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6 February 2013 | 35 replies
I think if you are investing in real estate, you can still be looking for a quick buck, but you understand things can take some time to develop. compound interest is very powerful and if you are not in it for the long term, you will likely not be too impressedPeople are too emotional and probably log into thier stock market account too often and play off of those emotions. i am no different, but my stock market preference is dollar cost average for the long term. i do this through index funds and mostly retirement accounts. the stock market is at all time highs and while it had a huge crash, most people got scared away. as the stock market returned, people statring talking more about it. as warren buffet says and this goes for any investment. people want to buy clothes, cars, ect.
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18 December 2013 | 25 replies
The berkshires really didn't boom in the mid 2000's and also didn't crash too hard either.
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10 February 2013 | 10 replies
Make sure you have cash reserves because IF the unexpected arrives, you will need cash to take care of it.
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11 February 2013 | 34 replies
I have not paid for a mentor, but I have paid around 10,000 for a few bootcamps.I have not worked for a mentor for free, however if had it most likely would have saved me a total crash that cost me around 500,000I have mentored a few people for a "fee"Fellow 1. 2,500 per deal up front, I find the deal we use his lenders money, we split profits 50/50 on the first three deals.
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2 January 2015 | 12 replies
The deal wasn't a great one as there were many complications, a crashing real estate market and then some unknown creditors appeared.
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17 April 2013 | 10 replies
Somewhere around this step the borrower will usually see document packets arrive in the mail that do not need to be executed and returned.
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16 October 2013 | 27 replies
I got divorced around the same time and had to liquidate all my properties, luckily right before the crash, so I wasn't hurt too badly.
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16 February 2013 | 16 replies
I like a to have a routine such as knowing rent checks will arrive monthly etc.
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13 February 2013 | 10 replies
I'd like to show a seller how I arrived at my offer by writing up my own appraisal and showing it to him.
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27 April 2014 | 9 replies
Here's my weird idea for ListSource criteria:SFRAbsentee Owner (out of state)40%-100% equity, with a minimum of 30k100k-400k current market value:: Last Market Sale Date - 2009-2012 :: <-- This is my weird ideaI figure since home values crashed 2009-2012 and they've come back up 30% in the last year here in Phoenix, some of the people with decent equity are those who have just purchased.