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13 October 2024 | 4 replies
I actually just want the banks to get their $71k so that when I start probate on the bank accounts no one at all can claim any of the monies from the few bank accounts.
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9 October 2024 | 13 replies
I have $1.5M in the bank, and I’m trying to figure out the best move for my situation to start building out my portfolio and making moves towards financial independence.
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15 October 2024 | 8 replies
I have full-time work as a CRE underwriter for a regional bank.
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14 October 2024 | 2 replies
Traction is cold hard cash money seasoned in a bank account.Cash Accumulation is the most needed thing for many people.
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16 October 2024 | 14 replies
The only partner you should have is the bank.
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14 October 2024 | 1 reply
One thing every investor needs to be aware of: No real estate fund or syndication is FDIC insured.You may come across phrases like "the money is in an FDIC insured account," which only means the funds are held in a bank account, not under someone's mattress.
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13 October 2024 | 19 replies
You might want to join a group I co-host with @Jamie Banks called THE MTR Connect.
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13 October 2024 | 10 replies
Because banks know that investors/tenants don’t maintain properties as well, and fight needed reserves and assessments — don’t even think of arguing against the fact).
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14 October 2024 | 22 replies
At this point, I would recommend having a line of credit to cover these things so you don't have money sitting in the bank doing nothing when it could be put to work.I have 33 units, no debt except for mortgages, and excellent income.