I was wondering if anyone had heard the rule of not spending over half of ones' savings on anything if you have no debt.

For example, defining strategy, building systems, raising money, focusing on acquisitions, etc.I'd much rather spend my time doing those things that are earning hundreds of dollars per hour than doing things that will only save me $15-20 per hour (the construction tasks).The most successful business owners are the ones who spend more time working ON their business and less time working IN their business.

When I purchased a duplex, I decided to keep the existing management company in place which may have been a mistake as I didn't spend much time checking out their reputation.The monthly fee charged to LL seems to be 10% but this can and should be negotiated to a lower amount of 6-8% depending on the number of properties managed.

I would not spend a ton on coaching or seminars.

Lot rent ranges from $400-$950 with $700 being about average in the southeast part of Los Angeles county--this is in lower to middle income areas.How much do you expect to spend in repairs on those free homes you picked up?

I do however spend my lunch hours making calls.

The couple of bucks you spend will save you from a savvy and stealthy professional tenant from dragging your butt into court for locking him out of his home and rendering him homeless.Ping me, I might have an legal advisor for you.The rich make the laws to protect themselves from common.

He could also find a place which will sell the tyres to him with financing ... sure he'll end up spending 10-20% more for his snow tyres, but such is life.

Account Closed , I spend time between Atlanta and Israel, currently in Israel.

The number in the books are the first thing you want to verify as true before spending money on everything else for DD.