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30 January 2018 | 0 replies
txtType=HTM&ttl=20&div=0&chpt=77States that one of the requirements of trust creation is: “the same person is not the sole trustee and sole beneficiary of the trust”.
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26 July 2018 | 65 replies
I referenced it here as my inspirational view of "oh, so that's how savvy investors can make it" - though I'm not expecting this kind of return out of the gate, and I apologize if I mislead.Credit for the below example goes to Brian Murray's book (I pulled this example from the online version available as a sample on Amazon since I only have the audio book):Bank Financing: $750K @ 5%Seller Financing: $150K @ 5%Cash: $100KTotal: $1MGross Revenue: $200K/yearExpenses: $100K/yearNOI: $100K/yearDebt Service: $63K/year$37K/$100K = 37% Cash-on-Cash-Return with a 2.7 year payback period.Principal paydown first 5 years = ~$103K or $20K/yearRevised NOI = $37K + $20K or a 57% annual return.Doing the math, at 5 years, the value creation is $9.54 for each $1 invested.
2 August 2022 | 68 replies
After the Great Depression we made changes like the Securities & Exchange Act of 1934 & the creation of the FDIC.
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21 January 2019 | 12 replies
Work your tail off save as much as possible and use it to start the wealth creation machine.
9 April 2016 | 8 replies
I see a lot more headwinds (Chinese economy, oil prices in oil states, credit market turmoil) than tailwinds (household creation/job growth, consumer spending).
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8 April 2016 | 9 replies
Uniform Commercial Code (UCC)—Article 9 Division 9 (entitled “Secured Transactions, Sale of Accounts, Contract Rights and Chattel Paper”) of the Uniform Commercial Code (UCC) contains the unified and comprehensive scheme for regulation and control of the sale, creation and priority of all liens and security interests in personal property.
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15 April 2015 | 19 replies
I'd love to get schooled in teeshirt creation if you've got all these suggestions!
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1 July 2015 | 92 replies
Do you want to take a photo in front of my creation below:We are open 24-75313 Secor Rd, Toledo OHThanks :)
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23 May 2020 | 20 replies
There is a good chance that Arkansas will soon join a growing number of states that allow the creation of Series LLCs.
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2 May 2021 | 11 replies
If you can get a 4 unit and a basement, that would be ideal and create major cash flow and equity creation, plus you can not worry about a property manager and boost your yield.