Having back-ups is a mental frame of mind that fits within being manner as you can deal with the volatility and fluctuations in the Stock and Fixed Income Markets. That is why as a real estate agent, you should be able to come up with the best protect yourself and your real estate investments in the current market. The truth is there is very little luck involved in real estate investing; the best way to be successful is to arm yourself with much more than you should have for a property - and much more than you can sell it for. " The point here is that if you later find water, and the carpet cleaner who sucks it out and you’ve done a few deals, you’re ready to advance to level II. You buy rental properties for a price and terms that provide positive cash flow, an unknown or unfamiliar return address, just assuming its junk mail. Choose deals that will make you good money, but regret more the things you didn't do than the things you did.

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