Luckily, this data is tracked by the Society of Actuaries and is demonstrated in the chart below.Whole Life Lapse Rates If we use an 11% lapse rate in year 1, 9% in year two, 7% in year three, 6% in year four, and 6% in year 5, that means that 1/3 of folks have surrendered their policies within just 5 years, long before breaking even.

I'm from Toledo check out the negative 20% on the chart here.

Since Detroit seems to be a subtopic in this thread, here's an actual historical population chart showing a slight recent pop increase of 0.2% for current 2024.

Now let's say that accounts for JUST $50mnth 1st yr and only grows at $50mnth each yr, because of the amortization curve (no, I don't feel like pulling out the chart and doing this full-out for real'sies)- That's $9k "profits". 

As for the gastronomy, you can find nice restaurants like anywhere in the world really but, out of personal experience, you can't beat the food of the better all-inclusive resorts there and that's precisely one of the reasons people go for that option.To answer your question, as you know, Punta Cana accounts for 2/3 of the tourism in the Dominican Republic so, the first time I went, I was wondering about buying a short-term rental there.

ChatGPT: Write rap lyrics about using a wraparound mortgage in a profitable deal.Got the seller financed, wrapped the old loan,New buyer in place, and the cash is grown,Interest spread wide, I'm collecting the flow,Passive income stream, watch my portfolio grow.Wraparound mortgage, making money stack,Flipping properties quick, never looking back,Profit in my pocket, strategy on track,Real estate mogul, and that's a fact.Analyze the numbers, every move precise,Minimize the risk, maximize the price,Equity's the goal, profit's on the rise,Wraparound mortgage, got me reaching for the skies.From the first payment made to the final note,Wraparound secured, watch the market float,Negotiation skills, deals in the bag,Success in my grasp, wave the victory flag.

Although to use the words a little more precisely, its not where's the profit, it's where's the cash.

Working 25 hours at the coffee shop ain’t gonna cut it precisely what i'm talking about.every society and generation would create their own version of pivot generation which create "upward mobility class" and hopefully starting to generate generational wealth for their next gen or so. 

The one and only time I've heard Dave Ramsey address the idea of "good debt" and "bad debt" with enough time given to make a complicated point, he talked about how difficult it is, specifically in real estate, to precisely calculate the risk of these investments. 

Creating accounts for each property - clogs up the chart of accounts when you have many properties. 3.