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1 February 2025 | 9 replies
I find that it produces better returns and work great to trade up and accelerate wealth building.
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17 February 2025 | 3 replies
Your situation presents a classic trade-off between long-term appreciation potential and short-term debt reduction.
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17 February 2025 | 9 replies
I did trade in land though but they were all quick flips so not really investing more like controlling my own inventory..
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8 February 2025 | 8 replies
When we moved, we turned it into a rental, hoping this would be the start of our real estate journey—something we’d like to continue once my husband retires.Some key details:My husband is active duty and will retire in 3 years.We have one final move coming up this summer to Raleigh, NC.Our current debts are crippling us—the high interest makes it tough to stay afloat every month.The plan I proposed to my husband:Sell the rental property.Use the proceeds to pay off all our debts, set aside emergency funds and a down payment for our next home.Free up $1,500/month from debt payments, and that also can stash in a high-yield savings account.Regain full VA loan entitlement, allowing us to purchase a multifamily home and use the house hacking strategy for up coming move.Avoid capital gains tax, since April marks five years of ownership, and the tenant’s lease ends in May.This wasn’t our original plan, and we hate the idea of using our equity to pay off debt.
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31 January 2025 | 3 replies
For example, should we focus on acquiring one high-quality property in a strong market, or would it make more sense to spread the investment across multiple lower-cost units in emerging areas?
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9 February 2025 | 32 replies
Therefore, it can be said that for each sleeping room, there must be two emergency escape and rescue opening.A bedroom ceiling needs to be at least 7 ft. tall.
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7 February 2025 | 6 replies
If you have that kind of money you should be closing deals, not wholesaling them.By the way, wholesaling is NOT investing, you're not holding the properties, your trading them.
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10 February 2025 | 17 replies
My goal is to build a business that serves corporate clients; construction and infrastructure development teams, medical/education faculty, corporate relocation, family emergency relocation services, sports travel/events,corporate and industryand I want to learn from those of you who are doing this successfully and are willing to share actionable ideas for how I can be successful in offering value to these groups.Thank you!!
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21 February 2025 | 28 replies
Consequently, your financial stability hinges on the emergence of new companies generating equivalent employment opportunities.Sufficient to Replace Your Current IncomeA single property is unlikely to generate enough rental income to replace your current income, so you'll need multiple properties.
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20 February 2025 | 18 replies
If times get financially difficult will people stop eating or will they stop going to the doctor (unless its an emergency)?