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23 January 2025 | 5 replies
Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.
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21 January 2025 | 9 replies
If it is, why can't you buy similar properties that you are renting with the money you make.If you get $200,000 annually(split proceeds with the other owner), you should be able to buy almost any type of property.
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21 January 2025 | 20 replies
With pulling out your equity (or selling), you can diversify and buy more.I did sell one of my places and used that money to buy two others.
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24 January 2025 | 36 replies
The marginal returns drove me to seek other strategies.So, this is not a "bad" deal if you consider it more of a learning experience than one that will make you a lot of money.
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10 February 2025 | 10 replies
Harder to qualify for cheap/free money as you collect more homes.
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21 January 2025 | 20 replies
I beleive offering buyer agency fees will ultimately be where sellers should allocate most of their marketing money, not in listing fees.
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29 January 2025 | 10 replies
The advantages is that you can buy with low money down and will get a better interest rate.
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27 January 2025 | 14 replies
If you do sell, think about where you’d put the money, whether into more passive investments like index funds or REITs, or possibly diversifying into a different market with better opportunities.If you decide to keep renting, you’re in a pretty solid spot right now.
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23 January 2025 | 4 replies
While I do maintain a relatively modest percentage of my assets in money market instruments, corporate debt funds, and high dividend stocks, I remain most comfortable with the investments I specialize in and know best.
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22 January 2025 | 13 replies
Donating money to large (FEMA, Red Cross), local organizations or Go Fund Me pages would be the quickest way.