I wanted to address this to educate people who have been mislead by the financial services industry...not just Dave Ramsey Step 7 - Build wealth and give. This is where he want's you to "invest in mutual funds," and...
Why we don’t like ARR (Average Rate of Return)
It’s easy to skew the numbers.
Here's an example of a positive ARR of 12.5%, but the investment loss is $50.
Year 1
Start Value: $100
End Value: $25
...
Cost segregation is a great tax strategy when applicable. I certainly endorse it and implement it for my clients. Again, when applicable. What I cannot endorse is the misleading presentations by some cost segregation ...
Example . Period 2015 - Jan 2017. There were about 100( maybe more im not counting) of a certain kind of property for sale in a resort town Very good values. Low cash flow but great appreciation potential. ALL WE...
Well, finally I found a fair option. I low balled the seller and they came back with $5,000 over bid. It's fairly priced, not a mega deal, but just ok. I did not accept the counter-offer, and rather scheduled a sec...
We are currently under contract on buying a condo in Florida with a June 2nd closing date. The original MLS listing stated a number of things... 1: "Recent exterior building renovations have been completed, including...
I bought a condo in December 2016 in Naples Florida in a 55+ community and began renting it out to short term renters staring in January 2017 to the end of March. Our rules are clear, all tenants must be approved thr...
Just did a forum search and was a bit surprised that when the results had a "Last post by:" indicator that actually showed the original post to the thread (and not the most recent post). Seems a bit misleading to me....
Hello,I recently had a deal fall through that I need some advice on. A property that I own was on the market. An offer was received that I accepted. On the initial agreement, it clearly stated that the buyer was go...
I'm currently learning about the Weighted Cost of Capital (WACC). From what I understand, it is a formula used to determine the true cost (in percentage terms) of financing an investment when using both debt and equit...