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20 March 2013 | 6 replies
I recommend you explore areas within 30 min drive from your locale and explore if you can make positive csh-flow purchases in your area.Use redfin.com and homeseekers.com to see what is available in the desirable zipcodes.Analysis are simple: rule of the thumb is at GRM (Gross Rent Multiplier) this is a fancy term for a just a quick simplistic evaluation were property price is divided by gross yearly rent.Usually, 6-7 will produce positive cash-flow, 8-9 break-even, 10 or more is negative cash flow.There are other calculations, but this one is quick and dirty.I can tell you that you will find out that property located in not s good areas (mine are in South LA) will be more profitable, but you have to explore your market ..
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25 March 2013 | 27 replies
But using two seperate contracts always works and using a contract that incorporates a lease and an option only in limited situations simply is nothing more than a seperate product to be marketed, it serves no unique function that would not be accomplished with two agreements.You need to begin at the beginning to understand concepts used to buy, use or control a property.
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10 March 2014 | 24 replies
I've been exploring the pathways of raising capital for new projects, which led me to crowdfunding.
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20 August 2013 | 3 replies
Every state has unique laws.
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21 August 2013 | 7 replies
Every person is unique and so is the situation.
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29 September 2013 | 18 replies
Do some habitat builds, intern for a commercial real estate company... take adavtage of the unique envirent of college.
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27 September 2013 | 7 replies
Otherwise, the advice may be incorrect and cause you harm.Every state has unique laws.The attorney will review your specific situation and then provide the best advice and options for your specific needs with a consideration for your future.
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28 September 2013 | 4 replies
Every property is unique, every situation is unique, every seller is unique, and your goals are unique.Therefore, what will work or is acceptable to me may not be to you.Finance options are basically limited by one’s creative mind.
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1 October 2013 | 25 replies
(Don't get buried with debt that could choke a horse by going to an out of state private school, If your passion is to teach elementary school, there are more economical ways to get your degree to make that happen.) 2) Explore new things to find something you are passionate about. 3) Observe & learn what drives human behavior 4) Learn how to use a Financial Calculator & understand how powerful a tool it is in your financial life. 5) Build & maintain good habits 6) Develop great relationships, surround yourself with trustworthy, hardworking, honest, & passionate people. 7) Develop a thirst for knowledge & never stop learning.
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12 January 2014 | 10 replies
My goal is to own enough that the cash flow allows us to retire, when he is done with the military.Pros-*Can use primary residents to become rentals so less money down*Get to explore tons of different towns to evaluate investment possibilities*Can use the VA loan for multiple properties as long as you don't exceed the maximum VA allowance*Understand Tenant needs and cater to them*Maximize Long Term Rental by renting to fellow military*Can save management fees by handling it yourself through the connections you made while you live in the town.Con-*Military can be a demanding schedule.