Your sphere of influence is what will help propel you to financial independence. Make sure you nourish it. My first understanding of the power of influence came as a 21 year old at 1 New York Plaza, New York City. During a job interview with a sales trader at Goldman Sachs, I remember him telling […]
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There’s an old saying in real estate, “Money is made on the purchase, not on the sale.” In this post, I’ll explain what money is made on the purchase means and why it’s so true. Getting a great deal on a real estate purchase is very important. And there are so many things we can
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My latest mortgage refinance based on relationship pricing was one of the most frustrating refinance experiences ever. Relationship pricing should help you get a lower mortgage rate. However, you may have to jump through more hoops than you want. As part of the agreement to get the best mortgage rate possible at the time, I
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Are you wondering when to sell an investment property? If so, you’ve come to the right place. I have owned investment properties since 2003 and I’ve also sold an investment property before. I’m thinking of selling another investment property since I recently bought a forever home and don’t want to manage so many rentals. Overall,
When To Sell An Investment Property: Every Indicator To Consider Read More »
Ever wonder what it’s like living in a multi-million dollar mega-mansion? Well, you’re in luck! I got to stay for a week in a mega-mansion and it was a wonderful experience. Dreaming is the best since it’s fun and free to do. At least once a month, I dream that I can fly. The best
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After a home sale, you will hopefully be flush with cash. However, reinvesting proceeds after a home sale is important if you want to keep up or beat inflation. Therefore, here are some investment ideas to consider after selling your property. Thanks to inflation, you need at least a $3 million net worth to be
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I’m on record saying that buying a vacation property is a suboptimal investment. But that’s also because I bought a vacation property in 2007, right before the market really took a dive. This post will discuss the only time you should consider buying a vacation property if you insist on not taking my advice. Perhaps
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In the great debate between real estate versus stocks, I give a slight nod towards real estate. When I was young, I wanted real estate because having it felt like I had arrived. Now that I’m middle-aged, I want real estate so I can provide a stable environment for my family. After taking over 500
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If you want to save money on property tax, please don’t call the assessors office to update your city property records. Instead, let the inefficient, bureaucratic machine take its sweet time! The property assessor’s goal is to try and extract as much money from homeowners as possible. Your goal as a homeowner is to save
To Save Money On Property Tax Don’t Update Your City Property Records Read More »
Applying for a mortgage today is truly one of the most eye-opening financial experiences ever. The financial crash has made getting a mortgage much more difficult. This is disappointing since the financial crash has brought mortgage rates down to all-time lows in the new decade. I now know why many consumers had absolutely NO CHANCE in
Proof Banks Caused The Financial Crash: The Cancer Of MORE Read More »
