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10 January 2025 | 13 replies
Share cropping with a retail farm stand/farmer's market is one, if it's the right kind of land in the right location.
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14 January 2025 | 7 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
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31 December 2024 | 418 replies
With the $ we are buying taco stands, and "optimizing them with ai".....
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7 February 2025 | 14 replies
Do some research into both areas to see which aligns best with your financial goals.Good luck, and feel free to reach out if you need more help!
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13 January 2025 | 4 replies
There’s no reason to go through a disaster (I'm mid recovery myself) and not get the financial upside by becoming the developer and selling a finished product versus raw land.If you have to completely rebuild, it’s a two year process at minimum.
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30 January 2025 | 19 replies
Another benefit is it is much easier to diversify into multiple markets, asset classes and operators.Just wanted to share an alternative - often active investing is the way to go, but it really depends on the person and it is important to know that there are passive ways to accomplish your financial goals.Good luck!
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5 February 2025 | 10 replies
I am financially independent and don't have a job, though.
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21 January 2025 | 18 replies
@Joe Gellenbeck Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
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22 January 2025 | 14 replies
It requires a solid FICO, that you get pre-approved with all current financials held in file beforehand, with the complete contract package submitted upon execution which starts the clock; insurance must be arranged within three days for lender underwriting.
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20 January 2025 | 7 replies
A financial advisor or real estate pro could help you map it all out more concretely.If I were in your shoes, I'd probably lean towards selling and reinvesting into some more diverse assets, or just more properties, but that's just me.