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Parent Post: GET READY to MAKE MONEY
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brokenclock2
·
4/7/2026, 2:46:07 PM
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Let me offer an alternative that yoy may not have heard of, which may have the potential to give you tangible assets. Every single local government in this grimy country allows you to loan them money to pay for tsx burdens of the defunct properties in their locale. This has higher returns than bonds with an ROI of up to 18% in some cases. The city government is required to pay back your loan at the end of the year, with interest. This also gives you the opportunity to "bid" for defunct properties with the rest of the pool of people who are also loaning these local city governments money. So, if you wish, you can start to aquire properties at a fraction of their value by outbidding the others for the entire tax burden. Food for thought.
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hunter
·
4/7/2026, 3:00:41 PM
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Thanks for the 2 cents, I'll look into it!
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