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  1. MNentre

    Buying From China - what I've been doing

    My understanding of China's culture is that they value relationships. If you go to talk business, it's disrespectful to immediately talk about business as they prefer to introduce you to family and invite you to their homes for dinner, etc. (I dont know how accurate this is in todays day in...
  2. MNentre

    Lacking Motivation? I want to talk...

    MINDSET 
    Submitted. Looking forward to the results and what your analysis is on them. We're in the same area, do you do anything locally (clubs, meetups, etc) that got you over your hurdles? Sorry, I suppose this could have been a PM, too.
  3. MNentre

    Buying From China - what I've been doing

    They are just importing products, nothing proprietary. So, they are providing a service but the repair requires parts from China.
  4. MNentre

    Buying From China - what I've been doing

    It sounds like you have a decent amount of experience with importing. Say you dont go over to China to meet the mnfg, how are you finding them?! Is it referrals? Or, are you just contacting manufacturers that you find through online sites? I know a few people that import stuff and they say...
  5. MNentre

    Chicago 18 yr old's Fastlane Journal To 1st Real Estate Deal!

    REAL ESTATE 
    Hey man, great post! Keep it up and you'll find success. Words of advice, from my own personal experience, is dont get to burnt out on the front end. RE takes along time to develop relationships, understand contracts, buying process-- all of it takes time! i personally got burned out for a...
  6. MNentre

    Where do you find Manufacturers and Wholesalers?

    I am interested in this question as well!
  7. MNentre

    Buying From China - what I've been doing

    For all of you who use China as a way to source products how do you do it? Are you buying from the likes of Alibaba or DHgate? For some reason I have a bad feeling about those sites, not that they are bad, just that they are saturated. How are you getting $10 ps3 controllers? Are they...
  8. MNentre

    Failure Club:New documentary from the guy that made super size me

    MINDSET FAILURE 
    Just watched the first 3 episodes, great so far! Im excited to watch each one progress- especially the guy opening up the retail store.
  9. MNentre

    Residential Property Managment - new revenue streams?

    REAL ESTATE 
    I read online that banks are going to start holding onto their inventory. OPPORTUNITY! banks hold deposits and make loans, NOT manage property! If you have a track record, i would talk to all of your local credit unions who were financing houses back in the day (and held onto the paper, many...
  10. MNentre

    $70K in cash: can I quit corporate america?

    REAL ESTATE 
    Is there any reason you are keeping the property in Italy?! a 400k house renting for .25% of its value per month is pretty terrible (I dont know Italy RE, but as a comparison to US it is not good!) If I were you, I would get more cash by selling that and buying residential rentals- look for...
  11. MNentre

    in a rental...what do most view as better..15yr mortgage or 30 yr

    REAL ESTATE 
    In my opinion, cash is KING! I'll take the extra cash flow today, to give myself more opportunities for good deals that cross my plate. Also, considering today's rates, I would love to lock a rate today for 30 years!!!
  12. MNentre

    How I Made $12,000 in 9 Days ... Without a Penny in the Deal

    REAL ESTATE 
    Jackie, I am a licensed agent, how would this deal have gotten done if you were licensed? Is it legal? Also, who has the underlying risk with this property? Say it needs a new roof, who's paying for it? Whose responsible for paying the mortgage and taxes? Thanks and congrats on this...
  13. MNentre

    Protect Your Assets Like the Uber-Rich

    REAL ESTATE 
    Bobby, This was a great article! I am new to posting on the forums, but have lurked for a while. I am big in RE and mostly read over at BiggerPockets. I have been looking around your site a little more and am really enjoying it. The question I have for you is: Is there a best strategy...
  14. MNentre

    Well, I finally did it!

    REAL ESTATE 
    I'm looking to overcome the same hurdle you did. It starts with one! Now you got it out of the way! I'm still having analysis paralysis :(

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