thank you BenThank you JohnRegarding self-employment over a w-2 jobWhen I was just out of the Marine Corps and I had this job at Johnson Controls engineering firm because I was a science major, had a lot of calculus physics and chemistryMy job was to sell to developers and builders That wanted air and water  control devices and I was on straight commission basicallyI had like $20,000 in commissions that they  didn't pay me for I got really upset and at 25 yrs of age I didn't have very much EQ, and my emotions got the best me I basically even went to a lawyer and asked  how can I get my 20,000 in commissions here's the proof they owe me the moneyMy lawyer says it's gonna cost you 10,000 in legal fees to sue them at a minimum he's going to need that upfront as a retainerAnd then there was no guarantees I would get the 20 kThat's why I made the commitment at 25 never ever ever be a W-2 employee and I work as a 1099 alwaysThen I found a real estate 60-year-old mentor who taught me everything from distressed property to foreclosures to divorce to bankruptcy to probateI work for five hundred a week for 2 and a half years and then opened up my own business and did approximately 28 seller interviews a weekMy closing ratio in the beginning wasn't very good because I sucked at itBut with the good coaching from my teacher I got better and better and betterI quit after 2 1/2 years and started my own company on a shoestring it wasn't easyBut I made over hundred thousand dollars my first year if it wasn't for the teacher I would not know how to run a business and I would not know how to hire people and I would not know how to market and I would not know how to negotiateAnd you never stop learning because I made a Ton of money I was 29 and I made over 1 million and a quarter I rolled it back into the company which was a mistakeBut live and learn!

My goal is to owe 10's of millions backed by assets with much more value.Frank

I have even seen inside floors stained, and it was extremely attractive. 

If every foreclosure was a deal I could give you a list of a million deals tomorrow.

Miami is been talking about casinos for years and it does not seem to be happening in the next few years, Cuba will attract a lot of visitors looking for the Caribbean Vegas, especially now that new charters have been issued for some Cruise lines and ferry companies.

This is largely based on the idea that any mice, insects or whatever are attracted to something the tenant is doing (leaving out food or crumbs) and therefor after an initial period it’s their problem.

To make you feel better I know people that have made millions to tens of millions, lost it all, and have made it mostly back again.

In California for instance, some people who bought 40 years ago in Silicon Valley for $50,000 are sitting in million dollar houses that appraise at under $100K. 

I’mIn NYC and my 4 unit cap is around $1.3 million.

They may not want to sell but something can happen down the road that could change that. and because they own the property free and clear its always going to be an attractive prospect, and because of that somebody else is going to be marketing to them, so you want to make sure its your information they reach for when they are ready.