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21 January 2025 | 6 replies
I am sorry, I am not good with a financial lingvo, could you please clarify?
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25 January 2025 | 14 replies
I think you should seriously consider your financial goals and strategies.
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3 February 2025 | 1 reply
.⚠️ Beware of these red flags:🚨 Bad partners who don’t communicate or operate ethically🚨 Financial arrangements that don’t make sense🚨 Risk levels that are too high for the returnIf ANY of these ingredients are bad, walk away—even if the deal looks profitable on paper.🚀 Lesson: Part of a good deal is better than 100% of no deal, but 0% of a bad deal is better than any piece of a bad deal.Final ThoughtsToo many investors make the mistake of wanting 100% ownership and control—but they forget that it’s better to own part of a great deal than to own nothing at all.🏡 Real estate is a team sport—and the investors who understand this scale faster, learn more, and build more wealth.Discussion Questions for You:1️⃣ Have you ever walked away from a deal because you wanted 100% ownership?
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18 January 2025 | 9 replies
I understand this is a good way to become financially secure over time and am eager to start.
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29 January 2025 | 9 replies
Many people choose NOT to have this, because the administrator will then vet every investment you make to ensure you do not invalidate your IRA.Invalidating your IRA means that you've done a prohibited transaction and the entire account is then deemed as distributed to you.If you don't want checkbook control, then I recommend a plan administrator such as Equity Trust - www.trustetc.comIf you are sure that you're aware of all the rules around prohibited transactions and disqualified people (who you can and can't do business with), then a plan administrator like Sense Financial would be a good place to start talking.
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27 January 2025 | 6 replies
Quote from @Michael Smythe: @Jerry NoguerasRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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24 January 2025 | 0 replies
Germany's resilience to global financial crises and its strong fiscal policies create a favorable environment for real estate investment.Moreover, interest rates in Germany remain at historically low levels, largely due to the European Central Bank's monetary policies.
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22 January 2025 | 3 replies
And hopefully I can be financially independent by paying the mortgage down eventually.
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21 January 2025 | 5 replies
My current agent suggested if it made sense financially, to do some rehab work to get the properties rent-ready, but I do not have the liquid funds to do so and sell these as-is.
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30 January 2025 | 1 reply
This deal proved to be the perfect balance of financial gain and personal enjoyment.