Comments on: Building Wealth on the Side http://www.fliprent.com/2008/05/30/building-wealth-on-the-side/ Let's talk house flipping, real estate investing, trading and taxes all in one place. Sat, 19 May 2012 21:29:03 +0000 http://wordpress.org/?v=2.3.2 By: fliprent http://www.fliprent.com/2008/05/30/building-wealth-on-the-side/#comment-135 fliprent Tue, 17 Jun 2008 18:33:17 +0000 http://www.fliprent.com/2008/05/30/building-wealth-on-the-side/#comment-135 I can agree to that to a degree. Let’s not forget the Donald filed for bankruptcy and look where he is today. I would definitely suggest diversifying your investments however. I can agree to that to a degree. Let’s not forget the Donald filed for bankruptcy and look where he is today. I would definitely suggest diversifying your investments however.

]]> By: i love condos http://www.fliprent.com/2008/05/30/building-wealth-on-the-side/#comment-134 i love condos Tue, 17 Jun 2008 17:53:09 +0000 http://www.fliprent.com/2008/05/30/building-wealth-on-the-side/#comment-134 Investing in real estate can mean bigger pockets or bankruptcy. Unless you have a nice padding in your bank account don't put all you eggs in one basket. Investing in real estate can mean bigger pockets or bankruptcy. Unless you have a nice padding in your bank account don’t put all you eggs in one basket.

]]> By: jp moses | REI Tips http://www.fliprent.com/2008/05/30/building-wealth-on-the-side/#comment-125 jp moses | REI Tips Mon, 09 Jun 2008 16:18:40 +0000 http://www.fliprent.com/2008/05/30/building-wealth-on-the-side/#comment-125 I started and ran our local REIA group for 6 years and I got this question all the time. You're right on the money. Start in the margins and don't go full time until you've got a track record of profits that surpass your job income. I've seen way too many investors jump head first into being a full timer after one or two decent deals. It often ends in a heart breaking nightmare. ...jp I started and ran our local REIA group for 6 years and I got this question all the time. You’re right on the money. Start in the margins and don’t go full time until you’ve got a track record of profits that surpass your job income.

I’ve seen way too many investors jump head first into being a full timer after one or two decent deals. It often ends in a heart breaking nightmare.

…jp

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