4 October 2018 | 65 replies
I think that one talent investors (and for sure flippers) have that regular folks don't seem to have is the eye and imagination for what a space can be (and what it can be for a reasonable amount of money) -- we don't get distracted by what the space IS right here and now.
27 November 2015 | 142 replies
I think he's just slow, loses focus, doesn't live up to commitments, distracted, unreliable.
19 October 2015 | 177 replies
@Joshua Dorkin I am going to continue building relationships, increase my knowledge, avoid distractions, and keep my motivation as high as possible.
24 November 2021 | 122 replies
It’s easy to get distracted in this game with all the options in the industry.
26 May 2017 | 9 replies
I find their email newsletter helps to keep me focused on Real Estate when I get distracted by the "real-world".
17 October 2019 | 36 replies
From Halloween to New Years a lot of people are distracted and not in the market to buy.
26 February 2018 | 16 replies
This way, you won’t get distracted or overwhelmed.
19 July 2017 | 44 replies
This way, you won’t get distracted or overwhelmed.
22 March 2024 | 88 replies
This slogan merely means you can put down ZERO and the Investment will be NEGATIVE but if you buy it without financing it, you will Cash Flow.You make the Investment Cash Flow.Also, Cash Flow can be a distraction from much bigger problems.Buying a Property that you cash flow in a DEPRECIATING Local Market is a set up for failure.Take Detroit during the decades before it went bankrupt.You may have bought a Cash Flowing property decades before, but the writing on the wall was that Detroit was going to depreciate when the Domestic Auto Industry was a decades long slow train wreck.Detroit, at that time, was 90% dependent on Domestic Auto.There are 2 rules that I follow:1) ALWAYS buy in Appreciating Markets with a horizon of at least 10 years2) You (notice, I said YOU) SHOULD Make the Investment at least break even if not some positive cash flowIf you are in an Appreciating Market, your Cash Flow will grow.For instance, I am in Brooklyn, NY and my first investment was in 1998.My rents went up over 350% (from $1k for a typical 2 Bedroom apt to $3.5k today) over the 26 years.Not only do I cash flow from the Rental Price Appreciation but soon my Mortgage will be paid off by the tenants.The Cash flow will be HUUUGE in about 2 years from now.Many Investors here seem to not understand that Appreciation is BOTH the Investment's Value and the Rental Price Appreciation.
9 May 2022 | 22 replies
So I just buy pretty broad index funds for the most part and hang onto them long term.Sticking to real estate for my active investing has been a good plan for me because it has allowed me to master the process without being too distracted.