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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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3 November 2005 | 2 replies
In the meantime I am actively investing in RE and also do taxes and other accounting services for RE professionals, developers, investors and landlords.
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26 June 2011 | 4 replies
Frank this thread is almost 6 years old and Michael is not active on this forum so I hardly doubt he can help you out.
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9 April 2010 | 6 replies
The number one target in litigation, according to my attorney, is the Minutes.You should hold meetings at least quarterly if your LLC is not very active, say for a landlord where no significant business is conducted.
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21 February 2006 | 2 replies
The cost and added oversight on your activities is something to consider.Unfortunately, the process of getting your real estate license will not teach you anything about investing; it only teaches you how to pass the test and get the license.
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1 March 2006 | 22 replies
I'm very curious to see as they improve their data, but for now I think it is the place for the non realtor's to go.We will recommend the site to our users.On the other hand, It doesn't take into account active and pending listings, which are essential for an accurate appraisal estimate.
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5 May 2006 | 28 replies
I tend to agree with all cash's assessment of the situation.
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24 February 2006 | 3 replies
Stay active and ad your two cents when you can.
7 March 2006 | 3 replies
Is she not at all supportive or is it that she just doesn't want to be active in the process?
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6 April 2006 | 3 replies
I am an active investor in the metro Atlanta, GA area.