Many misconceptions about Ukrainian girls and women are circulating online. I often read posts and even answers to questions on reputable websites that get the most hits and are written by people who have never been to Ukraine or dated a local girl. For some reason these people believe they are qualified to judge the women of an entire nation, […]
Understanding Real Estate and Property Life Interest
Life interest is the smallest freehold estate known to law. This ownership gives the owner the right to enjoy the land only for a lifetime, usually his own. At the end of life, the estate ceases to exist, so there is nothing that can be inherited by the deceased owner’s heirs. The two main types of life interest are: (1) […]
Revenue-Based Financing for Technology Companies with No Tangible Assets
WHAT IS INCOME-BASED FINANCING? Revenue-Based Financing (RBF), also known as Royalty-Based Financing, is a unique form of financing provided by RBF investors to small and medium-sized businesses in exchange for an agreed percentage of a company’s gross revenue. The capital provider receives monthly payments until its invested capital is repaid, along with a multiple of that invested capital. Mutual funds […]
Avoid dealer status when changing house
Any investor who sells more than one or two properties a year will find themselves in trouble with the IRS qualifying them with “dealer status” for tax purposes. This is extremely dangerous stuff. Dealers, like real estate agents, are considered self-employed and are subject to the 15.3% self-employment tax. Worse yet, a dealer can’t pay taxes in installments when he […]
Are Raleigh Cary and Durham-Chapel Hill in competition with each other?
There’s no doubt about it: the Triangle area of central North Carolina is one of the best places to live in the US. Numerous surveys and studies have shown this over many years. I was reading a local Durham blog called Bull City Rising which prompted me to write this post. The blog raises an interesting point: do we feel […]
How to Build Your Own House – Lesson 2 – The Building Lot – Part IV
A. What to check with local government agencies The city government will normally govern you if you are building within the city limits. If it is outside the city limits, the county government will govern it. Even if you are in the county, if you are near a city limits, check with the city to make sure they do not […]
Book Summary: Guide to Investing in Gold and Silver – Written by Michael Maloney
This is a great educational book on real money. Mike reviews sound money principles that have endured throughout human history. One thing is consistent and that is that gold and silver are real money. In today’s world of fiat currencies, gold and silver are tools you can use to preserve and protect your wealth. Mike goes over the differences between […]
How to save a lot of money when investing in houses that need fixing! 5 tips to learn how to make repairs
Let your knowledge of investment property repair grow like plants in a garden. Follow my advice and you will be prepared to respond to any problem. This is how I learn new skills: Stick to experts like Glue Always be available to help when handymen or contractors are working on the house. Ask questions. Take mental notes on how things […]
Do you have a whole house humidifier? You better have a UV light system too!
Whole house humidifiers and portable room units can be a good way to put needed moisture back into the air in your home, preventing allergy and asthma attacks, and other respiratory problems. Here’s one thing to be careful about, though: Since a whole-house humidifier is adding moisture to the air passing through the ductwork (where mold and bacteria often live), […]
Should you spend $3,500 to save on your mortgage?
The company just wants to help Americans pay off their homes faster and make a lot of money while helping them. So why do many people call it a scam? There are websites about it, blogs about it, and even some forums that discuss whether or not United First Financial is a scam. United First Financial is the company behind […]