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9 October 2024 | 6 replies
I sued them in small claims court, and now the judge has issued a default judgement in my favor.
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20 October 2024 | 84 replies
I am biased in favor of taking on debt to grow a portfolio, but hear me out.Depending on your investing goals and where you're at in your investment journey and life can determine when one may be a better option than the other.
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15 October 2024 | 1 reply
Florida: The Paradise of ExclusivityFlorida remains one of the most coveted destinations for investing in luxury properties, not only for its beaches but also for its favorable tax climate (no state income tax) and glamorous lifestyle.Miami: Miami is the epicenter of luxury in Florida, with its combination of tropical climate, white sand beaches, and a vibrant cultural scene.
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14 October 2024 | 2 replies
The Richest Man in Babylon by George Samuel Clason: “To attract goodluck to oneself, it is necessary to take advantage of opportunities” “Men of action are favored by the goodness of good luck”One of the most important qualities that I see in successful individuals is that they take action.If you do nothing, nothing will happen.Where do you need to take action in your life?
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16 October 2024 | 6 replies
Meanwhile our litigation system favors seeking cooperation from insurance carriers but that in itself is a whole other subject.
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16 October 2024 | 13 replies
Here are a few thoughts based on your questions:Markets to Target: I’ve found success in Detroit, where the rent-to-price ratios are particularly favorable for cash flow.
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11 October 2024 | 3 replies
A South Korean company that supplies Tesla is inching closer to a transformative project - codenamed "Project Motion Forward" south of Austin that could make the company Buda's largest private-sector employer.Futronic's potential project is part of the continued "Tesla effect," referring to how electric vehicle suppliers have flocked to the region in response to Tesla's mammoth presence in eastern Travis County where the Elon Musk-led company has a huge factory and headquarters.
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13 October 2024 | 8 replies
However dependent upon taxable income you could get away with a pretty low tax bill due to favorable capital gains tax rates.Be sure to work with a qualified intermediary and a tax professional to ensure you comply with all 1031 exchange regulations and to be sure you keep basis correct as all a 1031 does is defer your gain.Happy to help run some numbers or do some basic analysis for you if you would like.
10 October 2024 | 7 replies
Hello friends,I found a seller financed listing where the seller is asking for a significant premium on multiple homes, but they are open to low interest rates and 40 year terms. These homes have long term tenants and...
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12 October 2024 | 2 replies
I’ve seen buyers in situations like this secure terms for primary residence use compared to investors.. so it might actually work out in your favor if your buyer wants to live in the home.Funny enough, a friend of mine ran into a similar situation in Austin last year.