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4 November 2024 | 17 replies
Instead, focus on how you can turn what you have into a consistent flow.To do that, you need to reverse-engineer what it takes to get consistent deals.The biggest mistake people make is this:"I have $3,000, 4 wives, 3 chickens, 2 feral ferrets, 5 girlfriends, 7 jobs, and only 2 hours every other week because of my job and all my girlfriends... how do I become successful with this hectic life and limited hours ?"
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29 October 2024 | 21 replies
Do you favor a Roth IRA, high-yield savings account, or life insurance as an investment tool?
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2 November 2024 | 20 replies
My personal goal is to price a little UNDER "market rent" knowing a tenant cannot find a better deal and has no motivation to move unless their life circumstances change. 4.
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31 October 2024 | 3 replies
Let me know how I can support you in building the life and future you deserve.
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1 November 2024 | 4 replies
Per this NY Times article, the average American knows around 600 people.https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.How many of those moves do you want to be involved in?
30 October 2024 | 94 replies
An anomaly happens in your personal life that consumes more money than normal.
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30 October 2024 | 22 replies
Lower-income renters tend to generate significantly higher maintenance and turnover costs.I thought the same thing.Paper figures always look great but real life is different.If I get any one of our investors 8% net net year after year, I pop the champagne.Not an easy feet at all...
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30 October 2024 | 13 replies
This is a 7 year old thread that you just brought back to life.
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31 October 2024 | 8 replies
I can see through DOM the contrast between those struggles and the lease ups of the better located single families in the area.I cant say with certainty this applies across the entire city but what’s known is the fact people are getting married and starting families later in life than in the past, young people have more debt than ever before thanks to student loans, the cost of buying ahome has never been higher & most families decide to move to the suburbs when they have school aged children.
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31 October 2024 | 12 replies
- and finally once you do this, realize it will never even be close to how it actually plays out in real life, but it can serve as a guide for what sort of money you may need to save up to try and actually accomplish something like this.