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30 October 2024 | 5 replies
My wife and I have two reliable vehicles but I decided when they were paid off to start saving right away for the next one by making car payments to myself.
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28 October 2024 | 6 replies
Hello Everyone,I was talking to an investor in regards to financing and his suggestion was to get a 500k loan to put towards all current debt, but wasn't sure all the factors that may be implicated with going this route.My current portfolio has 2 properties (1 LTR, 1 MTR = 370k), and current debts: HELOC at 54k and a vehicle at 40k.
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23 October 2024 | 5 replies
I’m glad you’ve identified the first vehicle you would like to take.
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23 October 2024 | 8 replies
A simple 5% return per year gets you $50k/year...and you still have the $1M to adjust to inflation by reinvesting into different vehicles along the way.Focusing on taking the long term returns ($$$/year) can be a better choice, but you have to look at the long term impact with all your options, compare them, and then make a choice.Do you think they teach that in school now?
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22 October 2024 | 4 replies
You'll be one of the wealthiest people you know by the time you are 40.As you gain experience, you may discover you hate dealing with tenants and this is the wrong vehicle for you to build wealth.
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20 October 2024 | 3 replies
Looking for someone with information about tiny home living and if it’s possible to create a “recreation vehicle” type of arrangement for tiny homes.
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28 October 2024 | 46 replies
The most important advice is not to get emotionally attached to properties (If viewed as an investment vehicle, Owning for personally reasons is difference).
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19 October 2024 | 16 replies
Hopefully they won't delist you since you took action and updated your listing right away.Is it possible to collect the fee up front, then document the vehicle information upon arrival?
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20 October 2024 | 8 replies
Long-term rentals have existed forever and are a proven investment vehicle.
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24 October 2024 | 36 replies
I want this to be a vehicle for my wife and I to gain financial freedom and grow a portfolio to support the lifestyle we want when I retire.