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29 October 2024 | 19 replies
you need little things like coffee pot, iron/ironing board, can opener, corkscrew.
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28 October 2024 | 7 replies
I have six kids, lots of fun having them, but the real work comes in raising them.
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27 October 2024 | 8 replies
Awesome board with many smart people having own suggestions and ideas to grow wealth!!
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28 October 2024 | 8 replies
Make sure your first property has no long-term cap ex coming like roofs, furnaces, sewer, etc so you know you won't get a 10k bill when you buy another one and lose profit on all across the board.
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28 October 2024 | 30 replies
After the sale of the company, we have:9-15 months of personal expenses in savings to live off ofStart with $100k cash and do micro flips to avoid the risk of a hard money lender and losing our tail if something doesn't go right or sell quick enoughOnce the house sells, reinvest all the cash back into the next flip and continue doing this until we are doing multiple flips at a time (he can manage 4 large projects at a time by himself, so we assume up to 4 active flips at a time eventually)Pros of doing this:No longer having to manage W2 employees/operations (this used to be my role but now that we have kids I want to stay home, not do this)Getting a larger chunk of cash to start flipping quicker vs waiting 1+ years to save enough cash for the first flipUsing cash reduces our risk of losing money with a hard money lender if the project takes longer to sell, rehab, etc.
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26 October 2024 | 4 replies
Without a VERY good and valid reason, it may be fraud.You may want to get an attorney involved and/or the appropriate state board.
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25 October 2024 | 22 replies
They anticipate small increases; these are always less that CPI so unless a landlord here is willing to go to the expense of petitioning the board the rents will in time always fall significantly below market value.
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28 October 2024 | 10 replies
Hope you still check this board or receive notifications...
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25 October 2024 | 2 replies
Additional income opportunities include leasing land for agricultural use, event rentals, horse boarding, and RV rentals.
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28 October 2024 | 46 replies
Honestly, the proper strategy at this moment would depend on a few factors that would be a bit difficult to get into on this board.