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Jay Hinrichs#2 All Forums Contributor
  • Real Estate Broker
  • Lake Oswego OR Summerlin, NV
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is it time to take the chips off the table

Jay Hinrichs#2 All Forums Contributor
  • Real Estate Broker
  • Lake Oswego OR Summerlin, NV
Posted Apr 11 2016, 21:24

when I look back if I had taken my chips off the table in 06 to 07.. I would have basically been able to ride the Melt down with ease.

Our cash flow ( supposedly properties ) tanked.   hope all of you who think cash flow rentals are subject to cash flow interruptions just like other investments.

I am not quitting what I am doing but I sure have my radar up.. I have projects lined up in front of me that will be all sold out middle 17...  what I am not doing right now is committing to new projects TODAY at these high prices and with so many newbies chasing deals. 

Will see if this is correct.. but want to be more conservative after living through 08 and losing a friggen fortune that I had worked 30 years for.. LOL.. and yes I can laugh about it today. !

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