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  1. EasyMoney_in_NC

    Real Estate: What's Your Style?

    REAL ESTATE 
    As a previous RE agent, I would say the opposite. Not sure about your state's rules of conduct but here we have an ethics code that requires licensees to have to make a seller aware of a property's true market value as part of full disclosure. If you want to buy (steal or get great deals)...
  2. EasyMoney_in_NC

    I hate when people say this!

    MINDSET 
    I'm impressed that at 17, you recognize. Bravo, you'll go far!
  3. EasyMoney_in_NC

    Real Estate: What's Your Style?

    REAL ESTATE 
    Nate, Hatterasguy is absolutely right. I would also respectfully add that you should really spend some serious time learning all that you can about RE. It's very local so what style people take should mean nothing to you, doesn't matter if it won't fly in your area. There are basics to learn and...
  4. EasyMoney_in_NC

    Sports car/Exotics rentals

    PEOPLE 
    You'd be better served turning that Boxster into a track car, and renting it to newbies getting into driver's ed events for $1500 a weekend. Be prepared for trackside maintenance though. Your contract would have damage riders in place and with green group newbies, not likely the car would get...
  5. EasyMoney_in_NC

    Take the Leap

    MINDSET 
    That's a great brief story! Takes real balls to do what you've done. Bravo! Just keep focused, it gets real tough some times. Best of luck to you!
  6. EasyMoney_in_NC

    I hate when people say this!

    MINDSET 
    I'd like to represent that I'm not Asian, nor do I play one on TV. I also did not attend college. I found something that made me money (well a couple of things), went hog wild for five years or so. Now I have everything I need and then some. I'm not a multi millionaire or anything, but I'm very...
  7. EasyMoney_in_NC

    I have an idea for a car part has to do with high end car parts

    IDEA 
    Depends on the part and what it's made of. I had a hobby business that I started with a friend in the auto repair business. We (more like he) made sport exhaust systems for Porsche 993's(1995-1998 911). We did it for 4 years and had a great time doing it and made money too. Typically there...
  8. EasyMoney_in_NC

    How do you charge for long term property rentals?

    REAL ESTATE 
    I charge a SD equal to the monthly rent. If I have to prorate a month (they move in mid month) I collect that before they move in (rent divided by a 30 day multiplier no matter the month). If they move in within the last 10 days of the month I also collect the next months rent too. On top of...
  9. EasyMoney_in_NC

    Buying personal property

    Call your local Salvation Army. They'll send a truck by and unload the house for you. Take a good inventory of what's removed and then take it as a nice write off. You would have technically paid for it in the sale, so why not either use it as a basis reducer or a nice tax break..... You're...
  10. EasyMoney_in_NC

    2009 Dow Jones Industrials

    INVESTING 
    Shows how much I'm paying attention, I thought this was a poll for this year 2010 :D Having said that, my vote (DOW 6500 or less) will stand for this year. I think the second wave of foreclosures is going to hit hard, the BS the networks perpetrate about how companies are "actually showing...
  11. EasyMoney_in_NC

    So.... you know what's going on. Now, what to do?

    REAL ESTATE 
    I don't think the pain is over in the RE market yet. There is still supposed to be a second wave of mortgages that will reset (ARM's) that will cause the second foreclosure wave and further price reductions. Personally I don't think now is the time to buy, we haven't seen the end. The bottom...
  12. EasyMoney_in_NC

    Thanks :)

    Thanks :)
  13. EasyMoney_in_NC

    So.... you know what's going on. Now, what to do?

    REAL ESTATE 
    edit to last nights post above ^^^^^^^^
  14. EasyMoney_in_NC

    So.... you know what's going on. Now, what to do?

    REAL ESTATE 
    Would love to but its on my lift waiting for me to finish replacing its wheel bearings up front. And I've not been motivated to continue my 914 project car so its up in the air next to the 993:bgh: Need to get out of my funk and get back to focusing on motivating myself to kick A and take...
  15. EasyMoney_in_NC

    Buying a Gas Station

    Ah was just up in W.S. the other day. Sounds like a winner if the customer base will support it. GL with it!
  16. EasyMoney_in_NC

    Buying a Gas Station

    Not sure where you are, but if commercial (especially rural) is anything like residential around here, they'll be lucky to get 10 year ago pricing. Offer them what they paid and go from there. Make sure to get a stage one enviro test on the ground around the tanks (runs 2k +/-) for contamination...
  17. EasyMoney_in_NC

    So.... you know what's going on. Now, what to do?

    REAL ESTATE 
    Considering that most of my "Net Worth" is in Real Estate, and may not even be REAL... Tough to swallow that everything I've worked to build in the last 10 years may be a mirage..... Man, if that doesn't sum things up, I don't know what does. My gravy train is over too. Have 2 that I've been...
  18. EasyMoney_in_NC

    Look into the future....What do you see?

    Interesting post, I've often pondered the same thing. I agree that technology is going to change our business and RE landscape. Look how the music industry has changed, used to be a big "box" music store on every corner, now they're all gone due to digital technologies, no one (minor...
  19. EasyMoney_in_NC

    CC Fees Coming - Even For Good Customers

    And here I thought they made money by banging those that don't pay it off each month, for 29.99% interest or more?
  20. EasyMoney_in_NC

    Preparing for the next housing decline

    REAL ESTATE 
    I'm late to this party, but if you'll appease me, I'll add my .002 cents. When I was a kid, my parents wanted me to go to college, get a great education and find a career that would allow me to do as my father did which was to stay with a company for life and retire with the pension etc...
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