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You've without doubt seen them or examine 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 should do to learn every one of these real estate investing surface encounters chuck russo secrets is to pay a rather high sum for a one-or two-day seminar.




Often these types of slick real estate investing seminars claim that you could make smart, profitable real estate investments with simply no money lower (other than, of program, the large fee you purchase the workshop). Now, how attractive is that? Make a profit from real est investments you made out of no funds. Possible? Not likely.




Successful owning a home requires cash flow. That's the character of almost any business or even investment, especially property investing. You put your hard earned money into something that you hope and plan can make you more money.




Unfortunately too few newbies for the world of property investing believe that it's a magical form of business exactly where standard business rules don't apply. Simply set, if you would like to stay in real estate investing for more than, say, a day or two, then you're going to have to come up with money to use and commit.




While it might be true that buying real estate with absolutely no money down is easy, anyone that is even made a basic owning a home (such as buying their own home) is aware there's much more involved in real estate investing that will set you back money. For example, what about any necessary repairs?




So, the number one rule people not used to real property investing ought to remember is to have obtainable cash stores. Before you determine to actually do any property investing, save some money. Having just a little money inside the bank when you begin real est investing surface encounters chuck russo can help you make more profitable real estate investments in rental properties, for example.




When property investing in rental properties, you'll want to be able to select simply qualified tenants. If you might have no income when property investing within rental qualities, you could be pressured to take a less qualified tenant because you need somebody to pay you money so that you can take attention of maintenance or lawyer fees.




For any kind of real est investing, meaning leasing properties or properties you get to resell, having money reserved can enable you to ask to get a higher price. You can ask for a higher price from your real estate 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 many new to real estate investing is actually, well, greed. Make any profit, yes, but do not become therefore greedy that you ask for ridiculous leasing or resell rates on all of your real property investments.




Those not used to real est investing have to see real estate investing as a business, NOT a hobby. Don't believe that real property investing is going to make you abundant overnight. What business does?




It takes about 6 months to figure out if real-estate investing set for you. If you've decided which, hey I love this, then provide yourself a couple of years to really start making money. It typically takes at minimum five years to get truly productive in property investing.




Persistence may be the key in order to success in property investing. If you've decided that real-estate investing is perfect for you, surface encounters chuck russo keep plugging away at it and the rewards will be greater than you imagined.

It is very difficult to determine the sex of a pigeon. I used to keep pigeons as a kid so I’m good at it.

There are three ways to do it:

1 – Check their reproductive organs

Pigeons genitalia all look the same (they have ‘cloaca‘) so you will have to cut them open to actually see their reproductive organs. Not a very efficient method.

2 – See who goes on top

There isn’t much variation in the sex life of a pigeon. Males go on top. No Kama Sutra here. Fortunately all they do is eat and, ehm, reproduce. You won’t have to wait very long to see that happen. But you do need 2 pigeons and some patience.

3 – Look at their faces

Yes, pigeons have faces just like humans.

It takes years to be able to read the face of a pigeon. I kept pigeons as a kid so I can tell the sex of any pigeon just by looking at their faces for few seconds. Just like with most humans. Humans have the added benefit of clothing, hair and breasts. But even without that a face looks feminine or masculine.

Investors try to look under all those feathers but up close all excel sheets look the same. They try to see who goes on top but then you would have to wait until the entrepreneur meets an actual client.

But once you have met enough starting entrepreneurs one look at someones face is usually enough. You know what you have got and who is a good bet and who isn’t.

Just like with pigeons.

This is a variation of post I published in 2007. Photo credit: Igor Stevanovic via Shutterstock.

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.