Ignorance might be bliss......but it can also be quite expensive. If you hire a handyman and treat him like an independent contractor, that is, you don't withhold payroll taxes and FICA (social security) from his paychecks. Chances are everything will 'be just fine unless something goes wrong. What … [Read more...]

If you study my investment strategy, you'll learn rather quickly that I insist on having TOTAL CONTROL over my investments. This particularly applies to the financing when I purchase properties. Most older rundown fixer type houses should not require new bank financing. Always try to get sellers to … [Read more...]

I have been sucked in on future value higher potential and pride of ownership many times but I learned my hardest lessons early in my career before I lost the ranch.  If your goals are investing for current income and long term security, with the least amount of daily management involvement, then my … [Read more...]