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15 October 2023 | 43 replies
. $5M in stocks at 4% or more returns is a nice worry free lifestyle that will likely increase if you are single and do not need to spend more than 100K/year.
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10 November 2023 | 7 replies
In Florida look also at the Lady Bird Deed (or enhanced life estate).
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5 September 2014 | 245 replies
If your expenses and lifestyle needs are covered by your cash flow, than anything you do beyond that builds your net worth very quickly.
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10 November 2023 | 10 replies
These are often people making 600k to millions a year or higher in income but live 100k to maybe 200k lifestyles and invest the rest.4.
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9 November 2023 | 5 replies
I'm also on the lookout for networks or platforms that specialize in properties needing cosmetic enhancements, available at a more accessible price point.
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9 November 2023 | 6 replies
By this I mean the tax considerations should be made to fit around the best financial and lifestyle outcomes for you, it should not be the lead variable.
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1 November 2023 | 2 replies
Failing to do so may result in undesirable tenants and financial loss.Enhancements:Sometimes required due to market competition: For example, if all similar properties on the market have granite counters in the kitchen and your property has laminate, you may need to install granite to rent the property at market rate.Cost-justifiable enhancements: Changes that increase rent and have a reasonable payback period.The formula we use for estimating the payback period:Payback Months = (item cost) / (monthly savings or increased rent)For example, suppose the property has laminate kitchen counters.
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4 August 2021 | 109 replies
I think my current gig is called a 'life style' business.
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16 October 2023 | 0 replies
Also, sometimes you need to be honest with yourself about what you really want and the tradeoffs you are okay with on lifestyle, location, and paying a bit more.
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8 November 2023 | 0 replies
Adaptation: Enhance resilience against market shifts and conditions.If you're a ranch owner, are you open to diversifying your property's potential?