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When government says you can't do it, it's kinda hard to argue.
You sound quite used to convincing yourself success is impossible, so just keep on flipping those burgers while those with better attitudes and more drive pass you buy, then order them from you.
The downturn in Real Estate didn't translate into a negative for me... all the property has to cash flow... so as long as the income stream remains... things are good.
I'm glad to hear that mantra works in the real world. When I was looking for my rental property I had to keep running the numbers to make sure it would cash flow. During this downturn, the rental rates have increased and has actually increased my cash flow. When I was researching it made sense, but now it's good to see it in actual application.
Which is why renting sucks and renters never get ahead financially.
Others have fielded this comment and I'll add on to the dog pile. This is hogwash. There isn't any correlation to renting and "never get ahead financially." One of my good friends has been a renter all his life. He's made some bad decisions early on and actually filed for bankruptcy. He got his act together and is out of debt, contributing to a 401k and has money in the bank. Like me, he does not have a college degree but that has not stopped him from getting good paying jobs. We both worked at McDonald's as burger flippers too.
So this constant victim mentality is nothing more of a smokescreen.
You sound quite used to convincing yourself success is impossible, so just keep on flipping those burgers while those with better attitudes and more drive pass you buy, then order them from you.
Sorry, but I have no illusions that I can change government. But I can probably come up with alternative ideas.
I'm glad to hear that mantra works in the real world. When I was looking for my rental property I had to keep running the numbers to make sure it would cash flow. During this downturn, the rental rates have increased and has actually increased my cash flow. When I was researching it made sense, but now it's good to see it in actual application.
The economy is busted and cash flow is booming. Is this a great country or what?
I think we spent enough time on the tales of poor freemkt.
Lets turn our attention back to planning our retirements more successfuly.
The bottom line is if you think you can not then you never will.
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