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4 August 2022 | 7 replies
The other important concept to know is that you may not cash flow that well this year.
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25 July 2022 | 9 replies
Under the legal concept of "tacking," the possession of each owner is tacked onto the possession of prior owners for purposes of determining the relevant time period.
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1 August 2022 | 2 replies
You hear a lot about a "50/50 split where one partner provides the cash and the other provides knowledge or sweat equity" really doesn't make sense.The concept is that investors make money off their capital or credit servicability.
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27 July 2022 | 6 replies
You'll want to learn more ways to increase your income now and in the future, keep your expenses low, and take the difference to invest into assets, real estate/business.My favorite concept from the book for someone in your position is the "Runway".
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8 August 2022 | 20 replies
@Andrew Low in addition to what everyone already said, the concept of OPM is more so to use as little of yours as possible.
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8 August 2022 | 4 replies
@Jason Kenney the concept of "cash-on-cash" returns is basically "How much money do I get from investing a certain amount of money".So in your example above, your "cash-on-cash" return is infinity.
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7 August 2022 | 1 reply
The crawl space was not really properly constructed in that was build with some basement concepts and come crawl space concepts. e.g. the insulation was in the joists with facing down - yet the mechanicals below that and with the opening to the basement, it is a "semi heated space" - which is good because the water lines are not insulated.
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9 August 2022 | 10 replies
Plus the fact you were able to expand that concept means you must’ve been on to something!
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24 August 2022 | 21 replies
I would love to be proof of this concept.
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8 August 2022 | 4 replies
I haven't completed a 1031 in the past and don't really have much concept of cost.