Be Greedy When Others Are Fearful – A Lesson From The Financial Crisis
“Be fearful when others are greedy; be greedy when others are fearful.” – Warren Buffett
There is a lot of fear in the market place right now. T...
Hello. We have a cabin in Gatlinburg managed by a small company. December 24 the guest notified them that there was no water. The pipes were frozen. December 25 the guest notified them the heat wasn't working and the...
Hi all, as I've been getting more into real estate investing, it's become quite clear that the US tax code favors business owners and real estate investors rather than W2 employees or self-employed business owners. On...
Hello BP,I recently closed on a 5 unit property where all of the units are way below market. With the current rents I am operating at a $200 monthly deficit. All of the residents are on month to month leases and this...
For the last 15 years I have been answering questions from unknowledgeable wanna be investors who watched a guru on YouTube and now wants to know where to get the earnest money to tie up multi million dollar propertie...
Just finished listening to the 1.22.17 Real Estate Guys Radio podcast with Robert Kiyosaki. On it he said that basically we are currently in an economic situation akin to 1928 and 1929 is approaching rapidly. His argu...
I googled the unemployment history of US, and here is the chart... Out of the past 65 years, maybe 10 saw unemployment at around 4%....All other 55 years were higher.... If you are buying RE in today's enviroment when...
Have been looking at a few properties but haven't been able to make the leap yet. Hard to part with money in the bank and get into another mortgage.
That said, our position is good. Plenty of cash - I have around...
I am very upset at Wells Fargo Bank. We had been with the former banks Wachovia etc. since 1989 and NEVER had any late payments on anything!
Now Wells Fargo Bank - CEO John Stumpf recently received $25,000,000,000.00...