So, here we are, November 25th - not even Yankee Thanksgiving yet - I'm hauling the last load of leaves and brush to the compost yard ahead of the forecast snow, when I receive an SMS alert from my bank!?!

My wife had a similar incident at Toys R Us and saved $50.

The borrower used the money for a duplex they bought and intend to keep for the long haul.

The borrower used the money for a duplex they bought and intend to keep for the long haul.

Vehicles and titled trailers, toys like a 4 wheeler the lien is perfected by completing the lien section on the title and sent in to the DMV or similar state agency.It the interest is in connection with a land deal, file a notice of the other lien in the land records with the subject property, if they will do it, but it at least throws caution in a title search that may cause contractual issues, but aren't liens on the property.Don't file a note unless your recorder requires it for personal property, you may need to prove the debt was created. :).

@Andrew S.And what your friend said also applies to boats, ski chalets, RV, luxury cars, atvs, snow mobiles, and a whole host of other "big boy toys" and big girl toys also.

If you're in this for the long haul you will have expenses like roofs, sewer lines, nasty evictions and major tenant damage.

Best to gather your toys and go home.That was my last profit sharing arrangement from a lending position involved.Since then I had several successful deals, one very successful in a steel fabrication business, a grocery store and several smaller deals.

But they do not cash flow much, so I am not interested.I am in my 20s and in this game for the long haul.

I have been toying with the idea of doing a local meetup group in the SECT area.