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  1. JustAskBenWhy

    Real Estate Investors What Do You Think?

    REAL ESTATE 
    Here's a thread talking about this: click here
  2. JustAskBenWhy

    What's Safer - Flipping Houses or Buying Rentals

    Sounds like you're taking some action! Couple of things: 1. Owner-financing is not only not your only option, but it's likely not the best option either in most cases. Watch this: 2. $10,000 is plenty, as long as you don't rely on it for down-payment. No Money Down will not make you rich, but...
  3. JustAskBenWhy

    Why are people broke ? The answer in one picture

    RANT 
    Right Freaking On !!!
  4. JustAskBenWhy

    What's Safer - Flipping Houses or Buying Rentals

    I recently commented on a conversation here on Fastlane which in so many ways posed the question – which is better, income-producing property or flips? A few thoughts - hopefully some of you some a bit of value here: First of all, to ask whether buy and hold is a better strategy than flipping...
  5. JustAskBenWhy

    Money and Wealth: Zero Sum Game?

    EXECUTION 
    Money supply does not increase, but velocity of money increases. Think of velocity as oil in an ICE - if there's no oil, the entire engine ceases up. The value of fiat currency becomes "real" only when this currency is being used to conduct trade, otherwise currency is worthless. Velocity of...
  6. JustAskBenWhy

    Real Estate Investors What Do You Think?

    REAL ESTATE 
    There are minimum requirements in both strategies relative to safety and ROI. Both are a function of macro and micro economics. Both work, under the right circumstances.
  7. JustAskBenWhy

    How do people become Billionaires in Real estate?

    EXECUTION 
    I spent 4 hours today underwriting 120 some units. Going to call the broker tomorrow. Might make an offer. You know how much it would cost me to get this deal done - $0 :) BTW - @jon.a - give me a call; might be interesting for you.
  8. JustAskBenWhy

    A Word of Caution Regarding Cheap Real Estate

    REAL ESTATE 
    Wow - get comfy - not sure if I've crossed 100 articles on BP blog yet, but got to be up there :)
  9. JustAskBenWhy

    How Do I Write a How-To Book?

    PUBLISHING 
    Don't be a writer - be a leader. Don't write a how to book - write a "this is how I do it, perhaps it can work for you too" book... Hope this helps :)
  10. JustAskBenWhy

    Real Estate Investing: dream or nightmare?

    REAL ESTATE 
    Damned if you do and damned if you done't...lol All I am saying is that management cannot fix issues in a property which inherently attracts trouble, and that's a function of people having to make too many compromises. At the end of the day, we want tenants who have options, and yet they chose...
  11. JustAskBenWhy

    Real Estate Investing: dream or nightmare?

    REAL ESTATE 
    The property you buy, what it is and where it is, does 85% of the qualifying and disqualifying for you so you don't have to :)
  12. JustAskBenWhy

    Is success a process or a destination...?

    MINDSET 
    I was born in Russia when it was still the Soviet Union. I started playing the violin at the age of five... In a smoke-filled room, with my very Russian teacher, the notes were either in tune, or they were not; the phrasing was either exquisite, or it was not; the vibrato was either correct for...
  13. JustAskBenWhy

    Is Chasing Money Your Road Block To Wealth?

    MINDSET 
    Excellent! Thanks for sharing.
  14. JustAskBenWhy

    How do people become Billionaires in Real estate?

    EXECUTION 
    hahah - Thanks indeed! It's like BP is the primary residence, and Fastlane is quickly becoming the often visited lake house :)
  15. JustAskBenWhy

    Money and Wealth: Zero Sum Game?

    EXECUTION 
    You are missing a vital point: If you pay for your life using your money - it's zero sum gain. However, the financially free use other people's money to pay for their life... Think of it this way: You buy insurance - why? To deflect the responsibility to pay for (or cover) a catastrophic...
  16. JustAskBenWhy

    How do people become Billionaires in Real estate?

    EXECUTION 
    OPM - Other People's Money leveraged...there's your answer :)
  17. JustAskBenWhy

    A Word of Caution Regarding Cheap Real Estate

    REAL ESTATE 
    Yep, and there is a name for that - financial obsolescence...:)
  18. JustAskBenWhy

    A Word of Caution Regarding Cheap Real Estate

    REAL ESTATE 
    @Ryan D. - What did that banker tell you last weekend; do I invest in RE?
  19. JustAskBenWhy

    A Word of Caution Regarding Cheap Real Estate

    REAL ESTATE 
    Hmmm. Not sure, but my wife likes depositing those rents...:)
  20. JustAskBenWhy

    A Word of Caution Regarding Cheap Real Estate

    REAL ESTATE 
    Sure - if you do volume and you are your own contractor cheap SFRs make more sense. But, this is not an investment - it's a business for you, and there is a difference. Also, not sure what you mean about rents driving valuation. They do in the commercial/multifamily space, but SFR valuation is...
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