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30 December 2024 | 3 replies
Even with $50-100k, you can start small (like single-families or 2-unit properties) and recycle your money to keep growing.
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29 December 2024 | 5 replies
Renovating usually means you need money to renovate.
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3 January 2025 | 12 replies
You risk going over and then you are no further ahead if you sell.If you do renos and rent it for $300-400 a month more, it will take you more than 5 years to get the reno money back.
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31 December 2024 | 2 replies
I believe if your mother-in-law runs out of money that Medicaid will step in and pay for the nursing care.
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6 January 2025 | 15 replies
That's when we call you, so cash deal, not hard money, no financing, need to close it on Monday.
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30 December 2024 | 3 replies
But more for you so that you are not left with a lot of money out and a loophole for the other partner to get out of the agreement and not have anything to go after them on.
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31 December 2024 | 3 replies
We have HELOC money available from our primary and one of our rentals at about this same rate, so that could be a backup plan.
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28 December 2024 | 1 reply
Simple Truths.But you can make a ton of money, if you do it correctly.Why doesn't McDonalds sell T-bone steaks?
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1 January 2025 | 6 replies
What they don't get is I have those because I made a decision to put my money towards those and didn't do X, Y and Z that they did (eg a fancy vacation every year).
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30 December 2024 | 6 replies
If you have a business entity(you want to properly track money going in / out from its owners).They will likely be classified as contributions / distributions.Best of luck!