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28 August 2008 | 11 replies
If you are good enough to make 5K a month wholesaling...what I call the "short money"...you're missing the bigger picture of the real estate business.The long money...the continue cash flow from owning a free and clear rental property whose rents continue rise with inflation...is the big payoff of real estate.Let's get real...if you find properties others are willing to pay you cash for...you just sold away a lot of expertise and effort for pennies on the dollar.Get in this business for real and quit chasing the "fast but short buck".Or at the very least, stop calling it "investing"...Take some words of wisdom from Warren Buffet:We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'
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15 November 2005 | 2 replies
Also, continue to read these posts, ask questions, and gain knowledge constantly.
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10 November 2005 | 1 reply
Through my experiences I have always felt intimidated by being in the drivers seat myself, and cautious about leaving my comfort zone.But now, with my retirement goal looming, I feel I need to place my feet in this arena, and begin my own personal investment portfolio, in addition to continuing what I do best, provide financing to others.I believe by joining this forum, I can do both.
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6 May 2006 | 1 reply
My firm has originated and continues to originate Georgia foreclosures that we cant sell because I don't know who to sell them too.Brokers need not be tire kickers.Bill Smith
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20 July 2006 | 2 replies
I agree with Robert, especially as Mfg. continue to leave the area.
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24 February 2006 | 3 replies
This Property is currtently listed, also we have a buyers agent we are finding hard to market with it still being on mls at 219,900 we need to sell reasonable time if we close cause holding cost will be way too high how can we structure this deal to get out in the next 30 days (1)doing all out blitz and selling at discount to end buyer and structure so we can cash out without closing 2.close refinace pull some equity then continue to sell with or without best realtor in town, 3.
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14 February 2006 | 4 replies
That way when I discovered large things after I was into the job I could still get them delivered.Of particular note was 5# boxes of nails.
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22 February 2006 | 5 replies
I've only got about 1% of the knowledge I would like to have about RE so I'll continue to poke my nose around here, read something else there and hopefully I understand to the point where I'm comfortable making decisions on my own properties and helping those that need some guidance.hillbillywilly
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5 May 2006 | 28 replies
That said, continue the discussion, and Cash - I'm truly jealous of you and your ski trip!
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4 May 2006 | 7 replies
Be ready for the shift to go into high gear... as homes continue to sit... appraisers are having a tougher time finding comps within a 6 month period and having to go back as far one year.