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7 December 2024 | 7 replies
@Alecia Loveless Only thought I have on how to generate real income is if you could do weddings.
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5 December 2024 | 31 replies
I'm piloting a new construction program that's building a generational style home 6 bedroom 4 bathroom, 2500 sq ft house in a class B/C area.
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4 December 2024 | 31 replies
If that equity position in any property can be reapplied towards another asset or pool of assets to generate a higher net yield, it should be reapplied.
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5 December 2024 | 7 replies
We’re planning to move to Europe to start our family, and we’re looking to generate $1,000–$2,000 USD/month in net income (after management fees and other expenses) with these RE investments.
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10 December 2024 | 17 replies
Like Kevin stated, they don't care about your business even though Im sure you are not only generating income for the area the cabin is in (generating local sales tax) but presumably you are paying taxes not only on your property but on the income you make from STR biz.
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6 December 2024 | 6 replies
I have a real passion for real estate due to the difference that it can make in the community, people’s lives, and the wealth generation possibilities that it creates.
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3 December 2024 | 8 replies
With a strong desire to learn, I’m focused on acquiring the skills needed to make strategic investments and build generational wealth through real estate.I’m is eager to dive into the fundamentals of the industry, from property evaluation to cash flow management, and is excited to learn from the experienced mentors and peers.Welcome to the community!
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7 December 2024 | 4 replies
We've had to keep lowering the price to where we're currently listing at $4,295/mo, which is generating some interest.
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2 December 2024 | 5 replies
As you know property is expensive and you don't have a business running that generates revenue.
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9 December 2024 | 9 replies
Flipping is probably a little more intense, but can still be done with a day job, but again, my average flip versus my average rental: flip has made much better returns.And as for generational wealth and handing down something to your kids... well, I guess I view it as: if I can hand my kids a $10mm trust fund held in public securities, or $10mm real estate portfolio, they are going to be pretty set either way, but a real estate portfolio will continually have costs and work, a brokerage account is a bit more set and forget, with some periodic rebalancing.