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26 August 2019 | 7 replies
Your incredibly wealthy cousin Vinny can lend you the money.
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27 December 2018 | 5 replies
Appreciation will make you wealthy, but at this point, it should only be viewed as a bonus.Unless you have some type of affinity to a particular place out of state, I don't recommend it.
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25 October 2019 | 5 replies
@Sergio Hueck Here it is...How a tax break in poor Arizona communities became a boon for wealthy investorsTHE PHOENIX AREA HAS 85 OPPORTUNITY ZONES, AREAS THAT OFFER INVESTORS BIG TAX BREAKS IN EXCHANGE FOR PUTTING THEIR MONEY INTO DEVELOPMENT PROJECTS.Downtown Phoenix, Scottsdale, Gilbert and Tempe Town Lake — among the Valley's biggest magnets for jobs, trendy living spaces or just hanging out — will benefit from a tax-break deal created to draw wealthy investors to low-income areas.The hot spots likely will see even more development now that they are tagged as "opportunity zones."
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10 August 2023 | 8 replies
Hello Everyone,I’m currently halfway through the “How to invest in real estate” book by Bigger Pockets and have decided that the strategy I would like to use is the BRRRR method to reach financial wealth. Is
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9 July 2015 | 37 replies
Study after study of the first generation, boot-strap wealthy has concluded that nice cars and car debt had not place in their journey.
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24 November 2021 | 525 replies
Wealthy and successful people aren't stupid.
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16 July 2014 | 2 replies
I'm not sure if he specializes in real estate specifically but I was recommended through very wealthy friends that like him.
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21 February 2019 | 11 replies
The owner/operators who are successful understand that the business is just the highest best use of the property and ultimately the real wealth is in the real estate.
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17 June 2017 | 4 replies
This is terrible advice, because running personal expenses through the LLC is precisely the kind of conduct that courts look for when deciding whether to disregard the LLC - which, normally speaking, is a very unusual thing to do.)The reason that professional investors put each deal into a separate LLC is because they not only want to protect their personal assets that are outside the LLC, but they want to protect their different properties FROM EACH OTHER.If most of your wealth is tied up in properties, and the properties are all under the same LLC, you might as well not have an LLC.
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24 April 2023 | 2 replies
Not giving an opinion on the company one way or the other, just noting it to people and everyone should do their own due diligence and never invest in a company just because someone wealthy or famous invested in it.