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30 January 2014 | 17 replies
To offset that consumption the rest of the property should create revenues to pay for that consumption and ideally provide a profit to the owner occupant after expenses.If you've never read the wealth of nations its pretty awesome stuff but, its NOT light reading and is in ye olde English as it was written in the 1776 :-D~http://www2.hn.psu.edu/faculty/jmanis/adam-smith/wealth-nations.pdf
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3 February 2014 | 25 replies
For myself and my wife, I found there is a mental shift that occurs when we have a 'company', which is beneficial to our portfolio.I assume that when you operate outside of an LLC, you have separate bank accounts, policies, work areas in your home, etc?
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1 February 2014 | 8 replies
I had myself in the same mentality.
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31 January 2014 | 3 replies
Then I mentally walk the broker through the main parts of the house and I take notes.
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31 January 2014 | 11 replies
Mentally, I can take that if I thought it was still a good deal.
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24 March 2008 | 6 replies
[/list:u]I think some of my problem is fear and I always feel like whatever I do is not good enough.. which keeps me trying to get better but can also hold me back mentally...
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18 March 2008 | 9 replies
I naturally stayed close contact with him to see how things were going, then I drove to where he lived (4 hours away) to actually have a look at things, mainly b/c he wanted me to lend him the money to fix up a place.He got a home for $30k, comps in the area were going for 80k, he said, and he made the deal as quickly as possible because his whole mentality was getting things as done as fast as lightning.
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14 May 2008 | 27 replies
Sometimes it is very hard to get rid of that backwoods mentality, especially after a drinks of Dewar's.. :)Thanks again for the great advice.
8 August 2008 | 0 replies
A lot of horror stories come from “low income†mentality.
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17 August 2008 | 33 replies
Just don't buy anything Larry does has a pretty good course for wholesaling.I would spent lots of time on this site researching.The very first thing I would do is get the mentality of REI.