RE: http://www.military.com/opinion/0,15202,157942,00.html
Dear Fellow Warriors,

All that sounds really easy as it does on all those TV shows,Buy the book get rich. But I own 5 places and I work only because some of the renters don't pay the rent of that the city of Ft Lauderdale has raised my taxes to $900 month and I'm scared that I'm going to loose all I've worked for for the past ten years. It is not nearly as easy and quick as people claim?
Every time so one told me it was easy I ended you getting the shaft and loosing a bunch of money.
I look at it as a part time job.I feed them whatever it takes and pray that they put in the new gas line thru alaska and I can sell them at a big mark up or at least be able to raise the rent to cover all my expenses,and pay down the mortgage. So I get a better cash flow.
You make you money when you buy a place.

Good luck and if you don't try to do something to help your finianical outlook for your future, nothing changes.
Give it a shot what do you have to loose?Don't quit a half hour before the miricle. It just may work out for you?
May you all be wealthy and happy. Hope that 2008 is the best for all the veterans,
God bless,

Warrant Bro Mike

This is an extremely risky plan. I recommend you go to www.daveramsey.com and get some real solid financial advice for financial freedom and wealth building.

Thanks, for the comments.

Mike, good advice - eveybody must do something or nothing changes.

Rick, Dave Ramsey is a good source for sound financial advice.

Here is my aim - to show warriors all that they are capable of doing in the business and investment worlds - and it is a lot.

Everything begins with research - general research such as Dave Ramsey and Suze Ormand - and then specific advice - which means if you are investing in Fort Lauderdale - learn about property values in that area -

Real estate is a solid long term investment - maybe, you own five properties and then sell one to protect the other four and wait a year until the market stabilizes and then re-invest.

Rick, I agree - if anyone just runs out and buys 6 properties without a lot of recon - this is VERY risky - the key is to buy one property - fix up that property - find a good tenant and then start looking for a second property - take your time based on your research -

If either of you would like a free signed copy of the Military Action Principles, just email me your snail mail address at bill@success.org.

Good luck, Bill