Antonio Similia
30 year term loan vs 15 year term on investment properties
21 December 2018 | 13 replies
Arguments for a 30 year loan: (1) You lock in your fixed payment in "2018 dollars" for the next three decades, when that $700 will be worth a lot less (Jason Hartman calls it "inflation-induced debt destruction")(2) Since your payments are lower, you have increased cash flow that can be used to deploy capital into new projects(3) If unexpected expenses arise (personal or business), you have an immediate source of regular cash flowArguments for a 15 year loan:(1) increased equity over a shorter time horizon(2) cheaper interest rate(3) owning property "free and clear" still in your prime years and the lifting of psychological burden of debtIt really depends on your personal strategy and where you want to place your risk.
Alex Turchetta
S-corp creation for tax purposes
4 February 2019 | 11 replies
I do a lot of other things for this company not related to my professional psychology services as well, for example i’m in charge of marketing for the company as just one of my duties but I don’t really get traditionally “compensated” for that role.
Daniel Kent
AS IS clause but I still want an inspection
8 January 2019 | 13 replies
It's a psychological thing for most people that once they have a fish on the line (you) they don't want to lose you.
Jay Helms
To my fellow introverts....
8 January 2019 | 16 replies
Or if you've done a lot of painting and see that someone's got paint on their shoes, you could use that as an opening, etc.It also helps to have a few "canned" conversation items like "how long have you been coming here", "do you own any properties (and of so, tell me about them)", "what did you think of the main speaker" etc.Yeah, they're all gimmicks in a sense, but I think most people do it, consciously or unconsciously, because I think it makes most people feel more comfortable psychologically when they find some common ground to start talking with.Those are just some thoughts.
Stevie Delacruz
Investing too young?
1 September 2018 | 112 replies
lol my wIfe worked full tIme ,went to nIght schooL ,dId housework ,and helped raIse our boys she got a PHD in Psychology and maIntaIned a 4.0 the entIre tIme .
Matt Hendrickson
Making the Jump from W-2 to 1099
11 September 2018 | 4 replies
If your business doesn't do as well as you want it to do in the first year, it may become very stressful psychologically and financially, and it will hurt your chances of success.
Joseph Bellner
Orlando, Fl Complete and Utter Novice
5 September 2018 | 3 replies
(On that subject I'd like to commend podcast for having kid friendly content as my son is usually riding with me, and I never fear him hearing something inappropriate or psychologically damaging.)In summary, you guys have fantastic content YouTube, Website, Forum, Podcast and I'm appreciative for the many contributors as well as an opportunity to come and share.
Charles Montalvo
NYC Wholesaler Looking to catch first deal!
22 May 2019 | 3 replies
You psychologically adapt to that level because in your head, you are a B student.So please stop with the excuse of my market is competitive... and people.. stop encouraging such believes.
Daniel Sherman
Looking for a good (local) property appraiser - Arlington, VA
22 May 2019 | 12 replies
While people will almost certainly go above asking, there is likely a psychological effect by setting a price.
Dave Carella
Bubble, Bubble, toil and trouble
15 August 2018 | 81 replies
That may be true, but there are specific economic, psychologic, and demographic reasons why self storage is in demand in both times of prosperity and recession.