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Rich vs Wealth
As I have been taught, the difference between rich and wealth is rich people work for money; wealthy people have their money work for them.
To illustrate, some professional U.S. athletes ...
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Hey!So how is everyone handling the increased development costs, particularly the dramatic increase in lumber prices?I have started to see people put projects on hold hoping that material costs come down, but will the...
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Hi All,I’ve been in the waterpoofing business for over 12 years and have been reading up a lot lately about REI. I live in Bay Area (Northern California) and planning on starting my real estate investment portfolio. C...
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I’m going to Tampa, FL to take Lea Kearney’s 5030 experience wholesaling course in January 2018. Has any one taken his course before or is anyone interested in joining this course?
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My architect and I designed a 3 story townhome. Initially, he had a standard walled-in staircase on the second level but I found a metal guy who provided this unique open staircase concept with just a metal rail bar w...
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Hi all,
I’m interested in purchasing my first property by way of house hacking a multifamily property. I’m pre-qualified for a mortgage. My question is should I pay down debt (student loan, car) before investing or j...
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Hey everyone,I have a fairly ignorant question, and have read a bit on the matter. But everyone’s situation is different and it’s hard to gauge this wild market so I wanted to put my question out there.I have a house ...
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Hi everyone - My husband and I reside in CA and looking to purchase our first STR. Any tips/pros and cons on where to invest which will provide good cashflow? We will hire a property manager so that will be 20% commis...
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Hello,
A little backstory on my situation. I inherited a fully paid off single family rental property in 2019. At that time, we decided to leave it as is and continue to rent to the long term tenant. He passed last m...
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What do fellow investors think of selling investment property that is paid for 100 percent.Acting as bank. 30 years of payments. What are costs associated with foreclosing process.What are other benefits and pitfalls