Blog
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What Happens to Your Financial Future When You Don’t Learn to Save?
What Happens to Your Financial Future When You Don’t Learn to Save? Good financial habits start young, and the earlier you build them, the stronger your financial future. Learning to save early creates long-term stability, giving you the freedom to make smart financial decisions without stress. Without a solid savings plan, even doctors and dentists…
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Top Strategies to Defer Capital Gains Tax and Reduce Taxes
Top Strategies to Defer Capital Gains Tax and Reduce Taxes When selling investments like stocks, mutual funds, or real estate, investors often have to pay capital gains tax. The Internal Revenue Service (IRS) considers any profit from the sale of an asset as taxable income, which must be reported on a federal income tax return. …
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Loans For Mobile Homes in Parks: What You Need to Know
Loans For Mobile Homes in Parks: What You Need to Know Buying a mobile home in a park is an affordable way to own a home. The right loan lets you enjoy living in a community while keeping your payments low. You have several options to finance your mobile home. These include FHA (Federal Housing…
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Venture Capital vs Hedge Fund: What’s the Difference?
Venture Capital vs Hedge Fund: What’s the Difference? Many investors focus on the stock market to grow their wealth. While mutual funds and traditional investment funds are solid options, alternative investments like venture capital, private equity funds, and hedge funds can offer high returns and better diversification across asset classes. But what do these types…
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AI and Venture Capital Trends: How Technology is Changing VC
AI and Venture Capital Trends: How Technology is Changing VC Why Should Doctors Care About Venture Capital Trends? As a high-income professional, you’ve spent years mastering your craft in medicine or dentistry. But when it comes to investing, many doctors rely primarily on public markets, real estate, or financial services. While these strategies can help…
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What Is Lot Rent? A Guide to Mobile Home Parks
What Is Lot Rent? A Guide to Mobile Home Parks Mobile home parks offer an affordable housing option, but understanding the costs involved can be tricky. One of the most important expenses to consider is lot rent—a monthly fee paid to the mobile home park owner for leasing a parcel of land in a manufactured…
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Distressed Property – What They Are and How To Find Them
Distressed Property – What They Are and How To Find Them Distressed properties can be a goldmine for investors looking to buy real estate at a lower purchase price. Whether you’re searching for bank-owned properties, short sales, or foreclosure sales, knowing how to find and evaluate these opportunities is key to securing the best deals.…
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Real Estate Syndication Tax Benefits Explained
Real Estate Syndication Tax Benefits Explained Real estate syndications are a powerful investment strategy that allows individuals to pool money together to buy larger properties—like apartment buildings, RV parks, mobile home parks, or retail centers—that would otherwise be out of reach for a single investor. This approach opens doors to lucrative real estate investments and comes with…
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What Is Going-In Cap Rate? A Complete Guide for Real Estate
What Is Going-In Cap Rate? A Complete Guide for Real Estate The going-in cap rate is an important tool for real estate investors. It shows the potential return on an investment property when it is first bought. To figure out the going-in cap rate, you divide the property’s expected first-year net operating income (NOI) by…
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Investing in Tax Liens: An Effective Passive Income Investment
Investing in Tax Liens: An Effective Passive Income Investment Investing in property tax liens can be a unique way to generate income and diversify your portfolio. When property owners fail to pay their property tax bill, local governments create tax liens by placing a legal claim on their real property. By purchasing these liens, you…
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Commercial vs Residential Real Estate: Which Is Better?
Commercial vs Residential Real Estate: Which Is Better? If you’re a high-income professional stepping into real estate investing for the first time, then one of the first questions to ask is, “Is commercial or residential the best place to start?” Understanding how each type aligns with your financial goals is key, considering their risks, potential…
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A Dentist’s Take on Dave Ramsey’s Baby Steps
A Dentist’s Take on Dave Ramsey’s Baby Steps Dave Ramsey’s Baby Steps has really made a name for itself as a go-to personal finance framework in America. They lay out a structured, step-by-step guide about: getting your finances under control getting out of debt building up your wealth From the get-go, I saw the Baby Steps as…