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Search results

  1. K

    I've Read The Millionaire Fastlane!

    GOLD! HOT! 
    I got some new concepts out of the book - thank-you for those. I plan to re-read and make some notes on where to find them in the book. For the second edition, adding an index at the end would be quite helpful.
  2. K

    finding business opportunities

    Chapter 30 - The Commandment of Need, in MJ's new book really shed light on the success/failure of business start ups. So logical, yet so unrecognized by most of society. I have heard about a couple of interesting businesses since reading that chapter: 1. A website that helps consumers lower...
  3. K

    transitioning Rural Development properties into mainstream market

    REAL ESTATE 
    Hi All, Does anyone out there have experience purchasing rental properties that have been in Rural Development programs and transitioning them into the mainstream marketplace? I am interested in purchasing a building that's currently in the Rural Development 515 Program but am concerned...
  4. K

    ditch the bad debt VS. snap up deals

    In this economic climate, with plenty of real estate investment deals to be had, I find myself in a dilemma... In 9 months I will have enough money to pay off the loan on my personal residence. Paying off this loan would leave me debt free and with a healthy monthly cash flow from my job which...
  5. K

    Greetings from Wisconsin

    Thanks for the warm welcome all. The day after posting my intro message I realized that living on a farm and wanting to get out of the rat race may not make sense to folks who live in the city. Here, the commute to work is not exactly a "rat race" in the traditional sense of the term. A slow...
  6. K

    R U anal about bookkeeping?

    A book that you may find useful is "Warren Buffett and the Interpretation of Financial Statements" by Mary Buffett & David Clark, 2008. Even though it is written more from a stock perspective the material applies to all businesses. I learned alot more about financial statements from this $25...
  7. K

    What do you want to be when you grow up?

    "I want to be a hair dresser" (~ age 3). This was later abandoned for "I want to be a cowgirl" (~ age 5). At age 22, I was a ranch hand for a summer - rode horse, checked fence, doctored cattle. It was a great adventure, though it wasn't that lucrative - instead, it was all about doing what...
  8. K

    How willing are you?

    OFF-TOPIC 
    This reminds me of a topic in the book "Good to Great" by Jim Collins. Chapter 6, A Culture of Discipline, discusses how a company that became very successful set their objectives in stone for each year. They could change their plan to reach the goals they had set but the objectives against...
  9. K

    Greetings from Wisconsin

    Hello, I live in rural Wisconsin on a farm, raise a few steers, have a full time job and am interested in getting out of the rat race. I've been thinking about buying some rental property for a while and have done some reading on the topic, both books and online, and have gotten some practice...
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