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22 July 2024 | 71 replies
No one taught me how to invest, the power of compound interest and using leverage.
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18 July 2024 | 5 replies
Maybe I’m reading this wrong but after reading several articles it’s my understanding that normally when a civilian assumes a VA mortgage the “VA entitlement” will remain with the seller meaning purchasing power in the future will be less since it’s still tied into the current loan and the 1 year occupancy is foregone since the seller has lived in it over a year.
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17 July 2024 | 9 replies
We had guests show up at our new-construction condo in Puerto Vallarta, Mexico when the power was out.
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17 July 2024 | 3 replies
I've heard of a seller acknowledgement form, having a limited power of attorney, nonrefundable deposit, etc.
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17 July 2024 | 12 replies
The router is on the top level, the lock is on the main floor and power goes out regularly.
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18 July 2024 | 7 replies
You're clearly in a position of power so rushing into another deal or renting something you don't want to rent makes no sense.
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17 July 2024 | 5 replies
A $50K investment from a psychiatrist who has no idea what they are doing but wants the "freedom" "low risk" and "generational wealth" the GP promises comes with zero power over the syndicator in an incredible lopsided distribution of power not available from most other sources of capital. 2) Ability to Charge WAY more in fees: A naive accredited investor with little experience in private investments will fork over fees like: - 2.5% acquisition fee- High Management fees (2-5% of rents) - 2.5% disposition fee- 1-2.5% refinance fee- 20-30% carried interestThe fees that many of these social media influencers charge would get them laughed out of the room by any family office or private equity shop.
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17 July 2024 | 10 replies
But given our tribe's tendency to skirt the rules and believe in the magical powers of "I will just tell the IRS..." - it's a slippery slope.
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17 July 2024 | 8 replies
that's the most powerful way to start. period.and there is absolutely nothing wrong with saving - most people can't even do that!
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16 July 2024 | 0 replies
AI-powered platforms can be a useful tool to manage the routine tasks of a landlord such as collecting rent, tenant screening, maintenance requests and tenant communications.