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23 February 2025 | 25 replies
@Grace Tapfuma I have no idea how things work in Australia but if I were you in the US…Don’t sell the business.Businesses usually sell for a much lower multiple of their products income than real estate does.To be honest, you’ve built out a lot of infrastructure to create a successful business and maybe reinvesting in it would create a much better return on investment.For which you could reinvest those future profits into real estate, once you’ve scaled your business into a money making machine that isn’t so dependent upon YOU to drive the bottom line.I had a friend (38 years old) just recently sell his medical device company for $30M dollars and now he’s using this chapter of his life to passively invest in real estate ventures.Meanwhile, I’ve been toiling out here for 19 years as a real estate investor and I’ve built a portfolio worth $18M and have a net worth of $5M at 41 years old.Sometimes the grass isn’t greener on the other side.Correct me if I’m missing something!
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22 January 2025 | 4 replies
I don't know that any of this would affect a new appraisal, but there may be some comments by the appraiser, which may or may not hurt you depending on why you want the appraisal in the first place.
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25 January 2025 | 25 replies
It's the boring places that probably won't appreciate above the rate of inflation that will provide real month to month income.
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18 January 2025 | 15 replies
If you are looking to pull out equity on your home to start to do some fix&flips(great idea) then it would all depend on how much equity there is in you home and your current income(SSI,retirement etc).
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24 January 2025 | 36 replies
what insurance protection does avantstay provide?
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12 January 2025 | 7 replies
@Janine Sharma The decision to classify your onsite mobile home park property manager as a W-2 employee or a 1099 contractor depends on the degree of control you have over their work.
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11 February 2025 | 18 replies
@Matt Wan Many lenders require wet signatures on at least the Promissory Note but if yours does not, as a US citizen you could do the entire signing anywhere on the planet with a good internet connection + mic + camera via Remote Online Notarization (RON) for less than $200.If wet signatures are required, the answer then depends upon what foreign country you are in.
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30 January 2025 | 2 replies
Happy to provide more info or photos.
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20 February 2025 | 10 replies
We are a bit flexible on the budget, depending on cash flow/appreciation.
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30 January 2025 | 11 replies
Where you pick will depend on your goals for cash flow and your budget to buy.