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6 February 2025 | 10 replies
Real wealth is built over time with consistent effort, even when things are difficult.Increase earnings, reduce expenses, save, invest.
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27 January 2025 | 12 replies
They are also useful for private phone conversations and could be used for storage of valuables as they could be locked.I'd love to be able to broach this idea with other nationalities and cultures but it's really hard if they're not working very long hours and have hours of free time at home.
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8 February 2025 | 18 replies
A wealthy individual, a group of wealthy individuals, or a hedge fund is lending money, private money to strangers for the purposes of buying distressed, fixing the asset up, and either exiting through sale or refi.Just keep in mind t he relationship between maturity and interest rate.
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24 January 2025 | 0 replies
Germany's Robust Rental MarketGermany has a rental culture that contrasts sharply with the homeownership trends in many parts of the U.S.
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19 February 2025 | 29 replies
Strong rental demand: With major employers like the Cleveland Clinic and University Hospitals, along with a growing arts and culture scene, Cleveland attracts a steady stream of renters.Revitalization efforts: Many areas of Cleveland are experiencing significant revitalization, which can lead to increased property values and appreciation potential.I can't comment on the Detroit market specifically, I have never been and have never done any research on it!
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13 February 2025 | 14 replies
Owners shop fees in the beginning, but once you're seasoned, you realize fees are usually about the same, and it's really process, procedure, culture, and communication that you're hiring.
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11 February 2025 | 15 replies
To 1031 it doesnt make a lot of sense IMO since $100k of equity going into a new property with 7-8% interest rates will force us to look into markets outside of Oregon, require a Property Mgr at 7-10% and we're almost back at square one unless its a MF with great cashflow.The main considerations for liquidating the brokerage account are: capital gains + OR state income taxes will be brutal, I like the idea of tax advantaged real estate gains AND growing real wealth and assets, not paper wealth. I
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14 February 2025 | 18 replies
COC will make you money now and appreciation will make you wealthy!
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7 February 2025 | 13 replies
I had bigger dreams than this and it was a reality check: ‘you’ll never become wealthy working at this company.’
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3 February 2025 | 8 replies
Good lease and future BRRRRR later when they become wealthy enough.