The #1 Step To Risk Management
Risk management is very important for you to understand. Because this will help you become a professional trader. But i need to share something personal about me before we dive into the "The #1 Step To Risk Management". One thing about me is that i love being a leader. Even looking for people that enjoy being leaders is what i like. Sometimes i look at certain friends of mine.This particular person i am thinking about was a good friend. Now the problem is that this friend of mine never grew up to like leadership.If you want to be my friend you have to love leadership. Because once you become a leader you wont be scared to keep people accountable. I was reading a book on real estate IYR [A good buy] And the writer said he hired his elder brother to collect rent. Listen if you need help collecting rent - then you are sacred to keep people accountable.Now in some situations you will to be in a position of insurance.This means you have to screen the tenant befo...