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  1. imirza

    Warren Buffet swimming naked ?

    INVESTING 
    "It's only when the tide goes out that you learn who's been swimming naked." -- Warren Buffett The cost of protecting against default by Warren Buffett’s Berkshire Hathaway Inc. soared to record levels more typical of junk-rated companies amid concern the firm faces losses on derivatives...
  2. imirza

    Analyse this Multi family Deal

    REAL ESTATE 
    66 unit multi family . 65 1 bedrooms 1 2 bedroom. Class C building located in an area that was once dangerous(gangs, drugs, murders) but is now being turned around. So its still a not so good blue collar area but its no where as bad as it was a few years back. In the next 5 yrs there will be...
  3. imirza

    Financing Question

    REAL ESTATE 
    My partner and I have found a multi family property we want to rehab. Total cost including acquisition and rehab will be around $180k. Once we are done this property will appraise for $250k or more. We are planning on doing the acquisition and rehab using our money. Once we are done with the...
  4. imirza

    The Crash Course

    This is a must see for anyone interested in getting a better understanding of our current financial crisis and what the future may hold. The Crash Course | Chris Martenson
  5. imirza

    Update from HF Manager with 866% return

    EXECUTION 
    This is a classic. "Today I write not to gloat. Given the pain that nearly everyone is experiencing, that would be entirely inappropriate. Nor am I writing to make further predictions, as most of my forecasts in previous letters have unfolded or are in the process of unfolding. Instead, I am...
  6. imirza

    Nigerian E-mail scam

    FUNNY 
    Dear American: I need to ask you to support an urgent secret business relationship with a transfer of funds of great magnitude. I am Ministry of the Treasury of the Republic of America. My country has had crisis that has caused the need for large transfer of funds of 800 billion dollars US...
  7. imirza

    How to blow $70 mil in 2 years

    EXECUTION 
    Scott Storch's Outrageous Fortune : Rolling Stone "He's in a red T-shirt, jeans and multihued Nike Air Force Ones, and he's glistening like the morning dew because of an obscene amount of jewelry, including a thirty-four-carat yellow-diamond ring worth $3 million, a thirteen-carat white-diamond...
  8. imirza

    Nice article about a Japanese dotcom billionaire

    EXECUTION 
    Hiroshi Mikitani conquered Japan's online shopping. He's decided he won't stop there. Hiroshi Mikitani was supposed to retire soon, all of age 43, to enjoy a private jet and watch his Japanese baseball team, the Rakuten Eagles, and the pro soccer team he sponsors in his hometown, Kobe.
  9. imirza

    Yachts as an investment

    I was reading a recent issue of Robb Report premier travel issue and was looking at some of their featured vacations. What caught my eye was the lease rates a luxury yacht can command. $500,000/week in one instance for a 250 ft. yacht in the Mediterranean. A luxury yacht like this can be picked...
  10. imirza

    Fix N Flip using a partner question

    REAL ESTATE 
    I was wondering if anyone could offer some advice on the following situation. There is an experienced rehab/real estate guy that I know who fixes and flips properties. He has a fairly good track record doing atleast 1 a month. We are currently negotiating an arrangement where I provide him...
  11. imirza

    Nice article about the Super-Rich

    They're the new elite, whose vast wealth is changing the social fabric of Britain. Yet to most of us, the super-rich remain a mystery. Just how different are their lives to ours? Are they happy? And how would they feel if they lost it all tomorrow? Here, seven tycoons tell all...
  12. imirza

    A Creative Way to Make Money

    For all you Fastlaners. Here is a creative way to make money . :smxB:
  13. imirza

    Inspirational Video

    OFF-TOPIC 
    http://www.youtube.com/watch?v=mg8cYR9Y_hQ
  14. imirza

    Need Feedback for different payment models

    WEB/DIGITAL 
    I was hoping for some feedback with different internet payment models Lets say there is a website that that brings together providers of a service and people who need this service. The service providers list there services for free and those looking for services can also search for free. The...
  15. imirza

    What SSL do you use ?

    WEB/DIGITAL 
    To all you EBiz owners, What Secure Sockets Layer (SSL) technology certificate do you recommend ? Should you be buying based on price (ie buy the cheapest one you can find) or does it make a difference ? Is it important to have even have SSL (if you plan on having customers pay...
  16. imirza

    A neat tool for analyzing stocks

    INVESTING 
    I use this tool to run analysis on stocks. You plug in the earnings per share for the company for the last 12 months and estimate its future growth rate and get the stocks intrinsic value. Using this tool I analyzed GOOG using growth rates of 20,18, and 15(which I believe are fairly...
  17. imirza

    Good source for Trustee Sales

    REAL ESTATE 
    http://www.ctcres.com/index.aspx
  18. imirza

    Grant Deed Property

    Here is an interesting scenario. Owner of the home Mr. X grant deeds his property over to Mr. Y. Mortgage on property is still in Mr. Xs name. Mr. X stops making payments and leaves town. Mr. Y has his name on title of property. Bank comes along and forecloses on property. Questions 1...
  19. imirza

    Acquiring Seasoned Corp / LLC

    Can anyone please give me some information on acquiring a seasoned/shelf corp or LLC. I am looking for a reputable source that can help me acquire a shelf corp. Another question I had was whether it is legal to acquire a shelf corp and get lines of credit for it ? Someone I spoke to told me it...
  20. imirza

    Build Your Own Personal 'Board of Directors'

    I normally think most Yahoo Personal Finance articles are 'slow lane' but this one was pretty good. http://finance.yahoo.com/expert/article/leadership/69883;_ylt=AirmWJoxMBbVKVLgiV00tVW7YWsA I think one of the quickest routes to the Fastlane is to build a trusted group of advisors from...

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