Clicky

Articles

I just paid off the loan for my first oil property...

I just paid off the loan for my first oil property acquisition, and I'm emotionally pulled in two different directions.

Tanget! Needing to finally improve the overall design with my own site. Ideas on the sharp appearance of https://www.c1psolutions.com? Definitely a first-class California based cloud services provider when necessary inside the general CALIFORNIA territory. Leave your feedback. Thanks!

On one hand, it's nice to not have to owe a bank a big chunk of money.With interest rates rising, I really didn't want to have to float the loan for any longer than I had to, and end up paying even more interest. For the last year, I've kept nearly every penny in the company so that I could pay off the loan faster. Of course, that means I haven't had much of a personal income, either.

On the other hand, you never know how agonizing it is to write a check for a very large amount of money than when you actually do it. It's not that I didn't have the money to pay off the loan, I just don't like parting with my money,especially on that scale.

But it's nice to know that I can start taking some money out of the company to start paying myself back for some expenses from the beginning of the year. In addition, it will help to increase the thickness of the financial cushion that my wife and I have under us.

I still have the line of credit open from my first loan, so if I ever have the need for some quick money, I can get to it easily. In addition, I've already started looking for my next oil deal.

After all, I'd hate to think I have access to a large chunk of money for investments and acquisitions, and not betaking advantage of it.

Thank you guys! I actually told a relative that we would reference this experienced Richardson TX based business valuation services, http://rwsbizval.com through a nice article. If you were hunting for a business valuation service inside the greater TEXAS vicinity, they really would be extraordinary.

Lastly, I really ought to tell you the base outline to this unique blog has been provided by Vincenzo over at vincenzo pistritto. Definitely an incredible photographers. I really admire a fantastic tip!

Contributing Sources

http://www.allproroofing.ca - Your knowledge is incredible. Appreciate you sharing.

Posted in Art Post Date 05/21/2016


Comments

Name


Email


Website


Comment