It's powerful tool for those who are established in their financial behavior and have some spending discipline, because it simply applies regular consumer banking behavior in a beneficial way to shrink the size and cost of mortgage debt faster. 

Real Estate, Wellness, and Community ImpactAs I move into 2025, I’m focused on deepening my faith and prioritizing wellness, mental health, self-control, and discipline.

Be diligent about your analysis and maintain discipline.

Here are the key tax implications we discussed:- - Depreciation takes longer: Foreign rental properties must use the Alternative Depreciation System (ADS), which means a 30-year depreciation schedule instead of 27.5 years for U.S. properties.

Last week we sent an addendum to extend the mortgage contingency because it's been difficult to schedule the appraisal due to the very slow agent and scheduling around the current tenants.

Is it to schedule another call, a walkthrough etc?

Stay disciplined, focus on cash flow, and you could achieve financial freedom in 5-7 years.Good luck!

Our notary drafted an agreement, our lawyer reviewed everything, and we scheduled the land appraisal to satisfy our lender.Now, the seller is suddenly not satisfied with the financing timeline and is hesitating.

I joined with the intent to surround myself with others in the field and build my confidence and understanding of the subject matter (:I live a disciplined lifestyle when managing my expenses and living below my means.

Here is the statement expanded to include formulas for doing one flip per year, two flips per year, five flips per year, and ten flips per year: One flip per year: If you start with $50,000 and do one flip per year, aiming for a 35 percent return, your progress would be: Year 1: $50,000 + (35% × $50,000) = $67,500 Year 2: $67,500 + (35% × $67,500) = $91,125 Year 3: $91,125 + (35% × $91,125) = $123,019Two flips per year: If you start with $50,000 and do two flips per year, aiming for a 35% return on each, your progress would be: Year 1: $50,000 + (0.7 × $50,000) = $85,000 Year 2: $85,000 + (0.7 × $85,000) = $144,500 Year 3: $144,500 + (0.7 × $144,500) = $245,650Five flips per year: If you start with $50,000 and do five flips per year, aiming for a 35% return on each, your progress would be: Year 1: $50,000 + (1.75 × $50,000) = $137,500 Year 2: $137,500 + (1.75 × $137,500) = $378,125 Year 3: $378,125 + (1.75 × $378,125) = $1,039,844Ten flips per year: If you start with $50,000 and do ten flips per year, aiming for a 35% return on each, your progress would be: Year 1: $50,000 + (3.5 × $50,000) = $225,000 Year 2: $225,000 + (3.5 × $225,000) = $787,500 Year 3: $787,500 + (3.5 × $787,500) = $2,756,250The key points remain the same, which is to aim for a high return through flipping, reinvest the profits to compound the gains, and be disciplined in order to build significant wealth over just a few years of this real estate investing strategy.