INCREASING FINANCIAL LITERACY, INVESTING IN STOCKS AND ACHIEVING FINANCIAL FREEDOM.
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Every for-profit business requires positive Net Operating Income (NOI), including your rental property business. This calculation is used to analyze the profitability of income-generating real estate investments and equals all revenue from the property, minus all necessary operating expenses, excluding mortgage payments.
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Investments , REAL ESTATE INVESTMENTS
THE PANDEMIC IS CAUSING A RENT CRISIS, IS NOW THE TIME TO BECOME A LANDLORD?
There is no doubt that COVID-19 has caused an economic crisis in our country. However, it has not affected some parts of the country in the same ways that it has affected others.
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Recruiting an “A” team is key to achieving financial success investing in real estate. This team is spending your HARD-EARNED SAVINGS and you want not a good but a great return on investment dollars!
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401-K Plan , Investments , RETIREMENT
SO YOU DECIDED TO GIVE 3/4 OF A $$-MILLION TO A COMPANY WORTH $$-BILLIONS?
IT'S ALL ABOUT THAT MAGICAL 401K SILLY! A powerful means to grow your wealth is accepting YOUR matching contributions from an employer into YOUR 401K plan. Employer matching 401K contributions means the employer contributes a certain percentage of your compensation to your retirement savings. Because it is YOUR MONEY/PART OF YOUR COMPENSATION, companies must budget these matching funds. Approximately 15% of employees decline to open a 401K and hence decline the matching funds. Those ...
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Investments , REAL ESTATE INVESTMENTS
STEP #5: IS A PROPERTY MANAGER REALLY WORTH TEN PERCENT OF YOUR RENTAL INCOME?
The main downside of buying a rental has always been its management. Someone has to deal with the ugly three Ts: Tenants, toilets, and trash.
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Investments , REAL ESTATE INVESTMENTS
STEP #4: HOW TO FIND A GREAT INVESTMENT PROPERTY REAL ESTATE AGENT!
Find an agent that is experienced in rental properties. She or he know what a good deal is and what is a waste of time. A seasoned real estate professional will save you time, errors and money!
Read Moreflip.it/.AvQD9 Richard and Betty James had a great idea. But they had one thing that was even more important. As Inc. colleague Bill Murphy, Jr. tells the story in a recent edition of his excellent daily newsletter, Understandably, in 1943 Richard James was working on a way to use tension springs to keep instruments on ships in place when they encountered rough seas. One day he accidentally dropped one of his springs. The spring "stepped" down a shelf, ...
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Investments , REAL ESTATE INVESTMENTS
STEP #3: BUYING THE BEST MONEY MAKING INVESTMENT RENTAL PROPERTIES
INVESTMENT RENTAL PROPERTIES CAN MAKE YOU A MILLIONAIRE! Good news - there are great investment properties out there, you just need to find one. Here are five key steps to finding that great investment property:First find a Great Location Show Your Ability to Pay for the PropertyIdentify the Type of Property and How Much You Want to SpendHire the Right Real Estate AgentInternal Rate of Return >10% FIRST FIND ...
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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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