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Messages - plex
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« on: May 04, 2008, 09:15:36 PM »
"Discussion time" was pretty much surf the internet time for me. Nothing that has ever been said by a student in discussion has been on a test, or at least was not a good complete answer.
Oh, I had my computer crash. I back my computer up, but not every week. Know what you do? You take it to CompUSA or Bestbuy and have them do a data recovery...though...if you have a ton of blatantly illegal crap on your hard drive, you could get busted. Bring an external backup drive for them to copy stuff onto before they put in your new drive (if you don't have one, get one, hard drives on laptops are ridiculously small to begin with, you also need something to backup to). Anyways, my computer was given back to exactly how it had been before the crash, 4 days after it had crashed, for $40.
This is why you need to make friends with someone who knows something about computers
« on: May 03, 2008, 07:22:26 PM »
I type all my notes on word.
Then I outline in a separate document when I do my outline, my notes consist of what the teacher hits on, which is not necessarily in any sort of proper order, they often hit on things they have already talked about before, I note it down again because it makes it clear that it will be a test question.
Typing is much fast for me than writing, probably about 3-4 times faster.
I don't really recommend outlining during class, I saw many doing this around me, and they would often miss getting down important points because they were wasting time trying to format their outlined notes. Also, you need everything to be fresh in your head for the test, actually outlining it near the test is the best way (for me). Your notes will be a gold mine if you do it this way.
« on: May 01, 2008, 08:41:32 PM »
10 hours a week would be OK, as long as you can not work a couple weeks around finals time, every moment is precious a few days before a test. Anything more, especially the first term, is a definite No. I worked 2nd semester 1L 20/hours a week, and while it was harder, much less free time, I performed about the same.
Don't do it though unless you already know you can manage your time juggling multiple major things at once, you sometimes have to realize you need to get something done a week in advance, such as a paper, so that you can work and get your other coursework done properly.
« on: May 01, 2008, 04:48:42 PM »
I am going into IP, most likely prosecution. You never have to write a memo or a brief in IP prosecution...ever. It is a completely different style of writing actually.
In addition, going over a bunch of useless crap before finally actually showing someone the format for a brief just one week before it is due, is not exactly my definition of a useful learning experience. Sure, things can have short due dates in real practice, but you are given some space when you are first learning them and are shown the templates right off the bat.
« on: April 30, 2008, 07:38:18 PM »
Very interesting information Matthies, added it to my personal rental reference book.
I think I will start examining this more thoroughly in 2nd/3rd year, right now I'm bogged down with getting established in IP law/the national job fair/getting on law review/going to school part time year round (I want to eventually switch to full time and work just summers so I can concentrate on side-projects). Also really trying to test out whether I should transfer or not in my situation, it is going to depend on how the bidding for the national job fair goes, I may try for some schools in T20-T40 range, probably going to need to make sure I get the proper recommendation letters on hand for June-Aug app cycle during my summer classes. I also have a good grasp of retirement investing now and have been taking advantage of ROTH accounts while I can, wish I could have started earlier in order to create more tax free space, but the money I made in undergrad went to my parents to help subsidize my engineering degree.
« on: April 30, 2008, 06:05:07 PM »
It means taking most of the equity out of the old properties to pay for down payments. What he means by difficulty though, is you need to make sure you don't end up with a reverse mortgage or lock up too much money in down payments and not be able to make the loan payments. RE essentially lets you play with a lot of other people's money in order to buy assets that (generally) appreciate, and on top of that, you can get rental income from them. Mortgages have their own costs though, renting has its costs as well, so you need a certain level of cash-flow. Also, not all "oppurtunities" are good oppurtunities at all, including foreclosures. Essentially there are many properties that do not properly meet the market, so you have to have a good grasp on what your direct costs will be (taxes/repairs/closing costs) and what your potential costs will be (not finding a renter/no renter for portions of every year/a renter who doesn't pay and you have to evict).
Regardless, it isn't something you can just jump into, and that is just the financial aspect. It is also extremely hard managing property from far away unless you have someone nearby to show the rentals, close the deals, take care of repairs/complaints and generally be able to checkup once in awhile to make sure the place isn't getting trashed.
« on: April 30, 2008, 04:32:13 PM »
Law preview is a very bad idea
« on: April 30, 2008, 04:29:28 PM »
Yea, I want to get into real estate at some point, slowly absorbing information about it as I go. Did you go with single home or commercial? New development or a location with desirable features? Are you actually dealing with the LL crap or did you hire a manager?
« on: April 30, 2008, 05:28:39 AM »
All the above
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