Comments on: Making Money?

By: Vik Dulat

Vik Dulat — Sat, 17 Nov 2007 01:53:06 +0000

Flipping houses is a great way to make money but in order to do that, you need money and not everyone has the money.

Having said that, you need to do your research before spending some $$

By: Mike C

Mike C — Fri, 26 Oct 2007 00:17:27 +0000

These are great ways to make money. If you have money you generally always can make money.

By: scoby

scoby — Fri, 10 Aug 2007 12:06:19 +0000

Another great advantage of passive income is breaking the direct connection between the amount earned and the time spent working.

If you can create passive income that doesn’t fill your time 9to5, you can still keep a job if necessary while earning money from your investments.

It may even be possible to hire someone to manage tenants and property problems and using the extra time for more investments in either a JOB or other passive income opportunities.

By: Anthony C

Anthony C — Thu, 12 Jul 2007 17:52:04 +0000

Josh, just getting caught up on my readings of my favorite blogs. In snooping around I found out that you lent Rich Dad Poor Dad by Robert Kiyosaki. In addition to that I just read this wonderful post talking about rental properties.

I read that book and it opened my eyes upto the real estate rental market.

Nice Post!

By: Craig Campbell

Craig Campbell — Thu, 05 Jul 2007 21:02:45 +0000

I’ve done my own bit of due diligence with real estate. My biggest problem is getting over the fear of getting started and making that initial leap into my first property.

By: Roger Anderson

Roger Anderson — Wed, 04 Jul 2007 03:33:57 +0000

Josh,
I have been busy lately and have not visited your blog for about 2 weeks. Love the new header.
The post on raising money was very good too.

This one tells me you don’t want to work hard but you want to have it all. Hard work never hurt anyone who was in shape. Hard work takes different forms. Some is mental, some is physical, but it all requires attention. Thomas Paine once said so, “What we obtain too cheap, we esteem too lightly”

I would say that what you observe does not always reflect the amount of work it took to develop. Property ownership is not always a positive cash deal - fire, weather, and vandalism can be very costly. Consider that your inventory will be in a cash flow negative situation for a few years in most cases.

Still, you are a very focused person and I’m sure you’ll find a way to have a good life. YOu just may have to work at it more than you expect.

By: Make Money With Funds

Make Money With Funds — Tue, 03 Jul 2007 17:56:11 +0000

Rental business brings in a lot of pain, though… If your tenants are bad, you will end up repairing your property now and then… I hate pet owners who dont look after their pets and let them destroy apartment or make the carpet stink big time…