"The only way to prove that you're a good sport is to lose."Ernie Banks
|
Warning: fopen(stopka/index.php) [function.fopen]: failed to open stream: No such file or directory in /stopka.php on line 117
Warning: fopen(stopka/6655d922aa2c1bbb44b556c10262be35.txt) [function.fopen]: failed to open stream: No such file or directory in /stopka.php on line 117
| |
How Investing Just 8 Minutes Per Day Can Result In You Attaining An Additional One Hour Per Day!
He who sows not in spring, shall not reap in autumn" (Proverb) The better we organise our time (i.e. plan), the better we can use our time for attaining our personal and professional objectives. Planning means preparation for the realisation of ...
Investing In or Owning Drug Lab Properties
As a property owner, you are responsible for 100 percent of the clean up! Cleanups of labs are extremely resource-intensive and costly. The average cost of a cleanup is about $5,000. This is if you are lucky! Clean Up (includes the insides and the ...
It's Not All About the Money, But It Has Alot To Do With Investing
Sin and sorrow everywhere People dying in despair Happy Birthday to you; Happy Birthday to you. When a kid, my grandfather gave me a crisp dollar bill for my birthday. It wasn't about the money; it was about him. As a kid, I also heard theological and ...
|
|
|
| |
You have probably been hearing, seeing and reading that real estate investing is the best thing since sliced bread. There are many late night cable television infomercials spewing out sales pitches for courses that teach you how to buy residential real estate no money down or for next to nothing. Furthermore, polished pitch men on the advertisement emphasize that it is so easy that anybody can do it. They smugly show you that it is simple as they pencil out on the back of a napkin how you will supposedly make a fortune in real estate. Then these real estate investment course promoters show “actual” interviews of people who have reportedly made gobs of money with the course system.
Although it is true that fortunes can be made in real estate it is actually more likely that it will be the guru owner of the real estate course than you! The reason is that real estate investing is a lot harder than most people realize. When you buy, rent, and sell real estate as opposed to stocks you are dealing directly with people and there is not organized exchange to keep things standardized. Don't forget that courts see it as their duty to protect the shelter of families even if they are non paying renters who are total deadbeats. Another problem is that many contractors who do odd fix up jobs for real estate rehabbers are drifters with as many personal and financial problems as bad tenants. They damage houses and are down the street as soon as they get a little cash out of the hapless real estate investor.
It also takes many years to learn how to properly assess value in a town or neighborhood and get the required experience in real estate closings to not have the big profits you initially think you see in a deal leak out. The key point is that real estate investing is a business. Like any other business it requires constant dedication and education. If you work full time it means losing your free time to your rentals and rehabs. If a property doesn't sell or if the tenant doesn't pay you will have to lose part of your salary to cover the mortgage. You should enjoy your regular full time job because you selected it. If you prefer cookouts and trips to the beach over collecting rent and repairing your residential real estate investment then the stock market is a better place for you. If you are interested in real estate investing I have a list of reliable real estate investing courses as well on my website!
About the Author
Short Bio:
ABOUT THE AUTHOR: Dr. Scott Brown, Ph.D., the Wallet Doctor, is a successful investor. Dr. Brown holds a Ph.D. in finance. For more information visit Dr. Brown's site at http:// www.BonanzaBase.com
or sign up for his investment tips at http:// www.WalletDoctor.com
|
|
|
|
|
|
 |
Facebook flop hurts small investors' trust in stocksReutersBrokerage execs fear backlash from retail investors * Low trading volume, high cash balances seen continuing * Confidence in securities industry takes another hit By Jed Horowitz and Olivia Oran NEW YORK, May 25 (Reuters) - Just when brokers thought ...and more » |
|
Invest in India? Patience will pay offCNNMoneyBy Ali Velshi @Money May 25, 2012: 5:09 AM ET The challenges and investing opportunities presented by India -- a country of 1.2 billion people -- are vast indeed. (MONEY Magazine) -- My great-grandfather left his little village in India more than a ...and more » |
|
COLUMN-College investing the low-risk wayReutersSo I've been employing an investment strategy to try to make up the difference so that tuition doesn't sink my kids into a loathsome amount of debt. The basis of our plan is that we invest our college funds in an age-adjusted 529 college savings plan ... |
|
