
7 July 2019 | 58 replies
The rich refuse to wage-slave for anyone for any amount of money.This whole month has been a thunderous confirmation of this foundational concept for me, for personal reasons that I've been reflecting on every single day.

29 December 2022 | 4 replies
@Brian Eastman - understood on the ROI concepts.

29 December 2022 | 1 reply
I like the Gobundance concept (surrounding myself with like minded, more successful people) - however, the cons for me are the hefty price tag and what seems like a huge time commitment.

20 March 2020 | 13 replies
On the other side of the coin, you have pharmaceuticals companies, who often have negative level of net debt (debt - cash) because if their next break through drug may not get approved and their sales will drop.Thought should be give some thought to what space we are in when thinking about what net debt levels we want (overall leverage and how fast to pay down debt/how much cash to hold).

14 July 2020 | 11 replies
Putting a $200-$300k downpayment on a negatively cash flowing property in SF Bay Area would easily cover at least 10 down payments on 10 different Midwestern properties that each have a CAP rate of 8% or more.

24 September 2021 | 67 replies
As an aside Jeff when I had my little boutique real estate shops.. this is how I would help the new agents that came to work for me. instead of the team concept ( I did not really want a team) I would hand out my properties that I would normally list myself or my wife would.. and we would give them a 1% list fee.. average price points 250 to 500k.. so it was not nothing but not normal.. but it got the newbie in the MLS so in a way it was paid training..

29 December 2022 | 7 replies
I know there is a concept of loss of rent insurance if there is a fire or something.

29 December 2022 | 12 replies
This means that they are borrowing money at 6.5-7.5% interest rate to buy a 7 cap... which means either neutral or negative arbitrage between the purchase and the cap rate.

23 March 2021 | 58 replies
Also a $5k increase over asking will add $21 to your monthly payment and may be enough along with the note.Remember even with a break even or slightly negative cash flow, you get the mortgage paydown, tax benefits and the rents will go up over time.

28 December 2022 | 4 replies
Keep in mind almost all the negative reviews come from angry tenants that were kicked out.