Quotes of the Day
Separate your deposit account from your operating account. Only transfer enough into your operating account to cover that month's budgeted expenses. [2004] - Gary Keller
You bring someone that has the skills that you lack on to your team. That person can be an equity participant in (part owner of) your business, an employee, or an advisor. [2005] - Robert T. Kiyosaki
If you have money readily available, you can take advantage of opportunities, whether it be a distress sale, or a downward market. We can use a line of credit to buy one or multiple properties and use the income accrued from the property monthly to pay back the line and the interest, as long as the numbers work. The line can be unsecured (no collateral) or secured (against your home). I tend to have both types of lines of credit and the secured amount is usually higher. When a line of credit is revolving, it also allows you to pay it back at your leisure so you can pay the interest monthly and then pay back the rest once you are prepared to. [2021] - Shazia Virani
Homes located within 800 meters of public transit stations will appreciate 12-15% more quickly than their market peers. Conversely, values decline more slowly if markets drop. [2013] - Don R. Campbell
Sincere apologies make deposits; repeated apologies interpreted as insincere make withdrawals. [2004] - Stephen R. Covey
