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23 May 2016 | 7 replies
Lesson Learned: if it doesn't serve a purpose in your life, let it go early, move forward, and gain ground on purpose.Now, I find myself wanting to get serious and work a wealth-building model that will create wealth through passive income and long term asset growth by solving problems and meeting needs.My high level business model consists of flipping properties (wholesale & rehab) to generate cash down to purchase commercial and MFR properties with reduced financing balances to generate long-term positive cash flows.
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25 June 2016 | 16 replies
However, the elephant in the room none of us had any comfort level for, was the roof.Now being the rainy season in Tennessee, it wouldn't be long before it would rain.
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2 March 2017 | 33 replies
Sure our entry levels are cheaper but if you found success at home.
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27 May 2016 | 5 replies
You need to know your business inside and out for 2 reasons.First, you want to talk a lot with these experts you’re going to hire in the other markets so you can test their skills and get comfortable that their expertise is at your level or higher.
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25 May 2016 | 11 replies
My Duplex total payment = 1,480 and the lower level pays me 1,200 while I live upstairs.
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26 May 2016 | 14 replies
Next level up is rehabbers who buy and renovate to resale.
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24 May 2016 | 10 replies
My intention is to do a contract for deed/rent to own deal like my mentor does, the reason being that I'd still have his mentorship in the process, great cashflow, and very low level of maintenance as I'll be around a hour away for college.
23 May 2016 | 8 replies
So, you're way ahead of most new to real estate.In recent years we've had a frenzy of new laws at the federal level, mostly with financing, tax changes and settlements.
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25 May 2016 | 4 replies
In the end, I never had to move or sell my house, I kept most of the rental property (for some reason she didn't think they were worth much or didn't want to deal with them), and was used to living on almost nothing, so once it was all over, it was like all of a sudden having a large amount in extra cash each month because it wasn't being spent immediately upon hitting the bank account. as a result of maintaining a level headed relationship with my ex however, we didn't need to liquidate or sell the business we still have (as our lawyers were trying to convince us to do)... hopefully in the end things will become very good for you also.