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11 May 2015 | 7 replies
I see too many novice investors on the side line while they set up an LLC, build a team, establish a marketing plan or whatever other BS someone told them to do before they get started, when the reality of the situation is that you will learn much more by doing that you will by preparing to do do something.
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11 May 2015 | 18 replies
I work with new investors all the time, and end up trying to help them navigate through all the stuff that they need to learn, but I won't go do an estimate on a house you don't already have under contract.If you establish a relationship with one or two GCs at an REIA meeting, you might find they're willing to do a couple walk-throughs with you on houses you're thinking about, and just float you a ballpark.
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21 June 2016 | 15 replies
As you establish cash-flow, you can double down and get another property and so on.2) You can find an investor who believes in your vision.
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20 May 2015 | 4 replies
repeat that and affirm it, then establish when she would like to do that.
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6 January 2016 | 50 replies
Within a year I would like to establish HELOC and pull the cash out of this house - then I will have principle/interest.As far as Taxes, I am ESTIMATING about 2K in taxes a year.
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31 May 2015 | 8 replies
Establish credit ( credit card/car loan) get job.Step 3.
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20 May 2015 | 4 replies
The second major problem is that it seems like the Gold IRA industry is very fishy, lawsuits are common and fake reviews are everywhere.So I have this idea which I'm not sure of its feasibility: Establish an IRA LLC, buy physical coins using the LLC's checking account and store it in my local bank safe deposit box.
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23 May 2015 | 0 replies
I just finished graduate school and am looking for a rental property to invest in long-term and sell the property after it has appreciated ~20% in 10-15 years.My budget is around 250-300K and I'm looking for properties (with little to no repair work needed) in up and coming areas of the city as well as in established areas where I can reach my investment goal of a ~20% appreciation in 10-15 years OR have positive cash flow from rent.
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25 May 2015 | 7 replies
Your daughter will learn how to be a tenant and she will be able to establish a rental history that could serve her well.
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16 June 2019 | 146 replies
When you use your credit card to buy goods in a retail establishment or online, who charges an addtional 2.75% interest to process your credit card?