Anyone watch the Warren Buffet Interview on Squawk Box?

Talked to century 21 today for an interview to be an agent under them.

Because if you can't recognize that a property has a better use than for what it's being used for, you don't know if the price is a deal or not!

You will see many names of companies you recognize on buildings currently being built or recently built in Dubai.Probably the coolest thing I saw was the indoor ski run with a full-size chairlift!

Hi Joel,One of the first tasks when I get off the plane is to interview PM firms and find the best in the area.

If you are looking to real estate to get some diversification of your investments and plan on owning 3 or less properties, then by all means research turn key companies, interview property managers and do your best to manage the managers.

Alternatively, spend some time where the properties are located and interview people in person.

They may have the ability to interview and reject new owners.HOAs almost always exist for condos, and may exist for groups for houses.

Use it - live by it.80% of what you do in REI will be a waste of time - 20% will be worth your time - Don't just sit down and surf - have a clear puprose of what your going to accomplish each year / quarter / month / week and day.If you know this year you want to buy a house - then figure our what you need to do each quarter - Break that down to each month Break that down to each week.You have to structure your time to make sure you are moving forward and not just wasting time.Most people waste time and pretend to be working but they are just wasting time.Make sure you recognize the 80% of time wasting stuff in your life and get rid it.

LLC's are not recognized by the CRA and can lead to double taxation.