Forum Replies Created
yep ….. it basically points out that the system (particularly schooling) sets people up to be excellent industry fodder. The only way out is to start thinking for yourself and applying it. In a capatilist society the only out is financial freedomindependence. I think Steve is doing a great job to helping people achieve this freedom in a way that has benefits for all parties (ie not doing in a way that is unfair to others).
jt
Steve
I would have initially been “miffed” about the reaction but then tried to exercise mental compassion towards someone (the agent) who clearly missed the opportunity to sell the property at a higher price and was then willing to at least make an improper suggeestion (if not actualy break the law regarding “secret commission” – depending what State he’s in). To become emroiled in it any further would only bring bad vibes. This situation reminds me of the old saying about when one is pointing a finger at someone, they have four fingers pointing back at themselves.
Regards, Janette
jt
Hi Damon
I’m not prepared to say what you should do, for this is entirely up to you. However, at first glance, and based on how I think :
– land doesn’t earn income and therefore interest on any loans against it can’t be deducted (albeit depending on where it is it can earn incredible cap gain). Selling the land can fund other opportunities.
– do you need a $ 700,000-ish dream home ? what is a dream home ? . is it something that clever marketers want you to believe in ?
– diversity and positive cash flow are good
– what are your goals ? if you are wondering what to do, you may not be clear on where you want to go. (Reminds me of the old saying : ” even if you don’t know where you want to to go, you’ll end up somewhere anyway.”)
Don’t know if this helps, but good luck anyway.
Cheers, Jjt