Most of the wealthiest investors that I work with or have known have very little to any long term debt everything is paid for.  3 I can think of  One sold his garbage company for 75 mil.. the other was a President of a fortune 100 company that when it went public he got major golden parachute liquidity event.. then another was inherited but all the Real Estate was paid for and there is a boat load of it..

Quote from @Renee Adams: @John UnderwoodLove hearing this — organized books make tax season so much smoother!

Quote from @Renee Adams: I’ve been connecting with a few local investors and noticing that some are starting to reassess their portfolios—especially with the current market conditions.For those of you who’ve been holding multiple properties, how do you decide which ones to keep vs. sell?

@Rene Hosman  A little off topicI used to be a sales rep for Master Lock for the Bicycle industry.

Tosta is the former Vice President of Sales for ORES and was responsible for bringing in investors.

Earlier this year, as the elected president of the s-corp, I attempted to refinance the property but couldn't get enough of the shareholders (all family) to sign on as personal guarantors on the loan.

Welcome to BiggerPockets, Renee!

OK, we are all tired of hearing about this SALT deduction and how our Big Beautiful President quadrupled it, from $10,000 to $40,000.

Quote from @Renee Adams: @John UnderwoodInteresting take — and I totally get your angle.I agree, premium pricing and quality definitely filter out a lot of the headaches.

Mexican President Claudia Sheinbaum is discussing trade collaboration with Canadian Prime Minister Mark Carney, focusing on countering U.S. tariffs set for August 1.