Then I'll leave the rest in my company's account to show as reserves to borrow money to buy some manufactured home communities and some apartment complexes that'll give me positive cash flow each month and just keep building wealth that way without having to use my own money.Most importantly, I'll make sure that I have an excellent tax strategist/financial planner on my team to make sure that I don't lose as much in taxes.Once I'm generating enough cash flow each month from my holdings, I'll travel the world with my family then settle back down when the kids start going to school.

The ones in Texas may also have had higher expenses due to the higher property taxes there.In any event, I think assuming 45% (or 50%) without doing your due diligence on the specific property can be dangerous.

The owner also refuses to expand in bringing in new alcohol, new music, more gambling machines, or new events. this would probably bring in $50,000 more each year.

Scott told me that I would have to pledge the 401(k) as collateral and that the bank could reach it in the event of a default.

Welcome to the Boards We have networking events all over Greater Chicagoland.

I was recently in Bay County and met with Panama City Beach's city planner.

I am a mortgage broker in FL; in the event you are asking.

If you are going to grow past 10 or 20 rentals you are going to have to go commercial in any event.2.

Stuff is changing every day in any event.

Each of these activities is a singular event leading to a singular payout.