Quotes of the Day

Projecting that you're prepared to walk away is the number one pressure point to use when negotiating with sellers. Before going into a negotiation, develop some options. Time pressure, information power, and walk-away power are three powerful pressure points that when used properly will get you better deals in any negotiation. [2004] - Mike Summey

Seller financing has a few key benefits over a regular sale: 1. Possibly higher sale price (buyer is more concerned about the terms). 2. Lower tax bill (you pay only on the income received in a given year). 3. Ongoing passive income. If you plan to use seller financing, just be sure to hire a lawyer and do your homework, because there are numerous laws that must be followed, as well as some general best practices. Also, the person you sell to matters, so screen them carefully and require a sizable down payment. [2015] - Brandon Turner

Ways to Generate Passive Income: Vending businesses, Online marketing, Rental property, Stock dividends, Mutual funds, Royalties from mineral rights, Royalties from copyrights, Laundry mats, Car washes, Private investing (angel investors) [2014] - Michael Munsey

Some of the low-cost travel medical insurance providers include Canadian Automobile Association (www.caa.ca), Ingle International (www.ingleinternational.com) and travelcuts (www.travelcuts.com). [2019] - Eric Tyson

If you are walking, you can get away with a pair of running shoes, but not the reverse. (Walking shoes are usually too stiff for running.) Typically, your athletic shoes should be one to two sizes larger than your street shoes. You need more room in the toe and mid-foot areas; these shoes are just built that way. You also need more room because during exercise, your feet get bigger and they need room to expand. You also do not want to inhibit the circulation in your feet. A midpriced shoe is often best. You can usually get a pair for $80 to $100. [2015] - Vonda Wright