To get your day off to a good start, I have to tell you a short story. A few weeks ago a reader wrote an email telling me how sad he was over not having any of his deals click. He was really “down in the mouth.” To cheer him up I called him and […]
MANY BWBS SEEK TO BORROW MORE MONEY THAN THEY NEED to take over, start, or buy real-estate ventures which interest them. Let’s see how you can do exactly this for a condo (condominium) you want to speculate on. Here’s what you do: Here’s what can happen to typical condo prices: Price at Start of Construction […]
A few days ago, a number of readers had lunch with me in midtown New York at an exclusive club restaurant. The chairs were plush, the service was excellent, and the food was delicious. After dessert, a few of the readers asked me about grants — those wonderful money “donations” you can get to do […]
THE BEAUTY OF HAVING YOUR OWN BUSINESS is — in my opinion–the great chance you have to hit it big! Why? Because in YOUR own business: FOR THESE REASONS I KEEP URGING YOU to try your own business. Sure, YOU may have to start small and grow big slowly. But the important point is that YOU: ADD TO YOUR CART NOW . . . JUST THE OTHER […]
If a taxpayer disagrees with an IRS decision, they can ask the IRS Independent Office of Appeals to review their case. This office is separate from the rest of the IRS. Appeals officers review cases that taxpayers submitted, meet with the taxpayer informally, and consider the taxpayer’s position and the IRS’s position in a fair […]
Let’s talk about money — borrowed money or Other People’s Money (OPM). It’s a subject that always interests people because money is the fuel that drives the engine of business everywhere in this world. Without money business would stall. Often, I’ve mentioned that the loan supply is like the weather: changeable. Recently, money tightened up […]
In 1983, Warren Buffett sat down to pen his annual letter to Berkshire Hathaway shareholders. Tucked away at the back of the letter was an ad. Specifically, it was a “business wanted” ad. In it, the Oracle of Omaha outlined the type of businesses he and his partner Charlie Munger were seeking to acquire. The ad […]