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4 December 2022 | 12 replies
Assuming that your goal is to get off and stay off the daily worker treadmill, you need a dependable passive income:Reliable - Your income continues even in difficult economic times.Inflation-Compensating - Rental income increases faster than inflation, compensating for rising prices.Persistent - Your income will last; you and your spouse won't outlive it.There is a well-defined process for consistently buying dependable passive income properties.
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15 December 2022 | 32 replies
Now that I'm off the corporate W2 treadmill, I am inclined to committing a serious chunk of my time to this business and hopefully get enough cashflow to be my main gig.
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24 November 2015 | 0 replies
The point of hustle is not to work hard and be on a treadmill going nowhere.The point of hustle is to actually get somewhere.
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8 June 2023 | 4 replies
Without a barrier to expansion, new home prices and rents limit price and rent growth for existing homes.SummaryDue to Memphis’ high level of crime, declining population, and unlimited urban sprawl:Properties will be low priced due to limited demand for housing.Rents lag prices by 2 to 5 years so initial return will be better than average.Rents have not kept pace with inflation so sooner or later, you will be forced back onto the daily work treadmill.
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13 February 2023 | 7 replies
The process is to eliminate locations unlikely to provide the dependable passive income you need to get off and stay off the corporate treadmill.
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27 May 2021 | 8 replies
I've been listening to the Bigger Pockets Podcasts every morning while on the treadmill on the topics that interest me most- wholesaling, flipping and buy & hold and I've been doing so in chronological order.
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2 June 2016 | 7 replies
There is so much to read here and the podcasts are a great way to educate yourself while commuting or on the treadmill.
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15 August 2016 | 7 replies
Personally, I think the podcasts are great because you can listen and learn while driving, walking, treadmill, whatever.
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3 July 2020 | 34 replies
If you let tenants install them:1) You open yourself up to all sorts of repairs everytime they move out2) You open yourself up to all sorts of crazy that tenants will come up with3) You're on a never ending treadmill, every time the place turns over you are dealing with the blinds turnover4) Everytime the place turns over you have a place that doesn't show as well when the previous tenant takes his blinds or leaves the broken onesPut your own it and the blinds become part of the property protected by the security deposit, they tenant will be paying you to replace them if damaged while they live there and paying you through their security deposit when the move out if they damaged them.The place will show better since all the windows will still have blinds and be in good condition after the tenant moves out.
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4 December 2017 | 16 replies
Whether you do DSTs or TICs you are out of control---and you never want to be out of control in your investments.What you may find is that after two decades of doing deals you will feel that like a rat on a treadmill---forced into bigger and bigger deals (1031 requires equal or greater value.)