With a personal loan you can buy "baseball cards/jeans/car audio equipment/cell phones/stamps/Chuck E Cheese game tokens" Essentially you have 30K in cash that you are paying monthly for.

Some people say, there is a stamp under the kitchen sink or electrical panel.

I like real estate for the opportunity that it provides.Some of my investor buyers for my listings have multiple stock accounts they pull from to purchase real estate.Personally I like real estate because it is a tangible asset.I don't like the idea of paper to be worth 100 one day and 10 cents the next.At least with a property barring and act of God or some other strange occurrance I will have a tangible asset to sell.I know some will say but if you bought at the height of the market you would be upside down on that tangible asset.I didn't buy anything back then.I saw many people laughing and making money refinancing and to be honest I did feel like maybe I was missing out.I waited on now I am so glad that I did because many of those same people laughing with joy are crying in pain.Stocks just like real estate is something that if you just dabble in it you can lose everything.The sexy part of stocks just like real estate is to make money quick but many more lose than win.The losers aren't talked about much but the few winners are pumped up to sell marketing and courses to extract money from the herds.For my honeymoon years ago we went to Tennessee.While there my wife had an adverse reaction I think to the make up used at the wedding (she has sensitive skin).So we went to a local doc.This guy was really nice but old in his late 80's.We started chatting up and he said it was just a reaction to something and gave her a shot.I talked about real estate.That's when he said him and his wife had put all of their retirement in Enron stock and had it for awhile then BOOM the bottom fell out and they lost everything.He had to come out of retirement and open a practice again in his late 80's to make ends meet.That scared the hell out of me and made me stay away from stocks.I might eventually buy a small amount for a long term hold but I am not into risk with stock market.I have seen too many people see big dollar signs with their eyes and lose their shirts.

(I take notes on wholesaling podcasts with time stamps)

Can you guys look at my numbers.Purchase Price $38,500 Inspection $150 Attorney $500HOA (6 Months) $1,698 Title Transfer & Insurance $1,000 Stamp and other costs $652 Total Price $42,500 Rent $975 Tax + HOA $362 Insurance $15 Vacancy (1 Month)$81 Maintainance $25 Total Expenses $484 Rent - Expenses $491 Annual Rent $5,896 Cap Rate13.9%If Financed80% of LTVAcquisition cost $42,500 Lender Fee $250 Appraisal $400 Other Costs $400 Total Borrowing cost $1,050 Appraised Value $40,000 Downpayment $10,500 Downpayment + Loan Cost $11,550 Loan Amount $32,000 Mortgage (3.5%/10Yr) $316 Hazard Insurance $15 Annual Bank Payments $3,977 Net Annual Cash Flow $1,919 Cash on Cash%16.6%

v=-bUvhySwMOE and i just got 400 people and now i am going to send them all a letter. i just got my 400 stamps and envelopes a few hours ago. now i just need to start writing!

Obviously, by not taking title in my company's name, I save on insurance costs, tax stamps, and those closing costs.

Planning on being there...I'll be looking for a guy with safety goggles and a guy with a Hawaiian shirt....

Cost of getting it: $767.02 (That was a two weekend 40 hour course, two hotel nights, food, and travel expenses, test fee)True Cost of year 1:Total Commissions for two sales: $6,016.88 (Two properties 195k and 167k, 2% and 2.5% commissions)Total Expenses: $3,288.73 (Association of realtors, MLS, E-Key, CEU's, Lockbox, shirts, business cards)Start of Year 2: I've had 5 sales, 1 was a recommendation for a rental property listing. 4 were through family/friends. 

They go through excruciating pain to make the seller believe they went to Walmart, bought a yellow paper, then hand write that paper, put a nice custom personable stamp on it, even sometimes they put a picture of the house on it.The seller now things.. well lookie here, someone is extremely motivated because they went through all that trouble.Guys and girls.. really?