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How To Realistically Set Your Fees - Part 4If your client base is large enough, a certain percentage of your customers will go out of business, leaving you with unpaid and uncollectable invoices. There is little chance you will collect any money in a bankruptcy hearing. To protect yourself, you can charge partial fees as your work progresses. [More] | Buy and Hold: How to Perpetuate Your Investment LossesJudging from the reader's e-mail it appears that he works for a major bank and is adamant about Buy & Hold and Dollar Cost Averaging. Maybe it's the approach he has chosen and he doesn't like hearing that the emperor is wearing no clothes. Nothing personal, honestly, but I find it incomprehensible that anyone, after the bear market and the financial disasters most people experienced, can even consider such theories. The results are just too black & white. [More] | How To Lease Option Your Properties!Instead of getting a refundable deposit (like you would get from a renter), you get non-refundable option money. I suggest charging about the same as you would charge for the deposit... typically, 1 month's rent. Check out what is customary in your area. Some areas are getting as much as 5% down on a lease option! [More] |
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