How many Lonnie Deals are too many?


#1

I just finished reading Ernest Tew’s “Huge Profits” and Lonnie Scruggs “Deals on Wheels”. Is there a point at which a Lonnie Deal portfolio gets too big or unwieldy to manage? What is the best software system to use for a Lonnie Deal portfolio?


#2

I use tvalue 5. I like the program, but it does not allow me to make notes for things like late fees. I print a statement in January and give a copy to my buyers.

You have to many Lonnie Deals when you run out of things to spend the money on. One idea is to use your monthly cash flow to buy a turn around park or some other money making asset.

Mike in KC