Tag: #foundations

How compounding supercharges your net worth

Oct 5, 2024

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Terence Critchlow

“Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it,” is a quote attributed to Albert Einstein. Whether he actually said it or not is unclear [1].
Your retirement number changes based on your investment strategy

Sep 21, 2024

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Terence Critchlow

Imagine reaching the point in life where your investments generate enough income to cover your expenses, freeing you from the constraints of a traditional job.
The benefit of separating accounts for financial goals

Sep 7, 2024

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Terence Critchlow

I was talking to a friend of mine about investing in cash flowing real estate a couple of weeks ago, and the conversation really made me think about things that I take for granted.
Book Review: Legal Strategies for Everyone

Aug 10, 2024

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Terence Critchlow

As a high net worth individual, which accredited investors are by definition, the unfortunate reality is that you become a target for lawsuits. Whether or not the lawsuit is justified is totally irrelevant, they occur and expensive judgments can be awarded. Most people don’t think about that until it is too late to do anything…
An example due diligence investigation on a facility (part 3/3)

Jul 13, 2024

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Terence Critchlow

This week, I want to give you more insight into how we evaluate a facility to determine whether or not to put in an offer. This is based on a real opportunity that we looked into and ultimately decided was not a fit for us.
Our Pre-offer Due Diligence Process (part 2/3)

Jun 29, 2024

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Terence Critchlow

Have you ever wondered what we look at before we make an offer on a potential property? Before diving in, it’s crucial to uncover a facility’s true potential but that can be a daunting process. In our previous article [1], we gave a high level overview of what we look at. This week, we’re cracking…
How do we evaluate a property to decide if it is a “deal”? (part 1/3)

Jun 1, 2024

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Terence Critchlow

In 2023, we looked at over 70 properties and made an offer on only 1 of them – and for that one, we weren’t able to come to terms with the seller. The overwhelming majority didn’t meet our investing criteria.
How to use arbitrage effectively

May 4, 2024

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Terence Critchlow

Most people are aware of the concept of financial arbitrage – borrowing money at one rate and then using it to generate income at a higher rate, pocketing the difference between the two rates as profit – as this is what banks do. Banks borrow money (your deposits) at a low interest rate then lend…
8 tax advantages of real estate

Apr 20, 2024

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Terence Critchlow

If you talk with real estate investors, you will often hear about the tax advantages of real estate investing. People will often talk about them as a silver bullet that makes real estate investing more lucrative than other investments. But it isn’t always clear what tax advantages they are talking about. And, in some cases,…
Do your homework so you can take advantage of a deal when it appears

Mar 16, 2024

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Terence Critchlow

While getting wealthy in real estate is a long-term game, there are times when you need to be able to move fast. Sometimes really fast.