I can assure you even if you make more money, uncontrolled spending will just consume every penny.

I guess when your net worth is high enough it is academic and it is all good to share the wealth with your advisors since even though they charge a lot still only pennies compared to a big estate.

If you are not interested or have not time to learn the average price of copper pipe, pine 2 by 6's or sewer lateral replacement in your market, you probably should stick to syndications.     

do you background check. it is better not to have a tenant than to have a bad one. landlords need to stop withthe cash flowing mantra against all odds. if your property has appreciated tremendously stop counting pennies. seriously. you are already ahead of the curve by owning the property. stop being so greedy.

Anyone here listen to the Lab Coat Agents podcast? 

It has steel beams as support which cost the builder a pretty penny.

There aren't properties for pennies on the dollar and if you think you found one you probably are bidding on an HOA or 2nd mortgage judgement. 

On the other had there are several on this board who would borrow every single penny they can and throw it all into one asset class.

But I would always use just a stain rather than a coating like a urethane or paint, because you will have to clean them off before resealing.

I did not write the book and nobody is paying me a penny.