http://www.jeffnabers.com/2008/09/03/video-financial-statements-of-publicly-traded-companies-how-reliable-are-they/ The No-B.S. Guide to Building Real Wealth in Your Self-Directed IRA or Solo 401k Sat, 17 Dec 2011 03:25:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.jeffnabers.com/2008/09/03/video-financial-statements-of-publicly-traded-companies-how-reliable-are-they/comment-page-1/#comment-824 Jeff Nabers Mon, 08 Sep 2008 04:45:04 +0000 http://nabersgroup.wordpress.com/?p=247#comment-824 @Bob - Sure, I think that's a creative approach that may prove very useful. @Bob – Sure, I think that’s a creative approach that may prove very useful.

]]> http://www.jeffnabers.com/2008/09/03/video-financial-statements-of-publicly-traded-companies-how-reliable-are-they/comment-page-1/#comment-823 Bob Smith Fri, 05 Sep 2008 22:05:00 +0000 http://nabersgroup.wordpress.com/?p=247#comment-823 Let's say a club buys a $200k house for cash. If there are 10 members, that's $20k each. If I were a club member, I would have to put up $20k too. Unfortunately, my investment isn't being leveraged by the other capital, which I don't like. I could take an assignment fee, or a commission were I licensed (I'm not), but that's not very interesting to me either. Instead of a fee or commission, or a piece of the deal I can't have if I want to maintain club status, I'd like my benefit from the deal to be a long-term (10 or more years) master lease of the property. The Club signs a lease with me, then acquires the property. I manage the tenants under a sublease and take whatever net cash flow I can after paying the master lease. At the expiration of my lease the club either renews it or sells. I could even take an option to buy into the club at a later time. Let’s say a club buys a $200k house for cash. If there are 10 members, that’s $20k each. If I were a club member, I would have to put up $20k too. Unfortunately, my investment isn’t being leveraged by the other capital, which I don’t like. I could take an assignment fee, or a commission were I licensed (I’m not), but that’s not very interesting to me either. Instead of a fee or commission, or a piece of the deal I can’t have if I want to maintain club status, I’d like my benefit from the deal to be a long-term (10 or more years) master lease of the property. The Club signs a lease with me, then acquires the property. I manage the tenants under a sublease and take whatever net cash flow I can after paying the master lease. At the expiration of my lease the club either renews it or sells. I could even take an option to buy into the club at a later time.

]]> http://www.jeffnabers.com/2008/09/03/video-financial-statements-of-publicly-traded-companies-how-reliable-are-they/comment-page-1/#comment-832 Jeff Nabers Fri, 05 Sep 2008 20:29:53 +0000 http://nabersgroup.wordpress.com/?p=247#comment-832 Bob, I don't understand the question. Sorry. Can you restate it elaborately? Bob, I don’t understand the question. Sorry. Can you restate it elaborately?

]]> http://www.jeffnabers.com/2008/09/03/video-financial-statements-of-publicly-traded-companies-how-reliable-are-they/comment-page-1/#comment-829 Bob Smith Fri, 05 Sep 2008 18:35:54 +0000 http://nabersgroup.wordpress.com/?p=247#comment-829 So I can have benefits other than a piece of the action, like a long-term lease of a property acquired by the club? So I can have benefits other than a piece of the action, like a long-term lease of a property acquired by the club?

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