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Bad Economy Or Not – My Cash Still Flows!
Date: 10/12/2008 / Category: Buy & Hold
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Current Grade B
Preview:
With all the craziness in the financial markets! You might think I have some opinions about what’s happening — and I do.
It has been a CRAZY year in the U.S. Financial Markets
*Stock Market Dropped 777.68 Points
(Biggest One-Day Drop In U.S. History)
*Gas Prices Reach Record Levels
*Major Lay-Offs & Jobs Lost
*Foreclosures Are Up 112% From Last Year
*Banks Are Failing
*Markets Worldwide Also Feeling The Hurt
I’ve been hearing from my students that they’re worried about “the economy”. Some investors are even out of business.
When I hear this, I’m not surprised. Some even think a... continue reading >>
Wholesaling vs. Rehabbing - Where Do You Fit?
Preview:
Some real estate investors are strictly wholesalers, others are retailers, while others do both. It’s usually more effective to focus on one and carve out your niche. Initially, you may start out doing one but find out you’re better suited or happier concentrating on the other.
Let’s define the two. Traditionally, a real estate wholesaler finds and quickly sells properties to other real estate investors at a price that allows a respectable profit margin. To make money a wholesaler must have good sources for finding properties well below market values and have a ready cash to close quickly if they... continue reading >>