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Rents are shooting up in many metros, including GRE cities.
Cyclically, housing prices shoot up first. Rent raises follow.
Inflation is hot: CPI is up 5.4%, PPI up 7.3%.
Tom Wheelwright, CPA of Wealthability joins us.
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“DON’T FOLLOW MONEY; MAKE MONEY FOLLOW YOU.”
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This is the exact modest four-plex that I bought in 2002. It was the first home that I ever owned of any kind. It is in midtown Anchorage, Alaska, a city of 300,000 residents.
My mindset and investing philosophy can be summarized by the Robert Kiyosaki quote, “Don’t live below your means. Expand your means.”
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Personally, I like 40-year mortgages more than 30s. It would lower your payment amount and increase your cash flow. It slows your leak of cash into equity. That's good, because financial freedom is achieved when money flows the opposite direction - equity into cash...
I come from a great family. My brother and I grew up loved by two parents in a stable home. They still live in the same, humble, 1900-built Victorian house in upstate Pennsylvania. They have owned it continuously since 1974. I'll soon celebrate my parents' 50th...
Solve Barriers to Investing in Real Estate
The QRP is better than a Self-Directed IRA. You get checkbook flexibility, control, and avoid paying the SDIRA’s little-known tax.
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