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All Forum Posts by: Dale Stevens

Dale Stevens has started 1 posts and replied 334 times.

Post: Hello from the Western suburbs of Chicago

Dale StevensPosted
  • Investor
  • Downers Grove, IL
  • Posts 353
  • Votes 213

Welcome, I hope to meet you at some of the LOCAL REI groups. There are many in the Chicago area. Try them all. Different formats, different people, different ideas. I find some I didn't like, others I did. However you could be different. Don't listen to what others say, find out for yourself.

Had I listened to what others said, I would have only gone to Renatus (yeah enough said there).

@Darrell Lee

 you have nailed it. It doesn't matter if you bring in $100k or $1M in gross income. What matters is the profit. If your expenses are $30k and you bring in $100k that is $70k, but if you gross $1m and your expenses are 995k, ouch.. 

This is why a restaurant that grossed $3m last year in Seattle is now closing, because the increased minimum wage took their 4.2% profit and dropped it losing 2%. 

Post: Northwestern suburbs of Chicago meet ups

Dale StevensPosted
  • Investor
  • Downers Grove, IL
  • Posts 353
  • Votes 213

I had talked to someoen a few weeks back that was supposedly setting up a meet in Schaumburg. Would that work for everyone?

Post: Newbie from western Chicagoland

Dale StevensPosted
  • Investor
  • Downers Grove, IL
  • Posts 353
  • Votes 213

Welcome. I too am new to this site, but not really a "new" investor.

Good luck, let us know how you do.