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17 January 2025 | 3 replies
We would like to learn about how we should have went about it so that we can purchase more properties, minimize mistakes, and reduce our reliance on corporate life.
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10 February 2025 | 6 replies
This may be controversial but it seems like you would be saving a lot of money at the moment given your reduced living costs.
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31 January 2025 | 12 replies
Proper documentation ensures you’re prepared to substantiate your claims.Federal REP or STR material participation allows you to deduct rental losses against active income, significantly reducing your tax liability.
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22 January 2025 | 16 replies
Screening everyone over 18 helps reduce the risk of costly evictions and ensures you’re fully informed about who will be living in your property.Additionally, be mindful of the number of occupants and how it might impact your property.
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1 February 2025 | 13 replies
It is to get you to reduce the amount of time you waste looking at deals and knowing what is good and what isn't good for a deal.You'll also need to know the area comps, are people putting in wood flooring or LVP etc.
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6 February 2025 | 12 replies
When this occurs, area incomes fall and cities reduce spending on police and schools.
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21 January 2025 | 4 replies
He tells you to pay him $5,000 (or much more) to learn all the "secrets" that made him wealth, but then he doesn't tell you that his "secret" was to increase earnings, reduce expenses, save up and invest.
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17 January 2025 | 6 replies
You could also add cash to your exchange account to reduce the debt replacement if you wanted.
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23 January 2025 | 5 replies
If I pay it off, I could maximize cash flow earlier, reducing financial stress and allowing me to focus on other ventures or simply enjoy life more.On the other hand, I know some people advocate for keeping cheap debt and using the extra cash to invest elsewhere for potentially higher returns.Why I’m leaning toward paying it off:Security: No debt = peace of mind.Financial freedom earlier: A fully paid-off rental would give me a significant monthly cash flow?
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19 January 2025 | 55 replies
With RentRedi you are reduced to talking to a "BOT" until an agent decides they want to chime in (still only on a chat window no phone numbers for RentRedit).