Nathan Gesner
What books are you reading right now?
7 March 2022 | 166 replies
I "enjoy" reading it because it reinforces my view that people are impoverished due to the choices they've made, that absentee fathers and loose women play big roles in poverty, and that our government encourages / enables poverty far more than it does to solve it.
Evan Aagaard
Anyone tried using the Landlord Credit Bureau?
8 January 2022 | 12 replies
However, if such tenant ever owes a debt, then their debt would be subject to disclosure to Credit Bureaus by the landlord pursuant to the following paragraph.For a tenant who does not pay rent when owed, and thus owes a debt, applicable legislation enables landlords to report to LCB without notice or consent under an approved purpose (i.e. to collect the debt).
Account Closed
We Are Only One Decision From a Totally Different Life
4 October 2016 | 69 replies
Just wanted to give you a shout out for arranging the meetup and enabling local people to network.
Account Closed
Zero to financial freedom as quickly as possible
29 November 2017 | 25 replies
"Slower than you like" can change, depending on those bargains (to enable BRRRR)!
Brandon Schlichter
My 2015 Goal : 50 Units by end-of-year
21 November 2018 | 67 replies
I did talk with a lender last week and they seem very, very positive on lending a larger sum of money to us that would enable us to hit the goals we have for this year (The 50 properties).
Julian Buick
Commingling funds
9 December 2015 | 5 replies
@Julian BuickThis is a tricky question, and one to which you will likely get different opinions based on who you talk to.The IRS is not specific on this issue, and there is not any case law that we know of you can rely on for guidance.The key premise with the IRA is that there can be no direct or indirect benefit between the IRA and a disqualified party - in either direction.Many tax professionals are comfortable with the idea of joint venturing between IRA and personal funds, so long as:The investment is entered into jointly on day one (you cannot sell or exchange interest between the parties).The initial equity percentage is maintained throughout the life of the transaction, so if you initially fund 50/50 or 70/30 or whatever, you stick with that.The caveat is that in order to avoid any kind of "indirect" benefit, neither party should be enabled to participate in the transaction due to the presence of the disqualified funds.
Kate Cavanaugh
Is the 1% rule that important?
7 December 2020 | 18 replies
The 1% rule is a quick, surface assessment that enables you to quickly identify properties worth pursuing.
Katherine Rossell
Inherited Our First Problem Tenant, Please offer any suggestions!
27 September 2023 | 28 replies
It's bad enough that we (myself included) often enable bad behavior, but we certainly don;t need to actively encourage and reward it.
Michael Swan
Should I Stay or Should I Go Now? If I Stay There Will Be Trouble
24 April 2018 | 240 replies
However I am father of three kids and two of them are very talented soccer players in San Diego which I wanted to support and enable them more chances of success, that is the reason why I was looking into financial independence.
Patrick Froehlich
Anyone begin their real estate journey in their late 40s?
25 March 2023 | 193 replies
It has enabled me to retire without fear of life in penury.