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22 July 2024 | 8 replies
I've been writing full-time for an online publication since 2022 and building my faculty book instead.
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27 July 2024 | 108 replies
You and your wife would be getting a guaranteed income stream for the rest of your lives, which is not only putting money in your pocket, It’s also giving you a substantial amount of peace of mind in that you’re gonna get that money regardless, you have nothing left to manage and you have ZERO legal liability to worry about, freeing up a lot of mental space to just focus on fishing, relaxing, and doing just whatever you and your wife wanna do.
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22 July 2024 | 38 replies
Sunghee Section can be great if done correctly.We recommend screening Section 8 tenants just live regular tenants and doing all the background checks.Many, but not all, S8 tenants have entitlement mentalities and in additional to being hard on properties, (causing lots of damages) they expect you to do everything for them!
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22 July 2024 | 71 replies
These mental "diseases" of fear/overspending/procrastination affect their financial health for their whole adult lives.
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22 July 2024 | 5 replies
He would say she has mental disorders and anxiety issues in the group chat.
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16 July 2024 | 0 replies
I love that they are still looking for solutions instead of subscribing to the "that's just money lost" mentality I have heard from other PM companies.
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16 July 2024 | 11 replies
Hello BP, I have been in this mental loop and hoping for some advice, I am 19 years young and am currently in a partnership on 2 commercial properties located in Buffalo NY.
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18 July 2024 | 0 replies
It is a cautionary tale of taking on too much and breaking so many rules of good business and mental health.
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16 July 2024 | 21 replies
Hi Michael,I like your thoughts of building a large portfolio because it's very important in sub $100,000 markets like Ohio.A large portfolio = A safe portfolio.Personally, I've always been a big believer in buying with cash.Less is more.Once you gain experience and understanding the true income vs expenses of your portfolio.Then look at using leverage for faster growth.It takes many years to learn a market along with establishing a solid understanding of it's "in's and out's" from a people/team perspective.As investors we should always reverse engineer and protect the bottom line first and foremost before looking toward expansion and growth.My "cash only" mentality has served me well over the years in my businesses and real estate endeavors.Especially when things turned South and they always eventually do.Start slow, start small, buy with cash and build from there.Just my opinion and wishing you much successps.
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16 July 2024 | 13 replies
Get rid of the short term mentality that is the cornerstone of wholesale approaches too.