13 April 2021 | 0 replies
After a few months of reading, this is what I have gathered:I would like my first investment property to be a duplex or triplexI prefer it is within 100 miles of my house, as I don't think I have the risk appetite and certainly not the network needed out of state (I live in FL)I own a primary home currently, however have roughly $90,000 in non-Real Estate debt that I would like to eliminate before investing (some from a previous marriage/some credit card/a car loan/student loan)I make decent money on my job, however my aggressive goal is to add one property (2-4 doors each property) per year, every year this decade.

22 April 2021 | 6 replies
I have a friend that has been in a relationship for over 12 years in hopes of getting married , in an act of good faith her boyfriend refinanced and had his girlfriend’s name was put on the deed and the mortgage to buy more time, delay the commitment of marriage ..

8 January 2022 | 5 replies
Marriage is a commitment and partnership.

16 April 2021 | 4 replies
It may even be easier to open a second LLC a partnership is a lot like a marriage once the papers have been signed.

16 April 2021 | 4 replies
I wasn't happy only seeing my kids when they were sleeping and on weekends.We have a strong marriage so that wasn't being affected but it is much more fun to be with my favorite person whenever I want now.Not having access to MY time when I wanted it.

18 April 2021 | 4 replies
Partnerships are marriages: very easy to get into but not out of.If you insist on this bad idea, please explain your reasoning and the details.

20 April 2021 | 4 replies
Keep in mind as LLC would ever disband, as sole proprietor, you would be the individual 'share holder' so that really makes no difference (unless going into dissolution of marriage, but that's an entirely different asset protection discussion) Really, first step should probably be the LLC with umbrella, suggested each subsequent property with it's own LLC.

21 April 2021 | 12 replies
However, my wife doesn’t think this way and has caused major problems in our marriage.

22 April 2021 | 2 replies
Just like a marriage, you could both feel strongly that it's a fantastic idea and then 5 years later (or less) everything falls apart.

22 April 2021 | 4 replies
Working with a partner is like a marriage without the benefits of intimacy and the curse of finances.