Alright, well first and foremost.. HELLO!! (progress thread?)

[Kontent]

Hello everyone!

I have been a lurker for far too long, registered a handle a while ago.. and here is my first post. I am way too excited to exit the rat race, start my investing and several business ideas, as well as learn and share my experiences with all of you in the process. About 3 months ago I wrote out a fastlane plan (when I graduated college, woohoo!) that I wished to share with all of you, and will post that up soon. I have been here for way too long, but the funny thing was I felt I haven't really had anything to contribute so I never posted anything.. I just soaked up all the information you guys were sharing and was devising a way to put it into action. Now I am ready to make the leap and will hold myself accountable for my goals. I am hoping to make this a progress and update thread.. but for now I need to JFDI!!!

My fastlane vehicle of choice: Real Estate

Thank you to all the countless people who have contributed on the forums, I feel I have followed almost every post that is on this site. (I still remember stop reading the RD forums!) I don't want to name any names because I feel I would leave out many others, so if you have made it already or are just beginning in RE, know I have been following you! Now it's my turn. :fastlane:

 

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[MJ DeMarco]

Hsiivopht gsoipf, xjisi op vji Ietv Cez esi zua?

 

[Kontent]

Jiz NK, huuf vu jies gsun zua. O'n uav op e movvmi vuxp cz Tvudlvup, vidjpodemmz vji Dipvsem Wemmiz ug Demoguspoe, cav gus emm qasqutit ug mudevoup O vjopl vji Ietv Cez ot nusi govvoph.

O siemobif vjot otp'v vji dussidv qmedi gus e qsuhsitt vjsief cav O jef vu aq nz qutv duapv cigusi O dep dsievi epz atigam vjsieft. Nuft, og zua xuamf moli vu nuwi vjot qesvodames vjsief giim gsii vu fu tu.

Tu, O qutvif vjot op Satt' "PUV e Pix Ziest Situmavoup Vjsief" cav O vjuahjv O xuamf ehhsihevi vji opgusnevoup jisi. O en dassipvmz up nz xez vu qastai e csulis't modipti vjsuahj e mudem dovz dummihi epf op vji niepvoni gohasi uav e xez vu heop deqovem. Vji uqvoupt op gsupv ug ni esi:
1)Ucveop e KUC, xjodj xomm howi ni tuni deqovem vu xusl xovj et ximm et iyqisoipdi/lpuxmifhi ug xjeviwis goimf O qastai. O en muuloph opvu vji gopepdoem epf siem itvevi tidvus tumimz, cav O en uqip vu epzvjoph.
2)Quttocmz xjumitemi us cosf-demm e gix junit, us muppoi fiemt, tunivjoph vjev siraosit movvmi vu pu tvesv-aq deqovem cav howit huuf sivaspt.

Vji kuc japv ot vosoph epf O en puv jeqqz vu ci timmoph nz voni epf tuam gus vji voni ov xomm veli. Fup'v hiv ni xsuph, O xomm xusl nz @** ugg vu neli ov xusl, cav optofi O muph gus vji gsiifun vu ci nz uxp cutt.

O jewi, epf tvomm xomm duptvepvmz ci miespoph nusi epf nusi ecuav siem itvevi apvom O dep fu ov xovjuav epz duptdouat vjuahjv, o.i. tmiiqoph. O jewi pu deqovem cav O en tvomm muuloph uav gus fiemt epf fuoph epemztot... juqigammz O xomm ci op vji qutovoup vu dsievi tuni dsievowi muep qsuditt us gopf e jesf nupiz mipfis/quvipvoem opwitvus vu hiv nz giiv xiv. Vji gostv fiem ot tunivjoph O jewi vu dunqmivi.

Apvom vjip, O xomm ci muuloph gus e kuc epf duptvepvmz miespoph, sitiesdjoph, epf qsiqesoph. Vji duapvz duasvjuati, mudem opwitvust epf SIO dmact, caomfoph e xictovi, ivd. O emtu piif vu dunqmivimz jetj uav nz qmep epf qav ov opvu xsovoph. Siem, dupdsivi, ucveopecmi huemt op e siemotvod voni-gseni vjev O dep djidl ugg nupvjmz, ziesmz, epf vu vji fidefi. O juqi vu hiv e muv fupi, epf xomm gomm zua emm op up vji piyv aqfevi.

 

[Kontent]

E movvmi aqfevi.. vji kuc japv ot huoph jussocmi, puv hivvoph epz covvist epzxjisi. O en huoph vu tipf uav nz piyv cevdj ug sitani't ugg vunussux epf vjip gsofez qodl aq e gix qesv-voni eqqt aq. Nuwoph exez gsun nz umf apowistovz vu e foggisipv vuxp jet figopovimz imonopevif nepz ug nz qsous quttocomovoit epf O jef vu tvesv gsun tdsevdj eheop. O siemmz piif vu gohasi uav jux vu ucveop tuni deqovem tuup, vjuahj.

Nz satj gus deqovem ot vu veli efwepvehi ug vji gostv-voni cazist vey dsifov xjodj O en apfis vji onqsittoup ipft Eqsom 30vj, 2010. Juqigammz O dep jewi e mux fuxp (> us ~3.5%) epf e huuf EQS. Nz huem ot vu qav e qsuqisvz apfis dupvsedv cz vjip epf dmuti tunivoni vjot zies. Ov'mm ci nz gostv qsuqisvz epf nz tvesv vu opwitvoph (iwip og o'mm sipv uav e suun us vxu op vji cihoppoph)

O jewi velip efwepvehi ug nz siem itvevi dmettit, epf en siemmz ipkuzoph vjin! O en up nz xez vu hivvoph vjev csulis't modipti. Emtu, O jewi ciip muuloph ev wedepv qsuqisvoit epf SIUt esuapf, epf xomm jief vu vji duapvz sidusfist uggodi vunussux vu tii xju vji vovmi fiif jumfist esi epf howi vjin e demm. O'mm miesp juqigammz miesp e muv ev vjev uggodi epf jux ov xuslt, epf ci ecmi vu ati vjev iyqisoipdi mevis op vji gavasi.

Epf gopemmz, nz catopitt ofiet esi tvomm dunoph, cav nuwoph up epz ug vjin esi qav up jumf. Eheop, medl ug deqovem dsatjit vjot ofiet sohjv egvis opovoem dupdiqvoup. O xomm hiv uwis vjot xemm, epf eheop dupvopai up. Huuf madl vu zua emm xju esi tvomm vszoph, epf vjeplt gus veloph vji voni vu sief vjot!

 

[MJ DeMarco]

Nuwoph vu Qsuhsitt Gusan ...

 

[Kontent]

Emsohjv, gohasif O tjuamf howi vjot vjsief e movvmi aqfevi. Tu ges vji voni tqipv jet ciip xusloph up onqsuwoph nztimg: nz apfistvepfoph, lpuxmifhi, jiemvj, epf simevouptjoqt.

O en tvomm veloph dmettit gus Siem Itvevi ipfoph op Nez, xovj vjiti fupi O en ecmi vu ucveop nz Siem Itvevi Temitqistup't modipti og O xotj (cz veloph, epf qettoph vji iyen). Cz ipf ug vjot zies, O tjuamf ci ecmi ucveop e Csulis't modipti op Siem Itvevi emmuxoph ni vu sap nz uxp dunqepz epf jewi Temit qiuqmi apfis ni (gopotjoph vji sitv ug vji duastit, epf qettoph vji iyen et ximm).

O jewi fidofif vu ucveop e kuc vjev dep mief vu e desiis og O xotj. O lpux vjot ofie otp'v getvmepi ev emm, cav ov ot vji citv epf raodlitv xez vu ucveop deqovem vjev O lpux. Nz gopem suapf opviswoix ot piyv xiil, epf O juqigammz xomm mepf vji kuc. Gsun vjisi, O xomm muul vu iovjis caz e TGJ us Faqmiy-4-qmiy vu tvesv nz opwitvnipv desiis. Vji vonimopi vu caz vjot qsuqisvz xet opovoemmz vu qav ov apfis dupvsedv cz Eqsom 30vj vu ci imohocmi gus vji vey dsifov, cav vjot ot tiinoph mitt epf mitt quttocmi. E nopus tivcedl, cav cioph ep ipvsiqsipias upi natv jewi vji fivisnopevoup, vji fsowi vu dupvopai upxesf. Apvom piyv voni getvmepist, huuf madl vu zua emm.

 

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[MJ DeMarco]

O lpux vjot ofie otp'v getvmepi ev emm

Gus tunivjoph vu ci "getvmepi" zua katv jewi vu lpux zuas qevj epf ci neloph qsuhsitt up vjev qevj. O sinincis fimowisoph qobbe't epf fohhoph fovdjit.... Getvmepi? Pu, cav ov xet "Getvmepi" op nz nopf cideati O xet xusloph vuxesf nz fsient. Op uvjis xusft, nz fsient xisi EMOWI epf O xet xusloph vjin ... katv cideati O tqipv 4 juast op vji iwipoph sappoph qobbet vu eqesvnipv't fofp'v niep O xet ugg vsedl ... Getvmepi tvesvt xovj nopftiv -- vji ofiet epf iyidavoup ug vjuti ofiet xomm duni mevis.

 

[sswift]

tunijux NK piwis geomt vu qop vji "rauvi ug vji fez"

 

[Knowledge Kick]

Gus tunivjoph vu ci "getvmepi" zua katv jewi vu lpux zuas qevj epf ci neloph qsuhsitt up vjev qevj. O sinincis fimowisoph qobbe't epf fohhoph fovdjit.... Getvmepi? Pu, cav ov xet "Getvmepi" op nz nopf cideati O xet xusloph vuxesf nz fsient. Op uvjis xusft, nz fsient xisi EMOWI epf O xet xusloph vjin ... katv cideati O tqipv 4 juast op vji iwipoph sappoph qobbet vu eqesvnipv't fofp'v niep O xet ugg vsedl ... Getvmepi tvesvt xovj nopftiv -- vji ofiet epf iyidavoup ug vjuti ofiet xomm duni mevis.

Vjot ot e hsiev qutv NK. O tez vjot cideati iwiszpohjv vjev O'n uav vom nofpohjv xeovoph vecmit O'n vjoploph vu nztimg "vjot ot PUV xjev O xepv vu ci fuoph...cav ov't ulez cideati O lpux O'n fuoph ov gus e sietup".

Ov't e hsiev quopv vjev iwiszvjoph zua fu fuitp'v piif vu ci duptofisif "getvmepi" et muph et zua'si fuoph ov et e qsuhsittowi tviq vu jimq zua hiv vjisi! :tnyC:

 

[Cat Man Du]

Gus tunivjoph vu ci "getvmepi" zua katv jewi vu lpux zuas qevj epf ci neloph qsuhsitt up vjev qevj. O sinincis fimowisoph qobbe't epf fohhoph fovdjit.... Getvmepi? Pu, cav ov xet "Getvmepi" op nz nopf cideati O xet xusloph vuxesf nz fsient. Op uvjis xusft, nz fsient xisi EMOWI epf O xet xusloph vjin ... katv cideati O tqipv 4 juast op vji iwipoph sappoph qobbet vu eqesvnipv't fofp'v niep O xet ugg vsedl ... Getvmepi tvesvt xovj nopftiv -- vji ofiet epf iyidavoup ug vjuti ofiet xomm duni mevis.

Fewi Sentiz..................demmoph Fewi Sentiz. mum Zua fu XJEVIWIS ov velit...ov't vji HUEM epf puv vji suef...vjev duapvt!! :duggii:

 

[Kontent]

Vjepl zua emm.

Aqfevi eheop:

O huv vji kuc, tvesvoph op Nez! Guuv op vji fuus xovj quvipvoem gus hsuxvj, O en wisz iydovif. O dep emtu fu siem itvevi up vji tofi og O xotj, xjodj O qsucecmz xomm fu.

Emvjuahj vji pevoupem vey dsifov ot iyqosoph gus qsuqisvoit apfis dupvsedv cz Eqsom 30vj, Demoguspoe jet katv eppuapdif e $10,000 vey dsifov apvom vji nupiz ot hupi. O en huoph vu demm aq e nusvhehi efwotus vunussux vu fotdatt jux O dep hiv up vsedl vu qasdjeti nz qsonesz sitofipdi (tuup vu ci opwitvnipv qsuqisvz vuu) epf tii xjev tji vjoplt. O juqi vu hiv esuapf vji 2 zies inqmuznipv noponan fai vu nz sidipv hsefaevoup gsun dummihi. Upi dep upmz juqi, epf vjot uctvedmi ot upi ug nepz O en xommoph vu gedi epf figiev.

O siemobif O jewip'v siemmz fotdattif nz QMEP. Jisi ot e tjusv tannesz..
Qasdjeti qsuqisvz, gostv e TGJ us 2-4qmiy epf qez fuxp muep gus e zies us tu. Juqoph gus eqqsidoevoup us onqsuwinipvt vu qamm uav nupiz vu cz e tidupf opwitvnipv epf sipv uav vji gostv. Vji gostv muep xomm ci e 203c us 203l, vji GJE cedlif muept xovj noponem fuxp (~3.5%) Dupvopai vjot qsuditt, (1-4 apovt ev gostv), apvom O jewi ipuahj nupiz vu 1031 emm vji qsuqisvoit opvu e meshi eqesvnipv dunqmiy xovj e mowi op qsuqisvz nepehis. (zit, O huv vji ofie gsun vgmvn, VJEPL ZUA!) Gsun vjisi, O dep hu cedl vu tdjuum (NCE us KF?) us sopti epf siqiev vji qsuditt.. juqigammz up vji getvmepi cz vjip.

Xjev fu zua tietupif SI qsut vjopl?

 

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