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23 February 2017 | 19 replies
I like to show how important the "compounding" effect is to money, and how only in REI can you truly "compound" your initial cash investment...without ever spending it.I start it off by having my audience write down this sequence of numbers: "1073741824"...twice, and then tell them "we'll come back to them later".I found that just giving my audience, whoever they are, the cold numbers at the end, down't have the same impact as walking them through the process...using animation, but I don't know if this would apply to you.
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27 February 2017 | 10 replies
I just had a staircase that was really rough re-plastered in a skip-trowel pattern and it looks great and was cost effective.
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16 February 2017 | 4 replies
If you are pumping out a bunch of offers...a letter of intent is going to be much more effective on your use of time than putting together a whole contract
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21 February 2017 | 4 replies
I honestly think bringing 50 houses under contract quickly would be a recipe for disaster because it would be the classic "grow too fast and fail" effect.
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21 February 2017 | 22 replies
Allowing criminals to simply walk away scot free is a unfortunate side effect of having so many unprofessional landlords.
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21 February 2017 | 5 replies
You need a different CPA.. he want you to change your legal structure so "financial reporting" is less of a headache... financial reporting is what you are paying him to do for you..Two other points:I am sure that the bank will not care who is on the LLC if your wife co-signs the loan.The point of an LLC is liability protection, it does not matter if it is sole member or multi, as long as you keep it separate you are okThird bonus point: if you file jointly, the change will not effect your taxes.
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4 April 2017 | 94 replies
When a PM is effective, screens well and performs to your satisfaction - - smile and write the check!
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29 June 2017 | 34 replies
My property manager has suggested that I send out a letter at the beginning of March describing what the rental increase will be and that it will be effective April 1 and require a new one year lease (6 tenants are on month to month) his reasoning is that if we are to have vacancy it is best in the spring/summer.
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2 March 2017 | 18 replies
Between the podcasts and online content, BP has had a tremendous effect on my REI path.
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21 February 2017 | 6 replies
Class of property and rent rates can also effect Vacancy rate.