If I'm going to lose money, I'll just sit at home and watch tv and not lose anything.

He's sitting somewhat pretty now.

The self employed person sitting on tons of money though is a risk to them because they do not conform.Like I said it nonsense so do not get frustrated by it.

I am not sure how other investors feel but when i meet with my accountant, I feel like I am sitting with someone who understands what it is to be in this business.

It then dawn on me, it's the kitchen drain from my own kitchen sink that's sitting in the same cabinet I am squeezed into.

DF won't cause a problem if all is well, the deal goes smoothly, they pay on time etc,,but if you have to evict someone (they will say foreclose),,,someone later decides the deal is bad, etc,,that's when you will have a problemJust because someone will sign something today, and it 'seems ok', doesn't mean they won't have some lawyer looking for any loopholes later, which is when the problems will happen.I negotiate long, lengthy agreements on a daily basis (not REI), a deal could involve $50k in attorneys fees on each side,,,but we joke, that we throw the APA in the file cabinet, and as long as everybody does what they are suppose to, its never looked at again,,but the one deal that goes bad is why you spend the money to make sure everything is perfect,,,I was considering offering some lease to own deals before DF,,at this point I'm sitting on the sidelines seeing what happens, people far smarter than me with more money to throw at this will get it figured out

Refinancing "regardless" at 40% could lead to money sitting around not working or worse a new car or a trip to Hawaii.

You also need to make sure you keep the LLC adequately capitalized.Then you, your Dad and your brother need to sit down with said insurance agent and talk about a big ole umbrella policy.

My brother in law is still working just an okay job 32k a year and still paying off student loans in his 40's. It's

If you can get that charge off removed and get a credit card for about six months you'll be sitting in the 700's easily.