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  1. CashFlowDepot

    Greed Takes Down Another Real Estate Agent

    REAL ESTATE 
    I had two investors in Virginia call me last year about working with this lady. I told them both to run in the other direction. One listened to me. The other one didn't and he had to file bankruptcy, lost the 5 houses he bought, all the money he put down, and all his savings.
  2. CashFlowDepot

    Greed Takes Down Another Real Estate Agent

    REAL ESTATE 
    Loudoun Times
  3. CashFlowDepot

    Greed Takes Down Another Real Estate Agent

    REAL ESTATE 
    Loudoun County, Virginia- An Ashburn woman has been indicted in a mortgage fraud scheme allegedly taking advantage of over 100 potential homebuyers. Diane H. Frederick Atari, 42, is accused of fraudulently fixing clients credit and inflating their income on financial records to place them...
  4. CashFlowDepot

    Be Your Own Boss - Take That Job and Shove It

    MARKETPLACE 
    Dhappy Mobile homes are an excellent way to create cash flow. But don't stop just because you are out of money. Here are a few ideas on how you can keep them coming: (1)You can use private money to buy them on an equity participation basis. (2) If you are selling with seller financing you...
  5. CashFlowDepot

    Is Passive Income Real?

    HOT! 
    Storage facilities sound like a good business if they are well located and have good management in place. With so many of them out there now ( one on every corner around here) do the numbers still work? Most of them in Texas are half empty. I guess it just depends on what you paid for it and...
  6. CashFlowDepot

    Is Passive Income Real?

    HOT! 
    Around the World Yes, you had some great points in your posts and I do respect your & others opinions. My post about mobile home parks and storage facilities was based on personal experience and the experience of several good friends who are in the business. Depending on how much turn around...
  7. CashFlowDepot

    Be Your Own Boss - Take That Job and Shove It

    MARKETPLACE 
    A Special Message from Jack Miller - Part 1 of 4 parts Is your cup half full or half empty? Let’s take a look at the empty half first? We’re far enough along in this recession to seriously examine where we are going and how prepared we are to reach our goals. More to the point, are we...
  8. CashFlowDepot

    Magento, Oscommerce, ZenCart and more - Comparison & Review

    WEB/DIGITAL 
    I use infusionsoft for one of my sites. It is a great product and even better now that they eliminated the $5,000 up front cost to use it. ( which I had to pay) Infusionsoft will handle your contact list, all follow up, autoresponders, shopping cart, affiliate programs, to do lists, and a lot...
  9. CashFlowDepot

    Is Passive Income Real?

    HOT! 
    Passive income is real! But it won't be passive in many of the places you described. A mobile home park is only passive once it is completely filled up with GOOD tenants. Until then, it will require a lot of your time and money. If you buy one that is already filled up, it will probably...
  10. CashFlowDepot

    Short Sales - Faster and Easier?

    REAL ESTATE 
    It may happens sooner than you think-- see this article in the Washington Post Coming Up Short, More And More - washingtonpost.com
  11. CashFlowDepot

    Be Your Own Boss - Take That Job and Shove It

    MARKETPLACE 
    CashFlowDepot Presents a Special Financial Freedom Seminar Join us August 8th – 10th in Las Vegas at the Golden Nugget to discover exactly how EIGHT of Jack Miller’s students made the transition from an unsecure salary to a secure financial future being their own boss. The secret? They...
  12. CashFlowDepot

    Outsourcing

    SOURCING WEB/DIGITAL 
    I understand what you're saying about hiring American workers and I OFTEN outsource projects to Americans BUT the reality is that many of them do sub-standard work compared to other countries. And if America workers want to stay in business, then they need to offer competitive pricing. I...
  13. CashFlowDepot

    Outsourcing

    SOURCING WEB/DIGITAL 
    I've used Elance, Odesk, 99 designs and several other "freelance" type companies. sometimes the work is great and sometimes it is not. It's Hit or miss. What are your favorite reliable sources for outsourcing tasks?
  14. CashFlowDepot

    What would you do?

    REAL ESTATE 
    In this economy, there will not be a fast solution when a tenant loses a job. So, the best you can do is try to get the rent that is due NOW or next month and start making plans that they will move out after that. This gives the tenants a little extra time but you don't have to suffer. If...
  15. CashFlowDepot

    Investing in California IOU's ...An Investor Opportunity?

    PEOPLE 
    Better check with the SEC before you try to make a business out of investing in Ca IOU's see this LA TIMES ARTICLE
  16. CashFlowDepot

    What would you do?

    REAL ESTATE 
    First of all a 10 day notice is waaaayyyy toooo long. I hope that is not in your lease. It should be more like 3 days max. Do you have some work they could do for you to work off this month's rent? Mow yards? Paint a house? They can contact any Salvation Army and get one month of rent paid...
  17. CashFlowDepot

    Lack of Experience & Knowledge of Laws Shows

    REAL ESTATE 
    Russ If they pass a law that I cannot sell with seller financing except every 3 years, i'll stop selling real estate and start selling "personal property" instead - for example, the beneficial interest of a land trust is not real estate. I already use this strategy sometimes. And I've already...
  18. CashFlowDepot

    Investing in California IOU's ...An Investor Opportunity?

    PEOPLE 
    RealOg You're thinking about the OLD rules for bankruptcy The new rules are like the auto makers who filed bankruptcy - the government just said give the keys to the Unions. All bankrupcy laws were thrown out the window. My guess, there will be a government bailout if CA when (not if) it...
  19. CashFlowDepot

    Investing in California IOU's ...An Investor Opportunity?

    PEOPLE 
    If I purchased the CA IOU's, I'd want a huge discount - at least 50% There's a big chance that CA will go bankrupt and if that happens you'd never see a dime. Plus like all governments, they can change the rules in the middle of the game to make it illegal for a 3rd party to cash them in or...
  20. CashFlowDepot

    Lack of Experience & Knowledge of Laws Shows

    REAL ESTATE 
    Russ, read my success story and you'll see how and why the internet side came in to being. My real estate business throws off enough cash flow that I can retire from that alone. But that's no fun! So I still do real estate deals that enhance my cash flow and/or equity position. I also do...
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