Blog
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Boat and RV Storage: The Passive Income Stream for 2024
Boat and RV Storage: The Passive Income Stream for 2024 I’ve invested in several self-storage facilities and RV parks. These are some of the top cash flowing assets I’m involved in, but it also opened my eyes to something else. People need a place to store their toys like RV, boats, jet skis, etc. Enter…
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Why Learning From Failure Is The Key To Success
Why Learning From Failure Is The Key To Success The journey to success is often paved with failures. In life, it’s essential to recognize that failure is a crucial aspect of the learning process, and it’s how we can develop personal growth and resilience (too bad they didn’t teach us this in school!). By understanding…
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How Much Does It Typically Cost to Build an RV Park?
How Much Does It Typically Cost to Build an RV Park? Thinking about starting your own RV park? It’s a great way to make money, especially with so many people enjoying RV travel. But before you dive in, there’s a lot to think about. Building an RV park isn’t just about buying some land and…
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Buy Borrow Die – How Elon Musk Pays Less Taxes Than Doctors
Buy Borrow Die – How Elon Musk Pays Less Taxes Than Doctors More than likely, if you’re a high income earner, then it’s safe to say that you pay the federal government a boatload of taxes each year. But how is it that the richest Americans (i.e. Elon Musk, Jeff Bezos, Warren Buffett, etc.) can…
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Powerful Quotes on Being Grateful: Cultivate Your Attitude
Powerful Quotes on Being Grateful: Cultivate Your Attitude An attitude of gratitude is a powerful tool that can help people live happier, more fulfilling lives. Gratitude quotes can serve as a source of inspiration and motivation for those seeking to cultivate this mindset. Understanding gratitude quotes involves recognizing the importance of gratitude as a mindset…
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Financial Freedom vs Financial Independence: Key Differences
Financial Freedom vs Financial Independence: Key Differences Have you ever wondered about the difference between financial freedom and financial independence? These terms often get tossed around in personal finance discussions but aren’t the same. Financial independence (FI) is all about reaching a point where your passive income – money you earn without actively working for…
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Navy Seal Mindset Secrets: Success Through Mental Toughness
Navy Seal Mindset Secrets: Success Through Mental Toughness The Navy SEALs are one of the most elite forces in the world, known for their physical and mental toughness. While their rigorous training and missions may seem out of reach for most people, there are valuable lessons to be learned from their mindset. Their mindset can…
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The Gap And The Gain Summary by Dan Sullivan and Dr Benjamin Hardy
The Gap And The Gain Summary by Dan Sullivan and Dr Benjamin Hardy Do you feel that no matter how much you accomplish, there’s always another goal or level to reach? This constant pursuit of improvement can be both motivating and exhausting. But what if there was a way to feel fulfilled and happy with…
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Can You Take Bonus Depreciation On Rental Property?
Can You Take Bonus Depreciation On Rental Property? The Internal Revenue Service (IRS) states that bonus depreciation enables business taxpayers to deduct a large portion of the eligible asset’s cost during the first year of its purchase. The remaining cost can then be distributed over several years through regular depreciation until it’s completely phased out.…
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Triple Net Lease Meaning And Benefits In Real Estate
Triple Net Lease Meaning And Benefits In Real Estate A triple net lease, also known as an NNN lease, is where the tenant pays all property expenses, including taxes, insurance, and maintenance, in addition to their rent. This shifts financial responsibilities from the owner to the tenant, making it favored by commercial landlords to reduce…
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31 Inspirational Quotes That Hit Hard When Life Gets Tough
31 Inspirational Quotes That Hit Hard When Life Gets Tough Quotes that hit hard aren’t just words; they’re wake-up calls that shake us to our core. They’re the kind of sayings that make you stop scrolling on your phone and think, “Wow, that’s exactly what I needed to hear right now.” Whether they come from…
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Residential Assisted Living: Investment Guide
Residential Assisted Living: Investment Guide Residential assisted living investing is an increasingly popular area of focus for those looking to capitalize on the growing demand for senior housing options. As the Baby Boomer generation ages, the demand for comfortable, specialized living environments tailored to their unique needs has risen tremendously. Investing in residential assisted living…