$ WEALTH BUILDING POWERS

by Powers Investments Management, LLC September 21, 2020
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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by Powers Investments Management, LLC September 8, 2020
INVESTMENTS , REAL ESTATE INVESTMENTS

STEP #2: 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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by Powers Investments Management, LLC August 24, 2020
FINANCIAL LITERACY , REAL ESTATE INVESTMENTS

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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by Powers Investments Management, LLC June 22, 2020
FINANCIAL LITERACY , SAVINGS

LEARNING TO MANAGE YOUR BUDGET LEADS TO WEALTH!

  Najee Hannigan, a 26-year old entrepreneur from Philadelphia, encouraged his friends and cousins to put aside $50 a week so that they could all collectively invest in something big. Two years later, they have successfully accumulated enough money to purchase their first own real estate property.  THE POWER OF BUDGETING!  They will also use budgeting to manage renovation cost and successfully rent this property.  Congratulations Majee Hannigan and friends.   2020’S UGLY ...

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