Blog
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Is a Manufactured Home a Good Investment?
Is a Manufactured Home a Good Investment? Manufactured homes often provide a more affordable option compared to traditional homes, making them attractive for new homeowners and investors alike. Manufactured (or mobile) homes have been some of the highest cash-flowing assets I’ve personally invested in. These homes can come with advantages like lower upfront costs and…
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What Is An Offering Memorandum In Real Estate?
What Is An Offering Memorandum In Real Estate? When investing in real estate syndications, you’ll encounter two documents: an Offering Memorandum (OM) and a Private Placement Memorandum (PPM). An OM is a legal document that provides all the necessary information about a property, helping prospective investors and potential buyers make informed decisions. It includes details like: investment strategies…
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How To Build Wealth With RV Parks: A Guide to Thriving in the Great Outdoors
How To Build Wealth With RV Parks: A Guide to Thriving in the Great Outdoors Are you looking for a profitable investment opportunity that will allow you to build wealth while enjoying the beauty of nature? Look no further than RV park investing. With the increasing popularity of recreational vehicles (RVs) and the demand for…
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5-Year Plan: How to Achieve Financial Freedom with Real Estate
5-Year Plan: How to Achieve Financial Freedom with Real Estate What drew me to real estate investing was the idea of financial independence: creating enough passive income from real estate to cover my living expenses so I wouldn’t have to rely solely on my work as a dentist. Then, at 40, a wrist injury while…
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How to Reduce Credit Card Processing Fees In Your Practice
How to Reduce Credit Card Processing Fees In Your Practice Credit cards are convenient for both patients and medical/dental practices. They make it easy for doctors and dentists to collect payments immediately following an appointment. This convenience helps keep accounts receivables low and simplifies the billing process. However, while card payments are undeniably convenient, many…
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Can K1 Losses Offset Your W2 Income?
Can K1 Losses Offset Your W2 Income? One of the top (and most misunderstood) questions our Passive Investors Circle members ask is whether K-1 losses can help reduce their W-2 income. The good news is that for certain types of investors, K-1 losses can offset W-2 income, specifically if they relate to passive activities. Remember that…
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Should You Become a Dentist? Pros and Cons
Should You Become a Dentist? Pros and Cons Being a dentist can be a rewarding career choice. You get to help people improve their oral health and boost their confidence. Dentists often enjoy job stability and good pay. I decided in high school to pursue a career in dentistry and eventually trained as a periodontist.…
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Sudden Wealth Syndrome: How to Manage Wealth Without Losing Control
Sudden Wealth Syndrome: How to Manage Wealth Without Losing Control Suddenly, coming into a large sum of money can feel like a dream come true, but for many, it also brings unexpected challenges. Sudden Wealth Syndrome is a psychological condition that can lead to overwhelming stress, confusion, and even a loss of identity. While you…
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What is a Sponsor in a Real Estate Syndication?
What is a Sponsor in a Real Estate Syndication? In the world of real estate investment, a sponsor plays one of the most critical roles in ensuring a project’s success. Acting as both a general partner (GP) and a project manager, the sponsor handles the heavy lifting that transforms an idea into a profitable venture.…
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How to Calculate Straight-Line Depreciation: A Simple Guide
How to Calculate Straight-Line Depreciation: A Simple Guide Managing your business or practice’s assets effectively is essential for maintaining financial health. One tool that can simplify this process is the straight-line depreciation method, a widely used approach that evenly spreads the cost of an asset over its useful life. Whether you’re running a small business…
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What Is Preferred Equity in Real Estate?
What Is Preferred Equity in Real Estate? Preferred equity in real estate offers investors a unique way to earn returns while balancing risk and reward. It sits between senior debt and common equity in the capital stack, giving investors special privileges. You get priority in cash flow and profits compared to common equity holders, potentially leading to…
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Can I Retire on 3 Million Without Running Out of Money?
Can I Retire on 3 Million Without Running Out of Money? As you plan for retirement, you might ask yourself, “Is $3 million enough to retire?” With a $3 million nest egg, you could potentially enjoy a comfortable retirement, but it depends on several factors, such as your lifestyle, longevity, and investment strategy. For example, a…
