Extra cash from deals - Posted by Mike

Posted by Sailor on June 14, 2005 at 18:21:07:

It is important to learn to separate your monies so that your investment returns do not get confused w/paying your living expenses. Even tiny amounts can be invested; I used to buy as little as one share of stock @ a time. Your RE payoffs constitute the guarantee of a safe & happy future for you & your family, so if you feel like you need a reward @ the end of a transaction, buy yourself an ice cream cone, not a new car!


Extra cash from deals - Posted by Mike

Posted by Mike on June 14, 2005 at 16:52:43:

What would be the best thing to do with cash that you receive from real estate deals? If you get monthly cash flow from rentals, what is the best thing to do- save up cash so you can buy properties without needed any additional financing? What other options are there besides spending it? Thanks, MIke