Quote:
Originally Posted by MT930
It's tough out there right now, don't ask how I know.
|
Tough for the investors or the little guys trying to get new money?
milt, the suggestion of being a 'broker' or sorts would work. I've considered it many times, but then I worry about the extra work, responsibility, and keeping clients happy. I would certainly not mind passing on extra deductions to investors. Right now, I have so many deductions that my income, on paper, looks quite meek. That looks weak to the bankers, so money isn't easy. I'm faced with either finding money from individuals, or simply keeping things clean until I can swing a new deal once every couple years.
Goal is to buy 3 or 4 more properties and eventually own them free-and-clear. Then, transition to semi-retirement.
Plenty of food in this thread to keep my brain fed for a while. Gonna think long and hard, because I have plenty of time.