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10 December 2024 | 26 replies
Leave credit cards at home in the freezer in a bag filled with water that has frozen over....lolAmazes me how many people fall for these types of programs.When I buy NNN properties either my buyers wanting to own direct and I find the property or whether they are accredited LP investor on my syndication deals they learn with me while they INVEST CAPITAL to own fully themselves or a piece of the deal.
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3 December 2024 | 9 replies
sometimes to reduce borrowing costs, I'll use a hard money loan solely for the purchase, and then pay for the rehab in cash or use a 0% credit card (I don't recommend that for new investors!)
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20 November 2024 | 13 replies
Makes it easy to keep the cash organized as well as bills.You don't need a credit card but debit cards for each place makes it easy.
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4 December 2024 | 30 replies
This also includes a few credit cards that are used for business expenses.
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2 December 2024 | 4 replies
Depeding on the amount get a credit card that has no interest for 12-18 months.
2 December 2024 | 1 reply
Next year i'll hit top pay and should start bringing in 1.2-1.3k a week. and the year after that i plan to move to linehaul and make about 2k a week.I do have a lot of debt, or at least it feels like it to me. the breakdown being;23k in college debt i got getting a bachelors that i never used across 5 loans ranging from 3 to 5% interest rate5k in bank loan debt i got getting my trucker cdl a at 12% interest rate.2.5k in credit card debt from not having an emergency fund and then having emergencies.
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2 December 2024 | 5 replies
If i can invest it and make a significant better return after tax than paying it down I would do that but in this instance you will never be able to achieve returns that match credit card debt.
2 December 2024 | 17 replies
Agree a conversation is in the cards but if anything it would be more than fair to agree to keep the rent flat vs any type of reduction (at least that's my logic).
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3 December 2024 | 15 replies
That is part of the situation where house hacking isn’t exactly in the cards at the moment.
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6 December 2024 | 12 replies
Does paying with credit card, venmo, paypal etc.......still allow you to NOT SEND 1099s?