Another statistic Have you heard it said that 8 out 10 small businesses fail within the first 18 months? I have, and I just thought it was true. As a matter of fact, I went looking for it the other day and was kind of surprised as to what I found. I found that statistic was stated in a Forbes article from 2013. But they gave no data or references to back their findings up. ...
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Walking a mortgage
Walking a mortgage I will never forget that day. I was on my way down to Atlanta to attend Gary Johnston’s Financial Freedom Principle’s seminar. As I was driving, I was listening to another course that featured speakers like Jack Miller, Peter Fortunato, Jimmy Napier and Clyde Wilson. I pulled up to the Financial Freedom event, and I walked in and found Kim Cook, the wonderful...
A Jillian Dollars
A Jillian Dollars Let me ask you a question: What would you do with a jillian dollars? Before I give you my answer, I wanted to tell you a joke. Recently we heard a broadcast come in over the TV that said that six Brazilian workers were injured in a training exercise. My daughter looked up at me with a look of concern and said, “That’s terrible. How many is a Brazilian?” ...
Why you need a bill of sale at closing
Why you need a bill of sale at closing We recently bought a land home deal, which is a mobile home being sold with land. We call it a land home deal because you can buy just the trailer and not the land. This takes place in a mobile community or somewhere else where you own the home but rent the lot it sits on. Buying a mobile home on a rented lot was something we used to do all...
Should you go to a REIA?
Should you go to a REIA? When Ashley and I got started in on our real estate investing journey we had no idea where to go or who to turn to for education — or guidance in general, for that matter. The first course we took was on creative financing. We overpaid, maxing out our credit cards to get the $12,500 class with a big-name investing education company. That $12,500 at a 28%...