Daily Archives: August 13, 2015

Intensive Boot Camp For Real Estate Investing – August 15 and 16

danley-genetors

WCSH-TV

Real estate company donates money for graffiti cleanup project
WCSH-TV
A well-known commercial real estate broker CBRE/The Boulos Company is donating $45,000 to double the size of a program they're calling “Graffiti Busters”. That program is managed by LearningWorks, and has been funded by the city. It uses juveniles who ...

and more »

The necessity of real estate in plans for FI?

Wed, 28 Jan 2015 05:39:25 -0800

I'm currently reading the Automatic Millionaire Homeowner by David Bach. I think a lot of his statements are problematic, but I can't deny that the majority of people who've become FI seem to have a heavy involvement with real estate. Maybe it's just confirmation bias though. Therefore, I'm wondering if anyone has become FI (or is on the way to becoming FI) without significantly personally investing in real estate (I don't consider REITs, just people who own property and are landlords or use a property management company).

If real estate is necessary (or at least, makes the journey much shorter), how does someone with absolutely no knowledge go about getting started? Is it just a matter of having the discipline to save up a down payment and then hiring a property management company? Or should you learn how to do home repairs and buy fixer-uppers? If the latter, how do you learn those skills, assuming you don't have any friends or relatives to show you how -- do you just sign up for classes at the local community college?

Edit: I'm in Canada -- does that change your advice in any way? I live in one of the big cities with heated markets, and some people are predicting a cool off if oil prices stay low, which is why my interest has been piqued.

Edit #2: I've seen some interesting answers. Here's another discussion point: How long will it take (or did it take) for you to reach FI? For further clarification: a) did you use real estate? b) how big was your portfolio when you reached your goal? c) what's your current "passive" monthly income?

Feel free to answer some or none of those questions if they're too intrusive!

submitted by Criama to financialindependence
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South Jersey Real Estate Agent: 5822 Central Ocean City, New Jersey

danley-genetors

WCSH-TV

Real estate company donates money for graffiti cleanup project
WCSH-TV
A well-known commercial real estate broker CBRE/The Boulos Company is donating $45,000 to double the size of a program they're calling “Graffiti Busters”. That program is managed by LearningWorks, and has been funded by the city. It uses juveniles who ...

and more »

An old man was on his death bed. He wanted badly to take some of his money with him. He called his priest, his doctor and his real estate agent to his bedside. “Here’s $30,000 cash to be held by each of you. I trust you to put this in my coffin when I die so I can take all my money with me."

Mon, 08 Jun 2015 09:29:42 -0700

At the funeral, each man put an envelope in the coffin. Riding away in a limousine, the priest suddenly broke into tears and confessed, “I had only put $20,000 into the envelope because I needed $10,000 for a new baptistery.”

“Well, since we’re confiding in each other,” said the doctor, “I only put $10,000 in the envelope because we needed a new machine at the hospital which cost $20,000."

The real estate agent was aghast "I'm ashamed of both of you, I want it known that when I put my envelope in that coffin, it held my personal check for the full $30,000."

submitted by Yule64 to Jokes
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