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16 January 2022 | 58 replies
These land trusts are more for privacy of ownership, but that in itself is an asset protection benefit....not to be listed in the public records which makes you to a bigger target for a frivolous lawsuit.Hope this clears up some of the misconceptions.
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17 June 2018 | 32 replies
"That's a common misconception: Returns on the residential housing market are "not making anybody rich," says certified financial planner Eric Roberge.
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9 March 2019 | 208 replies
They had grand misconceptions, based on childhood brains not understanding how the world really works, that being a millionaire meant being Scrooge McDuck, owning a personal airplane, take frequent world-wide vacations, have chauffeurs maids and cooks, and being able to literally swim in a roomful of money.I think that what most net-worth people don't want to admit to themselves is that, yes, they are better off financially that the vast majority of Americans.
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27 December 2022 | 15 replies
The age of the house alone really has little to do with how "safe" it is to invest in the property, and looking only for newer houses might end up working against you--and could even prevent you from cashflowing.One of the biggest misconceptions by inexperienced investors is that new houses are inherently less costly, and less headache to maintain than older houses.
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20 November 2021 | 73 replies
That’s a common misconception people have about IBC.
20 November 2023 | 15 replies
There tends to be a huge misconception about what a VA does.
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2 August 2018 | 11 replies
There is a misconception out there that self-directed IRA can only be invested in real estate.
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9 June 2017 | 41 replies
There is sometimes this misconception that LOI can never be binding.
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22 April 2019 | 69 replies
That is a common misconception, but that's all it is.
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30 August 2021 | 32 replies
However, the more I learn the more I become convinced that may just be a common misconception that’s not entirely true.