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31 December 2019 | 12 replies
When you turn 18, you'll be offered credit cards, but don't fall into debt like many Americans.
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20 December 2019 | 12 replies
I am not aware of a bank offering a HELOC style product on a non-recourse basis.Banks that offer non-recourse mortgages include First Western Federal Savings and North American Savings Bank.
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26 December 2019 | 9 replies
I love networking. 3) The need to go against many of the common beliefs we Americans have surrounding personal finance, education, real estate, etc.
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19 December 2019 | 0 replies
We were looking for a family house and my wife and I were expecting our 1st and 2nd child real soon.
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2 April 2020 | 7 replies
Much better house for the price.I am married and child free, with dual income.
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12 December 2020 | 10 replies
(if you are in the right market).2) The ability to buy cheap from moms and pops with huge room for upside in rent increases and occupancy increases.3) The ability to obtain seller financing (which is what got me into the business to begin with).4) The huge underlying value in being in an industry that has not allowed new construction since the 1970s.5) The low management intensity when you are just renting land.6) The only remaining sector of real estate in the U.S. where you can hit 20%+ cash-on-cash returns if you are smart.7) The win/win business model of bringing old mobile home parks back to life.8) The beauty of being in a business sector that is on the right side of every American megatrend.But there are also the following drawbacks:1) Suffering through a huge negative stigma that makes you embarrassed to even tell people what you do sometimes.2) Suffering through some city halls that hate mobile home parks and everyone associated with them.3) Suffering through media that assumes that anyone who owns a mobile home park is therefore evil no matter what you do.4) High levels of risk (and almost certain failure) if you do not conduct good due diligence.5) The endless risk of private utilities unless properly vetted.6) Learning to adapt to the customer base and being a good landlord that gets the job done in a friendly way.7) Not getting involved in the hysteria of some markets that offer little in the areas of returns or safety.I cannot emphasize enough that this is not a get rich quick scheme, but a get rich slow scheme.
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25 December 2019 | 19 replies
Not to verify the cost or attendance, but because he is trying to come up with a “strategy” (he calls it) to document that my child care costs will end soon, even though I’ve made it clear that we have no intention of ending child care.
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26 December 2019 | 11 replies
Also, with more than one child, being this a 2-bedroom apartment, I fear that they would move out soon, and I'd rather have them for longer term.
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1 January 2020 | 10 replies
Interested in hearing others' thoughts/opinion/advice.Spouse and I are both active duty military, one child (toddler), $85k in savings, zero debt.
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27 December 2019 | 4 replies
Hi all!
Property location: Mayfair Philadelphia
Situation: Both mother and son are alive. Mother paid off mortgage 10+ years ago on a house that is currently used as a rental. Wants to transfer to son completely. Qu...