
27 November 2013 | 10 replies
I still love real estate for its other benefits (depreciation, appreciation, etc) but if you have the cash and you want income, private lending is the right vehicle to do so.

30 November 2013 | 4 replies
I saw some flooring on sale that I wanted, but had the wrong vehicle.

4 December 2013 | 22 replies
Just an update on this house.I went and looked at the house yesterday and had my agent give me real numbers $110k ARV, $950-$1100 rentShort version: I gently offered $70k, they declined and said they would hang on to it and keep trying.My evaluation:Seems like a nice neighborhood alot of older people, and decent incomes (assuming based of the vehicles in the driveways and landscaping)First thing I noticed as I pulled up was the house was an ugly color and inconveniently narrow driveway lolThe inside was actually very nice the kitchen was all new, (everything was cheap materials i.e. vinyl "tile" floor, formica countertops, nice big cabinets but no hardware) But the original hardwood throughout the rest of the house was very nice, bathroom looked new but again cheaper materials.

2 December 2013 | 2 replies
It seems that real estate is the best vehicle to accomplish that goal.

15 December 2013 | 15 replies
It is a great vehicle for real estate investors.

19 December 2013 | 3 replies
The downside is you may be in a high (or higher) income tax bracket in retirement, so you will be paying lots of tax on your withdrawalsIf you earn a modest salary now or have a business which carries some of your living expenses (i.e. vehicle) - or have rental properties in your own name which are not producing huge cash-flow {yet} - but expect to have larger income/assets in retirement, then a {Self Directed} TFSA may be a better fit.While I have both, at the moment I keep most of may capital in my companies and only draw a minimal salary.

5 December 2013 | 2 replies
Vehicles and titled trailers, toys like a 4 wheeler the lien is perfected by completing the lien section on the title and sent in to the DMV or similar state agency.It the interest is in connection with a land deal, file a notice of the other lien in the land records with the subject property, if they will do it, but it at least throws caution in a title search that may cause contractual issues, but aren't liens on the property.Don't file a note unless your recorder requires it for personal property, you may need to prove the debt was created. :).

14 September 2015 | 17 replies
It's not clear if you pay the $10k and then have to also invest in the assets with additional money or how the assets which will be acquired as vehicles for your profits are actually paid for if you give any portion of that $10k to the mentor themselves.

19 December 2013 | 13 replies
The guy had the same vehicle and showed exactly which relay was bad.Everyone wants to be famous.
12 December 2013 | 8 replies
This transaction will be done through an LLC vehicle and not personal so does this have change the application of the GLBA in this scenario?