
6 May 2015 | 24 replies
You're chasing upside without concern for mitigating your downside.A single family home in an upscale and strong demand neighborhood like Beverly Hills is like a blue chip stock in your retirement portfolio.I understand that it does not appreciate as rapidly as a growth stock and I also understand it does not yield dividends equal to a more speculative growth investment, but, when the markets turn, which they always do, It's more likely to retain it's value and provide you a hedge against the risk of more speculative investments.I'm suggesting that by abandoning a solid and less risky investment in order to put all your eggs in a more speculative basket you're giving yourself a better chance of a larger income stream and perhaps better short term appreciation, but you are also risking all of your equity in a more speculative market by buying in less solid markets.To me a smarter, safer move would be to retain a solid blue chip asset that pays for itself and perhaps also pays for the additional equity you could borrow against the asset (new loan or credit line), and then re-invest that borrowed equity in more speculative investments if you wish to generate additional cashflow.If you've outspent yourself and need to generate cashflow quickly for another reason we haven't discussed here I understand that sometimes decisions must be made on a shorter time horizon.

22 February 2020 | 26 replies
I had a credit of $264.81, which has been wiped out and now I'm left with the remainder.When my supply line broke, it was sending a large stream (no joke) down the road for quite a while.

20 September 2015 | 29 replies
Once you get bit by economic forces beyond your control you learn to just plan for them to happen and leave big margins of safety.It's also a good reason to have reserves and experience and other streams of income before raising money from others

1 June 2015 | 53 replies
But I've had a steady stream of people usually 2 groups a week.

16 February 2016 | 102 replies
Now when I retire from my primary profession I will absolutely insure it for every possible hazard, loss of rent income, etc. because they will be my primary income and I'll want to do what I can to protect that income stream into retirement.

13 November 2015 | 88 replies
Charlie, I'm always open to new revenues streams, and wondered if you have any Case Studies or White papers of profitable Christmas tree, pumpkin farms and Artisan cheese businesses?

18 February 2019 | 127 replies
So in my mind its not an investment its a Job.. your replacing one income revenue stream for another because you may dislike your current job or profession..
3 October 2016 | 65 replies
If you're getting a continuous stream of vendors who are appalled at your audacity to 1099 them or demand a w-9 before cutting a check you are probably telegraphing (probably intentionally) this type of winky winky give me your cheapest under the table job pricing.

26 October 2016 | 5 replies
I found the following with information BREIAMeeting Location:IGFA Fishing Hall of FameMeeting Address:300 Gulf Stream WayCity, State Zip:Davie, Florida 33317Meeting Time:1st Wednesday, 5:30 p.mWebsite:www.breia.comDistressed Real Estate InvestorsMeeting Location:Renaissance Hotel Boca RatonMeeting Address:2000 NW 19th StCity, State Zip:Boca Raton, Florida 33431Meeting Time:1st Tuesday, 6:30 p.m.Website:www.distressedreia.comDade Real Estate Investors AssociationDREIA Main Office 209 NE 95th Street, Ste 7Miami Shores, FL 33138Website http://dreia.org/Did I miss any Local REIA ?
11 July 2016 | 15 replies
If you prove yourself knowledgeable and competent to people during real estate transactions and give good advice, it's fairly easy to create a nice side income stream even if it is part-time.