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You've without doubt seen them or read them. Glossy ads or four-color propagates in publications and newspapers promising to instruct you all of the juicy information regarding successful real-estate investing. And all you have to do to learn all these real property investing surface encounters chuck russo secrets is to pay a rather high sum for a one-or two-day seminar.




Often these kinds of slick real estate investing seminars claim that you can make wise, profitable real-estate investments with absolutely no money lower (with the exception of, of course, the significant fee you pay for the seminar). Now, how interesting is in which? Make a make money from real est investments you created using no funds. Possible? Not most likely.




Successful investment requires cash flow. That's the nature of almost any business or perhaps investment, especially property investing. You put your money into a thing that you desire and plan can make you more income.




Unfortunately not enough newbies towards the world of property investing think that it's any magical type of business exactly where standard business rules do not apply. Simply put, if you want to stay in real estate investing for more than, say, a day or 2, then you are going to have to create money to use and make investments.




While it might be true in which buying real estate with absolutely no money down is straightforward, anyone who's even made a basic investment (like buying their very own home) understands there's much more involved in real-estate investing that can cost you money. For illustration, what concerning any necessary repairs?




So, the primary rule people not used to real property investing ought to remember would be to have available cash reserves. Before you determine to actually carry out any real estate investing, save some funds. Having slightly money in the bank once you begin real estate investing surface encounters chuck russo can help you make more profitable real estate investments in rental properties, for example.




When real estate investing in rental attributes, you'll want to be able to select simply qualified tenants. If you've no cashflow when property investing within rental properties, you might be pressured to take in a less qualified tenant as you need somebody to pay you money so that you can take care of maintenance or attorney fees.




For any kind of real estate investing, meaning leasing properties or perhaps properties you purchase to resell, having money reserved can enable you to ask for a higher cost. You can ask for a higher price out of your investment because a person surface encounters chuck russo won't feel financially strapped as you wait for an offer. You won't be backed into a corner and forced to accept just any offer because you desperately need the money.




Another downfall of several new to real estate investing will be, well, greed. Make the profit, yes, but will not become therefore greedy that you ask for ridiculous local rental or second-hand rates on all of your real estate investments.




Those not used to real est investing have to see real-estate investing being a business, NOT a spare time activity. Don't think that real property investing is going to make you wealthy overnight. What enterprise does?




It takes about 6 months to decide if real estate investing in for you. If you might have decided in which, hey I enjoy this, then give yourself a few years to actually start earning money. It often takes at minimum five years to become truly successful in real-estate investing.




Persistence is the key in order to success in real estate investing. If you might have decided that real estate investing is made for you, surface encounters chuck russo keep plugging away at it and the rewards will be greater than you imagined.











Warren Buffett just announced that he's making a landmark investment, $5 billion, in Bank of America.

Bank of America was facing a free-falling stock price and a number of criticisms, including that it did not have enough capital, and that its assets were not worth what it claimed.

Now thanks to Buffett, that will certainly change.

When similar investments were made in Citi and in Goldman Sachs, by Prince Alwaleed and Warren Buffett, in 1990 and 2008, respectively, the stocks experienced long term gains. 

And get this - he says he dreamt up the idea to invest in Bank of America in the bathtub on Tuesday. He liked it, so he called Moynihan on Wednesday morning. The entire story of how it happened is available in a video embedded below, as told to Becky Quick by Buffett.

The story (and the mental image) is amusing but also important - it suggests that the Obama Administration and/or the Treasury, did not have a hand in the agreement.

And to make it very clear that Treasury or Obama had no hand in the arrangement, which makes the news even better for Bank of America.

So does this - the deal is expensive for Buffett, and a good deal for Bank of America. He says in some ways, it's better than the deal he gave to Goldman Sachs in 2008.

But obviously, it's a great deal for Buffett.

Buffett's investment alone is now worth $700 million more than it was when he bought it.

(h/t Heather at VideoCafe)

It is a truism rarely acknowledged in this country: the single most important infrastructure investment we can make for the future is in education. I'm not talking about retrofitting the buildings or constructing more classrooms. No, we provide for the future by educating our young people, preparing them to become productive members of society. Study after study shows that the higher one's education level is, the higher the median income and the less likely one is to suffer unemployment.

But we're not doing that. No, in these austerity times, politicians clamor to cut services and jobs. Teachers are demonized. Vouchers are touted as the answer, when it's simply a way to privatize profits away from public schools. Hell, some GOP would be happy if we eliminate the Department of Education altogether.

A rare and welcome progressive appearance on the Sunday shows, Rep. Maxine Waters bemoans the disconnect between what politicians say we need to focus on and what they're really doing about it:

To tell you the truth, the plight of education in this country is shameful. Just a few days ago I learned that more cities, more states are reducing the number of education days down to four instead of five. And I could not help but stop and think, "Is this America? Is this the country that said and continues to say that education is a top priority?" Why are we not investing more in education? Why do we have dropouts? Why do we have educational systems that are failing? Why is it that we have a situation where many of our young people will not be able to compete in this high technological society because they're not properly educated? And so, no, we do pay lip service to education. We don't really invest in it, and that's got to change. But let me just say this, Americans want to work. This joblessness is not only hitting the middle class, but it is hitting all classes. It is absolutely unconscionable what is happening in the minority communities. When we look at this no jobs haven't been created in August and we find in the African-American community it has increased from 16 percent, 15.9, 16 percent, up now 16.7 percent, and now we're going to talk about cutting government by $1.5 trillion, this new 12 committee membership that we have after the raising the debt ceiling debate? And that means that we're going to lose more jobs, that means more people are going to be unemployed. The African-American rate will probably go up to about 20 percent. I don't know how our country can sustain that kind of...

Of course, David Gregory interrupts her at this point, because Lord know, the plight of the African American community doesn't concern him. But then again, he has the gall to say that we only play lip service to the importance of education. You know, the same guy who only pays lip service to journalism and who spent the better part of the last two years telling his viewers that Americans cared about the deficit when poll after poll proved him a lying hack with a corporate agenda.