IT’S ALL ABOUT THE LOCATION SILLY

IT’S ALL ABOUT THE LOCATION SILLY Over the past 30+ years, I have purchased seventeen investment properties.  Some HORRIBLE (I sold) and some great (Still Own).  Here are my lessons to help you find a great location that generates high rents and above average long-term returns. FINDING GREAT RENTAL PROPERTY LOCATIONS  WOULD YOU LIVE THERE?   WOULD YOU LIVE THERE?  I made the mistake of buying five properties, I would never voluntarily live.  Yep, I sold those five, AT ...

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LEVERAGE FOR LACK OF A BETTER WORD IS GOOD!

In the 1987 movie, Wall Street, actor Michael Douglas as Gordon Gekko, said, "Greed, for lack of a better word, is good."  The reality is  greed wrecked our economy causing the 2008 Real Estate and Stock Market recession!   Greed may put some Kodak Company executives in prison for alleged insider stock trading.  So, let’s replace the word greed with LEVERAGE. Leverage/Debt is a powerful tool, when SMARTLY utilized in real ...

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A BRICK-MASON’S JOURNEY TO BECOMING A  MILLIONAIRE!

   I grew up in small southern town in North Carolina (NC) where there were more  chickens than people. In High School, my classmates self-divided into two groups being those who applied to college and those who wanted to immediately work after graduation.  Since birth I heard, “you are going to college OR ELSE” so I applied to college and graduated with a degree in Chemical Engineering.  One of my classmates ...

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2020 WAS THE RIGHT TIME TO INCREASE MY REAL ESTATE PORTFOLIO BY $1 MILLION

  COVID - 19 has drastically reduced tax revenues while also increasing the expenditures of: Cities, Counties, States and the Federal Government.  So what are the plans to close the Billions in gaps?  Look in the mirror!  Politicians tend to stick to their tried and true option of RAISING OUR TAXES.   In anticipation of high taxes climbing and the escalating violence in some cities; thousands of homeowners are fleeing the highest ...

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ANYONE CAN BUY STOCKS – READ THIS IF YOU WANT TO MAKE MONEY!

  Since the March crash, the stock market is on a bull run and new investors are jumping in the pool!  Just in March 2020, more people opened an account with E-Trade than all of 2019!  Several of you have asked my advice on buying individual stocks. A STOCK PRICE CAN DO THREE THINGS:  Go Up Stay Flat Go Down. You and I want to invest in companies whose shares are going up.  ...

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BUYING FRACTIONAL SHARES CAN MAKE OR LOSE YOUR HARD-EARNED MONEY

  Both major and small brokerage firms, such as Fidelity and Charles Schwab now permit the purchase of fractional shares. A fractional share purchase allows you to buy a small portion of a stock, with as little as $5.00. Meaning you can own a fraction of an expensive stock like Amazon or Tesla.  {Not recommending these stocks!}    BROKERAGE FIRMS ALLOWING FRACTIONAL SHARE PURCHASES BROKERAGE TRADING FEES ACCOUNT MINIMUMS and MINIMUM SIZED FRACTIONAL SHARES Charles Schwab $0/trade $5.00 minimum ...

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BLACK LIVES MATTER AND YES, ALL LIVES MATTER by Contributing Author: Brenda Cannady

"Black Lives  Matter!!! And for the folks in the back row, let me say it again, BLACK LIVES MATTER. And yes, also All Lives Matter: Children’s Lives Matter, Indigenous Lives Matter and Animals Lives Matter too. Every life form that God has whispered the sweet breath of life into matters. Recognizing the problems and inequities with an intention to provide resources and corrective actions to reform conditions in one group, ...

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INVESTING IN STOCKS IS COLOR BLIND – WHAT IS STOPPING YOU?

    Albert Einstein stated, “Compound interest is the 8th wonder of the world. He who understands it, (the financially literate) earns it; he who doesn't, pays it.”   Compounding normally refers to a bank account, and generally means you will collect interest on your money. Moreover, compounding also applies to other investments such as real estate and stock ownership. Example- On January 2, 2020, you purchased one share of Powers, Inc., at a price of ...

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