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  1. CashFlowDepot

    Moved Offshore

    MINDSET 
    I still have investments in the US but I'm not acquiring any more there. I hope to liquidate everything in the US soon. In Panama, like most countries, you only pay taxes for income generated IN country. So I owe nothing to Panama for money I make with my US investments or my internet...
  2. CashFlowDepot

    I live in a 3rd world South East Asian country - Ask me question :)

    I've been researching moving offshore for two years and moved to Panama earlier this year. An offshore business really opens up many more opportunities.
  3. CashFlowDepot

    Moved Offshore

    MINDSET 
    I spent two years researching countries, then visited 10 before I picked Panama as the best place for me to relocate to. It has a booming economy, good infrastructure (including internet speed & reliability) and incredible beauty with a lot of variety. I live in the mountains at 4500 feet...
  4. CashFlowDepot

    Purchase/ Down-payment with Line of Credit

    REAL ESTATE 
    AVOID bank financing all together. Banks make the rules and can call your loan due at any time. It's better to have more control over your deals. Learn to buy with seller financing or subject to existing financing. You can also seek out Private Lenders who will fund your deals in...
  5. CashFlowDepot

    If There are Lines on the Page, Write in the Other Direction

    REAL ESTATE 
    great article by my mentor, the Legendary Jack Miller [LEFT] Almost 40 years ago one of my children brought a scrap of paper home from school on which the topic line for this Blog was scratched. I put it on my office bulletin board where it remained until we moved into another house. What...
  6. CashFlowDepot

    Fastlane Real Estate Wisdom?

    REAL ESTATE 
    There is plenty of online training available about how to find great deals, sell or rent quickly, and be more successful. Some of it is free. Some of it is low cost. And some is quite expensive. It's been my experience that just because it costs more does NOT mean it is better quality...
  7. CashFlowDepot

    Moved Offshore

    MINDSET 
    I stopped watching TV many years ago. It is too depressing and not productive use of time.
  8. CashFlowDepot

    Moved Offshore

    MINDSET 
    I have not been around for awhile because I sold everything in the US and moved to Central America. There is much more freedom and opportunity here. Plus the weather, food, and scenery is great! I'll be back in the real estate investing section soon.
  9. CashFlowDepot

    Has anyone taken an online real estate course to get a license?

    REAL ESTATE 
    My son get his license by taking an online class. He owns an apartment locating company in Austin TX and needed a license to do that. You'll make a lot more money with real estate if you are a principal vs. working for a commission. Here's what I mean: Let's say you sell a $500,000 house...
  10. CashFlowDepot

    What to Ask When Negotiating

    REAL ESTATE 
    There have been some great lessons about negotiating at CashFlowDepot.com this week. Negotiations are not about beating the seller down on their price. It's about determining what the seller really needs and what you really want, then creating solutions which will work for both of you...
  11. CashFlowDepot

    What to Ask When Negotiating

    REAL ESTATE 
    The best negotiators ask a LOT of questions and spend twice as much time listening than they do talking. Only when you get to the REAL reasons why someone is selling can you formulate an offer. Price is rarely the real need. You'll get a lot more offers accepted if you make an all cash offer...
  12. CashFlowDepot

    Mobile Home Investing

    REAL ESTATE 
    Don't rent the mobile, sell them with seller financing then the park will have no problems. And it is ALWAYS always better to go visit with the park manager, take time to visit first, then start talking about your game plan. If you don't make friends with the park manager you will never get to...
  13. CashFlowDepot

    Need good books on making it big on the internet.

    WEB/DIGITAL 
    Read CONVERT by Ben Hunt!
  14. CashFlowDepot

    BEWARE of your web site does this.. FTC crack down

    WEB/DIGITAL 
    New rules for biz opportunity or make money from home offers Selling a Work-at-Home or Other Business Opportunity? Revised Rule May Apply to You | BCP Business Center
  15. CashFlowDepot

    How Much Money Do You Make While You Sleep?

    Want to know the secrets to success? You'll learn it in this article. Plus you'll be able to determine if which personality type you are and if it is one that will be able to "make money while you sleep" I've been pondering the enigma of why bright, energetic, ambitious people don't become...
  16. CashFlowDepot

    What to Ask When Negotiating

    REAL ESTATE 
    When negotiating a purchase, the 'WHY' question precedes What, but when selling, the 'WHAT' issue should come before the 'Why'. You can't scratch an itch until you find it. Because negotiation is essentially a problem solving technique, you've got to understand the motivation of the other party...
  17. CashFlowDepot

    Trading notes for other types of real estate

    REAL ESTATE 
    Here's a newsletter I sent out a few weeks ago -- it has a similar example of how you can trade notes you create out of THIN AIR for something else you want. I think it was 1996 or 1997 when I met Lonnie Scruggs. I bought his Deals on Wheels book and read it in just a few days. I loved the...
  18. CashFlowDepot

    What's Your BIG ENOUGH Reason Why?

    A long time ago I remember reading in a Tony Robbins book that no one will make the effort to learn new skills and put in the hard work to changing their life unless there is a BIG ENOUGH reason why. What's your BIG ENOUGH reason why? For me, I was a stay-at-home Mom with 2 kids. 100% of...
  19. CashFlowDepot

    My 2 Best Ways of Making Money While In College

    Rent a 4 bedroom house for $1000 or less. You get 1 bedroom. Get furniture at Salvation Army and put 2 beds in each of the 3 bedrooms you are not using. Then sub-lease the other 3 of the rooms BY THE BED. If you rented each bed for $250 - $300 x 6 that's $1500- $1800 to cover all the rent +...
  20. CashFlowDepot

    what you think about SOPA/PIPA ?

    HOT! 
    Big Government is wanting to get bigger and bigger with more rules and regulations... that's always a bad thing. Simon Black at SovereignMan.com said it best in his blog post today: Destroying America, bill by bill Date: January 19, 2012 Reporting From: Santiago, Chile As you're probably...

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