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  1. CashFlowDepot

    Preparation for RE portfolio

    REAL ESTATE 
    MattCour. You're right there is a lot of discussion on bigger pockets about a variety of topics including seller financing. Did you know that some of what is recommend at bigger pockets is a Dodd-Frank violation? SEC (securities and exchange commission) violations? SAFE Act Violations? If...
  2. CashFlowDepot

    How to Make $49,000 in 4 Weeks Without Using Banks or Credit

    REAL ESTATE 
    ShadowX On the young side...You need to be old enough to legally sign a contract or have someone else who will sign for you. I think that is 18 years old in most places. My kids both did their first deal the week they turned 18 (with a little help from Mom) On the older side... there is...
  3. CashFlowDepot

    Question for Jackie

    REAL ESTATE 
    Roc Thanks! Glad you like the posts about Options. To find great real estate opportunities, you don't look for properties - they are all over the place. Instead, you look for MOTIVATED SELLERS. These are people who desperately need to sell quickly for one reason or another. Here are some...
  4. CashFlowDepot

    422% hike on renouncing citizenship following FATCA and global tax reporting laws!

    TAXES | REGS 
    If you are stateless, you cannot travel outside the country. That would not cut it for me. I love to travel ... often. With my residency visa, I only have about 18 months to go until I qualify for a passport. But it sure would be great to get one faster.
  5. CashFlowDepot

    Preparation for RE portfolio

    REAL ESTATE 
    My advice is to learn how to do wholesale flips. get options, and do Highest Bidder Sales. With these techniques, you do not need to buy the house or fix it up yet you will generate a lot of cash quickly. For each rental/investment property you buy, put it on a rapid pay off plan using the...
  6. CashFlowDepot

    How to Make $49,000 in 4 Weeks Without Using Banks or Credit

    REAL ESTATE 
    That is great news Random Number 314. If you just follow the information I have provided (and you have a good option price), you will have great success! YOU CAN DO THIS!!!!!
  7. CashFlowDepot

    Angel of Justice by Mike Carnegie

    BOOKS 
    This is a political thriller filled with twists and turns and sex. Great read with a surprise ending. http://www.amazon.com/dp/1942226004/?tag=tff-amazonparser-20
  8. CashFlowDepot

    Is Dubai the "Galt's Gulch" in reality?

    Not unless you have very deep pockets. Last month I had a couple from Abu Dhabi on my Panama Relocation Tours. They said a small apartment is $75,000 a year US and you pay a year in advance. You can get something outside of town for $40,000 per year US. Something like 80% of the country...
  9. CashFlowDepot

    17 year old becoming location independent

    Last year I wrote a little ebooklet called Fund Your Life Overseas - it is free on my web site or 99 cents on amazon. It has a lot of ideas about how to make a good living while living overseas - even a portable income see http://panamarelocationtours.com/fund-your-life-overseas I live in...
  10. CashFlowDepot

    How to Make $49,000 in 4 Weeks Without Using Banks or Credit

    REAL ESTATE 
    You decide how long the option lasts. It is written in to your agreement. Usually I allow 30 days for the initial option with a 30 day extension for closing after the Highest Bidder Sale. 1. You are not acting like a broker. You have an equitable interest in the property because you...
  11. CashFlowDepot

    How to Make $49,000 in 4 Weeks Without Using Banks or Credit

    REAL ESTATE 
    Yes it will work anywhere Yes it will work anywhere, including Michigan. Do not work with the people who want you to find deals for them - then they make all the profit instead of you. You should have your hard money lender at all the Highest Bidder Sales to pre-qualify buyers on the spot...
  12. CashFlowDepot

    How to Make $49,000 in 4 Weeks Without Using Banks or Credit

    REAL ESTATE 
  13. CashFlowDepot

    MultiCurrency Investing

    One of the best ways to protect your hard earned dollars is to diversify in to multiple currencies instead of holding all your assets in one currency. If you think, like I do, that the US dollar may not be the reserve currency soon, then you need to learn how to spot good currency...
  14. CashFlowDepot

    How to Make $49,000 in 4 Weeks Without Using Banks or Credit

    REAL ESTATE 
    Like dating, there is definitely an ART to the process. You can't just say, hey give me a contract on your house so we can do a Highest Bidder Sale. That will not work.
  15. CashFlowDepot

    23 Year Old Surfer Girl Killing It in Panama

    MINDSET 
    This yound lady has her head screwed on right. No excuses. No pity parties. No what should I do. No looking back. She just makes it happen..in a big way...in Panama www.PermanentlyPanama.com Good lessons for everyone regardless of where you live.
  16. CashFlowDepot

    Buying on credit with no source of income

    Go buy a $500,000 house. You don't need to spend a $1,000,000 on a place to live. Warren Buffet is not living in multimillion dollar house just because he has a lot of money.
  17. CashFlowDepot

    Buying on credit with no source of income

    I'd like to also add that true wealth is not oweing money on a lot of shiny objects. You'd be surprised how little cash flow you need to live when your house is paid for, your cars are paid for, you have no credit card debt. That is TRUE financial freedom!
  18. CashFlowDepot

    Buying on credit with no source of income

    If you make a couple million when you sell your business why in the world are you getting a LOAN to buy a house???? Pay Cash for the House! Just don't blow the whole wad on a damn place to live. If you own the house free and clear you don't have to worry about payments on a loan.
  19. CashFlowDepot

    422% hike on renouncing citizenship following FATCA and global tax reporting laws!

    TAXES | REGS 
    Even a CPA can screw up your tax returns. Mine did. I knew the return was not right and tried to point out various problems. I owed $26,000. He did not seem wiling to make the corrections and was insulted that I did not think he did the return correctly. So I hired a different CPA to do the...
  20. CashFlowDepot

    What book are you reading? Right now. Post up!

    NOTABLE! HOT! BOOKS CHAT 
    Demographic Cliff by Harry Dent This also revealed that in the US 10,000 people a DAY are turning 65 and 4,000 people a DAY are turning 85 This creates huge opportunities but will further cripple the US government I think

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