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  1. L

    Software development setup you up to fail - RANT

    MINDSET FAILURE 
    It might just be me, but it seems that being a software developer means that you are fighting an uphill battle with regard to being fastlane. Here's how I see it. I've been developing software/services/websites etc for about 16 years now. My profile is consistently in the 5% of viewed...
  2. L

    28 unit deal analysis

    REAL ESTATE 
    What kind of utility rate would you expect to see for this...what is your rule of thumb?
  3. L

    Negotiating a price

    REAL ESTATE 
    AroundTheWorld, I'm curious how you arrived at this number? Has it been your experience that people will even counter an offer that is 33-45% below asking? I would have thought that most folks wouldn't even consider dealing with you? Anyone else have any erperiences around this? Thanks
  4. L

    What constitutes homework?

    REAL ESTATE 
    Much clearer :thumbsup:
  5. L

    What constitutes homework?

    REAL ESTATE 
    Thanks SteveO. I find it interesting that you make a difference between homework and due diligence. Sometimes I hear both terms used almose interchangably. I would appreciate it if you could explain the nuanced difference between the two and how it would relate to finding/buying propery.
  6. L

    What constitutes homework?

    REAL ESTATE 
    I constantly see a lot of "Do your howework" "Due diligence". What do you do to "do YOUR homework"? I assume its more than simply crunching number, though I suspect it starts there? What else do you check? Where do you find your information? I'm sure alot of us noobs would love to learn...
  7. L

    Question: First Steps

    REAL ESTATE 
    When running numbers, how concerned should I be with the list price? The numbers I've been crunching suggest that some of the properties I'm looking at would need a 30% haircut. Is that the experience others have had? Is this a case of the 100:10:1 rule? Also, so far I have been looking in...
  8. L

    Question: First Steps

    REAL ESTATE 
    I'll admit, I chained to my job. I don;t want to be, but I am. I'm 30 with wife and kids. I know it can be done but I'm not sure how to start. I make a good living, but I'm saddled with some bad debt I aquired through college. I am in the process of paying down my debt (cars and credit...
  9. L

    I've been lurking.....

    Ooooooo....lurking. Haha Hi, I stumbled across this site and BOY am I glad that I did. There is so much good advice here and so many great ideas. And best of all, the people here have done what they post about. I am still in the slow lane, but the posts here have my gerbil spinning that...
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