Quotes of the Day

The Personnel Manager or Human Resources office is the employer's friend, not yours. Their basic function is to screen you out, so avoid them if possible. [2013] - Richard N. Bolles

It's nearly impossible to be successful if you buy at retail prices and finance at retail rates. You must show a profit in the first year. For every offer that is accepted, you will have dozens rejected. Some of the best buys we have made have been from sellers who were in difficult financial situations, such as being in the middle of a sticky divorce or trying to dispose of inherited property. Learn your market by making a habit of driving through potential neighborhoods where you may want to invest. You will want to meet with a property manager who knows the area where the property is located and ask how much the property could be rented for if it were in good condition. [2004] - Mike Summey

In any selling environment, there are two basic philosophies, or approaches. The first involves low volume and high profit-margin. The second is the opposite--high volume, low profit-margin. Sellers on eBay have to have better prices than what's out there. To create a successful business with a low profit-margin, it is necessary to sell more product than if you were able to charge retail price. Historically, on eBay, this high-volume-low-margin philosophy tends to be the more successful. If you can purchase your product for below the average eBay selling price, you have margin and you're in business. If not, try to find something else. I recommend a product that will yield a profit margin, is available in large enough quantity, and is "UPS-able". [2005] - Adam Ginsberg

The average investor ends up with a comparatively puny portfolio compared with the disciplined investor who puts in the same amount of money every month into index funds. By adding equal dollar sums to their index each month, the investors would have bought a great number of units when the markets were low and fewer units when the market rose. This allowed them to pay a below-average price over time [2017] - Andrew Hallam

It's a good idea to start looking for a lawyer before you start housing hunting. Seek out lawyers who specialize in real estate. Interview two to three lawyers. [2017] - Sean Cooper