13 December 2023 | 16 replies
They the turn their aggregated income all on paying off one property, get it done, and then move all their augmented aggregated income to the next property, get that done, and rapidly snowball all the money to paying everything off.There are all too many others, however, who base their business model on perpetual growth, think their spreadsheets are magic and will always work out month after month, smugly believe they've calculated for every possible manifestation of Murphy's Law that could hurt them, and just keep on acquiring and acquiring (and inflating and inflating their lifestyles) until something breaks their positive cash flow prediction model for a month or six and they go swirling down the toilet to a bankruptcy they never saw coming.When you owe someone money and you've committed to paying them over a schedule, there are always risks.
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30 May 2019 | 1 reply
@Gus Muller I bought a house in Coon Rapids in February and ran into the same issues and had to replace the sidewalks as well.
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14 August 2019 | 12 replies
The house is an attached SFR. 2 Bed 2 Bath. 1380 sq/ft in San Clemente, California less than 2 miles from the beach in a rapidly appreciating area.
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16 November 2016 | 20 replies
Yes, the concern is that foreign (far east) investors have been parking cash in Vancouver real estate and have left units vacant thus contributing to a shortage of housing that has caused rents to rise very rapidly.
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2 January 2014 | 10 replies
Month to month has been nice in areas where rent is rapidly increasing.
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29 September 2022 | 6 replies
Unfortunately, where I live the people's mindset is not similar to mine and I want to move somewhere where it is growing rapidly and there are plenty of opportunities.
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15 April 2018 | 146 replies
Additionally you can rapidly redeploy your capital to provide different returns, say instead of income you think there will be a bull market so you move to capital appreciation securities to take advantage.
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18 June 2007 | 2 replies
It is probable that even the prudent, more cautious investors are going to have plenty of time to make their move, because the conditions that are currently making moving overseas a more viable and intelligent option have both a fast and a slow evolution. ...and those factors are here to stay.
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20 May 2008 | 98 replies
How secure do you really feel when a "serious" candidate for President from one of our two major parties either does NOT believe in evolution, or worse, isn't sure if he believes.Right now I'm actively working to defeat any Republican I can find.
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9 December 2016 | 240 replies
I am assuming it snowballed as you generated more income and could reinvest that buying more rapidly.