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Hello financially intelligent peopleHow do you not let your expenses grow with your income? This question has been on my mind lately due to significant changes in my financial situation (for the better, luckily).Let m...
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If you had the capital, would you wait for the correction or still invest now?I understand local markets will drive the ultimate decision, but it feels like every market I look:1) unemployment is through the roof in t...
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I have a few predictions about the economy, and am looking for the strategies of those who have a similar views. I'm not looking to discuss differing views, just if you agree with this view.First, I believe the econom...
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Hi there! I’m trying to work on being vulnerable about being new and my situation. I always tell myself - “I’ll start connecting when I’m more experience” when in reality, reaching out and laying my cards out might be...
Salutations!Thanks in advance for any response I might receive to this question. I am a newbie. I am interested in maximizing monthly cashflow through acquiring rental properties. However, being in Los Angeles, there ...
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Were any of you investing in STRs back in '07/'08/'09? I'm trying to understand how much (%) revenues drop in a down market so that I can factor this into my underwriting. Seems like most of us on here are relatively ...
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Hello everyone! I currently manage 3 Airbnb properties and was searching for purchasing my own Airbnb property. Because I am not financially prepared to purchasing property, It was suggested that instead of purchasing...
I am a big Dave Ramsey fan, and I have been for years. I am debt free, except for my house and intent to stay that way. Well, at least I intended to stay that way. I recently read Rich Dad, Poor Dad. Robert Kiyosaki's...
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Title kind of says it all. My father wasnt a great guy destroyed my credit and it could be years before i finish fighting all the damage he did and getting it removed from my credit history, and then actually establi...
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I am quitting my job in 18 months.
To cover a comfortable lifestyle I need an additional 30k in yearly rental income. I have a good amount of money saved up to buy homes with cash and then refi them but very littl...