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Articles in the Pitfalls category


My E-Commerce Business Just Got TMF’d Up
Posted in E-Commerce, Entrepreneurship, Pitfalls on 9 June 2007

My entrepreneurial career began in e-commerce when I was about 15 or 16 in high school. I drifted into the real estate business because I love real estate as an investment vehicle. After a few years I realized that I don’t necessarily like selling real estate, just investing in it. I decided to get back [...]

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The Glitz, The Glamour, The Detriment of Gambling
Posted in Personal Finance, Pitfalls on 6 June 2007

What do you think of when you think of Vegas? Lights, glamour, excitement, and things you can’t talk about. A friend of mine is having a bachelor party in Vegas and a few other guys are taking off tomorrow for a week. Me, I decided to stay here. Actually, I knew the entire trip was [...]

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Life Insurance For Young People Is Money Down The Drain.
Posted in Personal Finance, Pitfalls on 27 May 2007

What happened today was funny yet disturbing. I was going over finances with my parents and as we were looking at their credit card bill, it turns out that some BS company had tricked my dad into buying life insurance over the phone a few years back and hes been charged $10 a month for [...]

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Telling My Property Manager, “You’re Fired”.
Posted in Pitfalls, Real Estate on 21 May 2007

When you own rental property, your property manager can make you or break you. Your return on investment is directly correlated with the performance and dedication of your property manager. This leads to my rant. My parents own a multi family property in Oakland, CA. I basically run all of their finances and real estate [...]

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Losing Money in Real Estate…A lot of it.
Posted in Pitfalls, Real Estate on 16 May 2007

Lately I’ve been feeling really crappy. Its the feeling you get when you know you stand to lose tons of money and what sucks even more is the feeling that you can’t do anything about it. About 2 years ago, during the real estate boom I took a risk and speculated on a property in [...]

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