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All Forum Posts by: Brayden Kelsch

Brayden Kelsch has started 4 posts and replied 4 times.

Post: Outline for Tracking Goals

Brayden KelschPosted
  • Posts 4
  • Votes 0

What's up BP! I am curious to know of anyone has any really good templates to use for setting and tracking goals! I want to get better about tracking my growth and progression towards my aspirations, but since I have never formally written out my goals before it can be pretty overwhelming if you don't know where to go or how to start. Any ideas on where to go for good outlines/references to write out detailed goals? Thanks a lot!

Post: How to choose the right tool?

Brayden KelschPosted
  • Posts 4
  • Votes 0

Good morning BP! I am looking for opinions on what “tool” has been the most valuable for you guys when creating wealth through real estate.

I have been lucky enough to have the opportunity to go to school for free using my GI Bill and need ideas on what resource to dump that in to. If that’s a degree path that has been extremely valuable for your company, or if that’s a specific trade you have learned that you couldn’t have gone without knowing! I am new to the game and want to utilize this resource I have on something that will be very beneficial to my investing career!

So, if you had the recourses to go to school for free or learn a trade for free, what would you pick that would have the highest impact on your real estate investing? Thank you guys in advance I hope you have a great day!

Post: What about after the refi?

Brayden KelschPosted
  • Posts 4
  • Votes 0

After purchasing the home and forcing appreciation, you hold the property for however many years and then eventually go to refinance to pull money out for your next deal. Let’s say everything went well, you leave with a healthy amount of capital for your next deal, and then what happens with the existing property that now has little equity? What does the liability look like after you’ve duplicated this process multiple times? Yes it’s nice to increase your portfolio and increase cash flow from having multiple properties, but all the properties you refinanced now have little equity? Doesn’t this just cause a chain reaction of increased liability from potentially never owning the properties outright? Or other problems with liquidating down the road to try and invest into larger real estate?

Is it good practice to consider tax benefits and appreciation on a property when calculating your cash on cash return on investment? Or is it best to leave that as icing on the cake and guarantee cash flow without those factors, or any other similar ones! thanks in advance