
21 August 2024 | 3 replies
Taking on deals like this that decrease wealth, such as low return high upfront cost whole life insurance, paying 19% interest on credit card debt, paying 2% annually to have a “wealth advisor” place your money in Vanguard Index Funds, paying for a high cost mortgage because you’re credit is bad, and “debt consolidation” programs are all reasons adding up to why many people can’t achieve financial independence and remain dependent on working every day to live paycheck to paycheck.There is a chance that in a particular circumstance any of these, including the program offer you describe, can be beneficial in certain specific cases.

21 August 2024 | 27 replies
The properties bought strictly for appreciation ended up having not only much better overall returns thanks mostly to life-changing appreciation, but after a few years of strong rent growth due to being in good locations, not to mention less tenant issues and repair/capex issues, they actually spin off better cash flow than the properties bought for that purpose anyway.

21 August 2024 | 9 replies
If it protects building by not shifting ground I will replace with concrete one.How to find how much life is left with existing retention wall?

20 August 2024 | 5 replies
@Eric S. new britain. that is your answer. i invest there. i spent my whole life in CT besides the last few years. i know the area well. i own a few multi-family properties there currently. i went CCSU in new britain and lived in the town for 10 years. its an incredible source of cash flow and, in my opinion, the current mayor is doing all the right things. i actually see growth happening in that town, compared to the rest of CT that is struggling. happy to help in any way i can. just let me know!

20 August 2024 | 8 replies
Show people what the investment looks like over the life cycle otherwise people simply don't have enough information to go off of.

20 August 2024 | 1 reply
Paint an alluring picture of what the buyers life could look like.Lastly, remember fair housing rules (although a flat fee broker should review and eliminate any violations as part of their quality control process).

20 August 2024 | 2 replies
In fact, I think its the best move you can do if it fits your life situation.

21 August 2024 | 7 replies
Even though in real life you should be able to buy it for 5% less the estate is saving in real estate commissions.

20 August 2024 | 4 replies
Total cost is $3,200.I know the De Minimus safe harbor rule allows you to deduct anything under $2,500 and that anything over this amount, if considered a capital improvement, would need to be capitalized and depreciated over a certain period of time (the life expectancy of the improvement).

20 August 2024 | 24 replies
The people who say wholesaling is easy are generally in two camps:- A Guru with a mentorship or training program- A student who just paid thousands of dollars to one of those gurus, and is required to post about how life changing the program was, often using "Go Giver" "Abundance Mindset" or other similar hustle culture language.