17 June 2015 | 8 replies
My question revolves around peoples' opinions on how to best prepare myself to invest in income producing properties in the next 3-4 years in regards to 401K v IRA v highly liquid personal stock portfolio.I have read many posts on here referring to using self-directed traditional or roth IRA's as the vehicle through which to invest in real estate, but I am curious if I have not yet started a roth would it be better to start a post-tax savings/ investment account so that I can be ready to jump on a deal nearly immediately if one presents itself?
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15 June 2015 | 2 replies
I don't envy those folks spending hundreds of dollars on leased or purchased vehicles to use as a fashion statement.
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17 June 2015 | 4 replies
That he owed me noting and that he cannot move in 15 days as he had a wife who does not work due to injury, 3 small kids and for him to leave he would need 60 days, he would have to sell his vehicle and take a loan from his job.
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17 June 2015 | 8 replies
Mostly because your referral fee and the wait for said fee won't entice them enough to steer their clients away from the other vehicles that truly get them paid.What you, and every other investor who wants their own private money partners should do is run an MLS search of all properties in your farm area that were clearly flips in the last 24 months, then Redfin each property and look at the recorded transactions to see if deeds of trust were placed on the property when first purchased, then run a title search of those deeds to see who the beneficiaries are, then track down those beneficiaries any way you possible can...and convince them to work with you.Good luck sir!
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25 June 2015 | 9 replies
. :-)And I would agree that real estate is the best investment vehicle there is - albeit it does require quite a bit more effort than the rest though.
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22 June 2015 | 5 replies
Mechanic Liens/Artisan Liens are placed upon property (vehicles, real property, paintings, etc.) that an individual has rendered some type of service upon the property, and the owner of the property does not pay; so long as the individual who performed the service has possession of the property, they have superior title to the property...no matter what...This is obviously harder to do with real property.
28 June 2015 | 3 replies
After research (Thanks BP), I found all the other vehicles appeared to be too slow for me to acquire financial freedom as quick as I would like.
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28 June 2015 | 20 replies
Over the course of 5 years, by choosing to purchase this car for cash instead of financing it, you're paying almost 80% more (31k in this example) for your vehicle in opportunity costs!
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29 June 2015 | 8 replies
This is a business of *Fires *Damages *Vehicles left behind *Clutter left behind *Hoarders *Dirty Carpeting and walls *and Left behind vehicles *Not to mention really nasty stuff that smells bad!!!
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5 July 2015 | 7 replies
This is a post-tax retirement vehicle (meaning you don't get a tax deduction for contributing like you do to a 401k or traditional IRA), however you are likely at a very low tax bracket so wouldn't get much benefit from a tax deduction right now anyways.