
3 December 2023 | 21 replies
Inflating your way out of debt as an issuer of currency and a net debtor nation only works in the third world, not in the cases of reserve currencies.

29 August 2018 | 52 replies
So, 36% of people have 0% of net worth in real estate, and naturally some of those 64% home "owners" (bank owned) don't actually have any net worth or equity in their home, or technically don't have any net worth at all due to the $1 trillion in credit card debt or $1 trillion in student loan debt in this country.

11 December 2015 | 48 replies
I used to know a landlord that told me how he got his debtors to pay if he ever had any problems.

19 August 2022 | 49 replies
Or the LLC could declare bankruptcy on that property leaving significant debt or damages while you, the borrower, would be legally held harmless with no obligation to the bank.If the property were paid off then transferring title to an LLC would be simple and it would protect you from predatory lawsuits seeking to erode your net worth beyond the value of the property.

15 October 2023 | 8 replies
After a 5 year holding period, you may be able to withdraw your basis from the Roth tax free to purchase more real estate (note, I need to verify this as I don't know this to be 100% accurate)- You could potentially offset taxes from a year where you anticipate large gambling income, cancellation of debt or more likely, stock option awards or other employee stock incentives.

2 May 2019 | 17 replies
If t is due to medical debt or if the debts were were from a long time ago and the past few years the tenant has been paying on time I would consider them.

27 December 2021 | 5 replies
They tend to offer them only for properties owned by people not businesses (if your business went bankrupt, they may take second seat to other debtors and they are “limited” in their ability to go after your personal property to recoup their losses).

14 November 2023 | 9 replies
For example, I am a little concerned about some aspects of the business cycle recovery and a potential for a double-dip so I lean toward the safest part of capital stack which is debt (or low-debt equity).

29 July 2021 | 216 replies
The interest accumulates in a separate account that is collateralized by the cash value account so unlike what what most people think the debt or loan account is separate from the cash value account.

3 November 2020 | 22 replies
Luckily, my wife has been keeping pretty good care of us and sending our daughter to college of a well known school without taking on any long term debt or out of pocket money.