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Category:

MONEY

  • MONEY

    Consequences Of A Limited Partner Not Meeting A Capital Call

    by MISSISSIPPI DIGITAL MAGAZINE August 29, 2024
    by MISSISSIPPI DIGITAL MAGAZINE August 29, 2024

    Last month, I missed a $25,000 capital call without even realizing it. The Managing Partner of the fund, a friend I’ve known…

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  • MONEY

    A $20 Million Net Worth Should Be Enough To Live Happy & Free

    by MISSISSIPPI DIGITAL MAGAZINE August 26, 2024
    by MISSISSIPPI DIGITAL MAGAZINE August 26, 2024

    Needless to say, a $20 million net worth is a substantial amount of money. It firmly places you within the top 1%…

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  • MONEY

    To Be A Great Athlete Is Prohibitively Expensive For Most

    by MISSISSIPPI DIGITAL MAGAZINE August 24, 2024
    by MISSISSIPPI DIGITAL MAGAZINE August 24, 2024

    Like most people, I enjoyed watching the Olympics. Some of us might even imagine our children becoming elite athletes one day. Unfortunately,…

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  • MONEY

    Rental Property Maintenance With Your Kids Solves Two Problems

    by MISSISSIPPI DIGITAL MAGAZINE August 21, 2024
    by MISSISSIPPI DIGITAL MAGAZINE August 21, 2024

    If you’re a real estate investor with children, you may face two significant challenges or problems. The first challenge is holding onto…

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  • MONEY

    Performance-Based Commission Rates By Top Real Estate Agents

    by MISSISSIPPI DIGITAL MAGAZINE August 19, 2024
    by MISSISSIPPI DIGITAL MAGAZINE August 19, 2024

    With the real estate industry finally lowering commission rates after August 17, 2024, a battle is brewing among brokerages and agents to…

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  • MONEY

    Proof The Real Estate Industry Is Finally Lowering Commissions

    by MISSISSIPPI DIGITAL MAGAZINE August 16, 2024
    by MISSISSIPPI DIGITAL MAGAZINE August 16, 2024

    I recently received an email from an agent at Sotheby’s, a prominent real estate brokerage with 1,115 offices located in 84 countries…

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  • MONEY

    The Pointlessness of Working When Your Net Worth Is Declining

    by MISSISSIPPI DIGITAL MAGAZINE August 14, 2024
    by MISSISSIPPI DIGITAL MAGAZINE August 14, 2024

    The latest stock market correction cost me about five times what I made consulting part-time for four months. If I were smarter,…

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  • MONEY

    Creating Connections To Save Money and Get Better Service

    by MISSISSIPPI DIGITAL MAGAZINE August 11, 2024
    by MISSISSIPPI DIGITAL MAGAZINE August 11, 2024

    Life is easier when you can make a positive connection with other people. As I discovered recently, creating a connection with your…

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  • MONEY

    Stock Market Crashes Can Change Your Life For The Better

    by MISSISSIPPI DIGITAL MAGAZINE August 9, 2024
    by MISSISSIPPI DIGITAL MAGAZINE August 9, 2024

    Starting on July 16, 2024, we had a mini-stock market crash with the S&P 500 declining from 5,667 to 5,186 by August…

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  • MONEY

    How To Decumulate Wealth: A Practical Guide

    by MISSISSIPPI DIGITAL MAGAZINE August 6, 2024
    by MISSISSIPPI DIGITAL MAGAZINE August 6, 2024

    Starting at age 45 in 2022, I consciously started focusing on decumulating wealth. I realized that my life was likely half over,…

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The state's cities, including Detroit, Grand Rapids, and Lansing, offer a wealth of residential and commercial properties, promising substantial returns on investment. Michigan's economic diversification, lower property costs compared to many others. DSCR loans require a comprehensive financial analysis of the property. This includes evaluating rental income, operating expenses, and the property's overall financial performance. Investors can make well-informed decisions based on this data.

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