Over 1,700 Strikes to get to the 536 home runs.Dan_Auito: babe ruth home run king and strike out king as welljohnmichael: Over my years of teaching I have found that most fails simply due to the strikesDan_Auito: learn to accept rejectionjohnmichael: It only takes one dealDan_Auito: a month!

A seller with a $200K property, that you ask to carry the entire $200K back, is not generally going to do it if he wants the cash, not the income stream.

The movies are called: Purple Butterfly, Last Life in the Universe, and Bright Future.