Have you ever seen those infomercials about buying houses with "No Money Down?" They are rather well done. They have all types of problems people offering great testimonials about how they have gotten rich, buying rental properties, with absolutely necessary out of their pocket. You see this guy, standing on a street corner, talking to someone, and he says, "I own that one," pointing to a beautiful northeastern. "I also own that one next to it, and the one two doors down, and I'll be closing on the one directly across the street from it, next time." He then assures us that he has purchased 17 homes in air filter eight or ten months, with zero money recorded on the properties. Plus, oftentimes he's also paid no closing costs.
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A second point should be to break down your goals into three categories: short, intermediate and long text. I would advocate that you likely has a separate list about your personal, professional and life goals. The individual goal list would cover areas like: personal relationships, use of free time, personal growth activities, reading up on a particular topic, taking training classes or seminars, or anything else. Your professional goal list should be clearly focused on building your business, increasing revenues, cutting costs, strategic planning, marketing, employee management, creating partnerships and meeting beneficial business contacts. Your lifetime goals would cover the broader picture of what you want to accomplish in life and what who you wish to be remembered for.
In a long time of as a landlord, Two decades thousands of dollars and likely took some years away from my life with all the stress We endured. So, whatever you do, stop the No Money Down Contraption. There are much better, still inexpensive ways supplementations money genuine estate.