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4 June 2018 | 12 replies
to the SMLLC away from me personally.Step 2: Conduct a 1031 exchange on the property and purchase multiple rental properties (in the 60-90k range)Step 3: In order to replace the value of my debt, enlist a service like Fund & Grow to get a loan that is 0% for 2 years.Step 4: Contribute all net proceeds from the rents, plus wedding gift money (assumed to be $50-100k) towards paying off the loan during the first 2 years.Step 5: Before the 2 years is up (and the 9-18% interest kicks in), take the remaining debt amount out from my 401k to stabilize my debt interest rate to ~6.75%Step 6: Pay off all debts over years 3-5.My concerns are;1) How hard will it be to find multiple properties in the allotted time frame of a 1031X using these services?
26 November 2018 | 22 replies
They play on your desires with images of corvettes bikini-babes, and also fear of mediocrity.
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12 January 2022 | 12 replies
We have a new investors Zoom on first WED of each month and a NJ investors Zoom on the second WED of each month to help investors build relationships with other investors.
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16 August 2015 | 16 replies
@Ashley Lesieur where is the meetup next Wed?
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24 September 2013 | 15 replies
@Steven Bays Hey Steven, First of all, congratulations on the upcoming wedding!
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9 April 2015 | 11 replies
i attended the REI of Orange County last Wed evening and it was great.
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27 March 2015 | 20 replies
I attended my first REI group meeting last Wed and before I did just printed some business cards in my inkjet.
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10 January 2017 | 5 replies
A real job would never pay me enough to reach my foggy image of financial success.
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17 January 2022 | 57 replies
Last quick tips: 1)ignore the list price ... make any offers based on your numbers, not theirs ... if they say no, then onto the next one. 2)I run both the buy-n-hold and flip numbers on every home, that is my plan A and plan B (or visa versa) ... plan A numbers need to get me a good return, plan B numbers need to be good enough (with margin) that I don't lose my behind if the SHTF with plan A ... easier said than done in today's market, but I don't (and haven't recently) pull the trigger unless ...I work some days in AV, so if it is mon-wed evening for meetups, count me in.
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3 May 2023 | 19 replies
I think I can keep pushing my weekend rate upwards because by Wed/Thurs there are only 1-2 dozen places left for the upcoming weekend in the city limits (or just outside like mine), and most of what's left is either crap or overpriced.