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  1. CareCPA

    Amazon bought Wholefoods. How to the Mom & Pop Shops Pivot?

    Completely agree with this. Even if I didn't want to spend time putting together a shopping list and planning meals, I would still be wary of ingredients being shipped to me and arriving in good condition (something about shipping raw fish or chicken just makes me squeamish). Why isn't this...
  2. CareCPA

    Where are all the Mobile Home Park Investors?

    HOT! REAL ESTATE 
    Be careful that you don't need a real estate license for this in your state.
  3. CareCPA

    Spicymemer45's Adventures in Capitalism (For life)

    EXECUTION 
    Of course, given your name and avatar, things may take a turn rather quickly ;) Either way, along for the ride.
  4. CareCPA

    If You Were A Moderator

    HOT! 
    Ha, right in front of my face. Thanks!
  5. CareCPA

    If You Were A Moderator

    HOT! 
    I would like a way to flag profiles instead of having to call out a mod when someone is spam-posting the forum. Did I miss the button somewhere?
  6. CareCPA

    Spicymemer45's Adventures in Capitalism (For life)

    EXECUTION 
    While your yardwork venture may not currently be considered Fastlane, it's encouraging to see a progress thread that starts with action. I've seen a bunch recently that start out with "I'm going to build a website, and do research, and watch videos," and nothing seems to be happening. I'm a...
  7. CareCPA

    Only for people who have been around for at least 2 recessions ! (Recession is coming!!!)

    HOT! MINDSET 
    This. Almost everything is on sale during a recession. Having capital that you can redeploy to acquire them is the most important. Don't depend on lines of credit or refinancing existing assets - these may dry up during a recession as banks become more strict on lending requirements. On the...
  8. CareCPA

    Fear and Action-Faking in Entrepreneurship-- a 19 year old's guide to askholing.

    NOTABLE! 
    So in the two weeks since I last asked - have you sold any products?
  9. CareCPA

    How To Trade Stock Options (Ultimate Beginners Guide)

    HOT! INVESTING 
    Thank you for the literal word for word answer from Quora, as you and Alexlewter follow each other around liking each other's posts. https://www.quora.com/How-does-stock-options-trading-work It goes along with your answer on real estate auctions that is also word for word from Quora. @MJ DeMarco...
  10. CareCPA

    Mortgages... yea or nay?

    INVESTING 
    I'll probably still get more mortgages, but I did think I would have to give up a kidney or a first born child the last time I got one.
  11. CareCPA

    What the hell is "consulting"?

    Consulting is my favorite, even more so than accounting. People pay me lots of money to give them advice, using knowledge that other people have already paid me to acquire. Win win.
  12. CareCPA

    Mortgages... yea or nay?

    INVESTING 
    I use a mortgage on both my personal home and my investment properties. If you buy smart on both, you substantially reduce your risks. For example, with all of our expenses, including mortgage on primary residence, we can still pay the bills with one full time salary. If we had maxed out our...
  13. CareCPA

    50 yr old+ Entrepreneurs- Help Wanted

    HOT! 
    4.) Old people are skeptical of everything, even other old people.
  14. CareCPA

    Do you have REMOTE employees? Let's discuss

    PEOPLE 
    Forgot to mention... I've found myself using Google's tools a lot. Hangouts for calls/meetings, Drive for document sharing, etc. All free the way I use them (I don't remember if they have higher tiers you can pay for or not).
  15. CareCPA

    Do you have REMOTE employees? Let's discuss

    PEOPLE 
    Mostly what you've already noted about being results-oriented. They tell me what needs done, when it needs done by, and then don't care when or where I do it. To me that's about the best an employer/employee relationship can get. As I noted before, obviously this only works with experienced...
  16. CareCPA

    Long-term Effect of DBAs and Subsidiaries on BRAND

    In my state, the filing cost for creating a DBA and creating an entity are comparable. Your added costs would come on the compliance side (tax returns, mostly, and if it makes things more difficult for your accountant/bookkeeper). I don't know if any marketing/operations materials would be...
  17. CareCPA

    Do you have REMOTE employees? Let's discuss

    PEOPLE 
    I don't blame him, I couldn't tell either... I'm currently doing remote work from the employee side. If you are results-oriented, that goes a long way since you don't have to babysit. Just make sure training is set up well for when you bring on new staff. Depending on the industry, it can be...
  18. CareCPA

    Who to Trust in the Investment World?

    INVESTING 
    Building off @MJ DeMarco 's post: - We can teach you to research dividends and the effective rates, but we can't tell you if they will continue in the future. - We can teach you to calculate P/E rations and diluted earnings, but we can't tell you whether the P/E is high or low, because that's an...
  19. CareCPA

    When did you realize the system is rigged?

    NOTABLE! 
    Some people are happy just to show up and get a steady paycheck. It's much easier.
  20. CareCPA

    Your Boss Doesn't Give A Shit About You

    NOTABLE! PEOPLE 
    Solid advice. Thanks.

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