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All Forum Posts by: Isaac Johnson

Isaac Johnson has started 10 posts and replied 124 times.

Post: REAL ESTATE IS BETTER THAN STOCKS!

Isaac JohnsonPosted
  • Rental Property Investor
  • Sioux Falls, SD
  • Posts 129
  • Votes 138

@Joe Villeneuve so true, and then the whole tax part also comes in at the end, making stocks way worse.

Post: REAL ESTATE IS BETTER THAN STOCKS!

Isaac JohnsonPosted
  • Rental Property Investor
  • Sioux Falls, SD
  • Posts 129
  • Votes 138

@Matthew Gagnon completely agree with you! Don’t want to be dragged down to their level.

Post: REAL ESTATE IS BETTER THAN STOCKS!

Isaac JohnsonPosted
  • Rental Property Investor
  • Sioux Falls, SD
  • Posts 129
  • Votes 138

My personal finance teacher is using the Dave Ramsey course and doesn’t agree with me that real estate is a good investment. Instead he teaches that stocks will make you a millionaire no matter what even if you don’t know what you’re doing, there is never a good reason to go into debt, and because Dave Ramsey went broke trying to invest in RE (which what he was doing was very dumb by the way). But these stocks have been around for what 10-20 years? Who knows if they will even be existent in the next few years?!? Shelter has been number one priority for all people before us, and will be after us. And land can’t be made anymore.

Post: "Millennials Should Be Happy They Are Stuck Renting"

Isaac JohnsonPosted
  • Rental Property Investor
  • Sioux Falls, SD
  • Posts 129
  • Votes 138

@Keith A. Hey! Did anyone ask?

Post: Where can I borrow instant money?

Isaac JohnsonPosted
  • Rental Property Investor
  • Sioux Falls, SD
  • Posts 129
  • Votes 138

@Angeli Noordin downpayment should come out of your own pocket. 🤷‍♂️🤷‍♂️

Post: Newby looking for advice

Isaac JohnsonPosted
  • Rental Property Investor
  • Sioux Falls, SD
  • Posts 129
  • Votes 138

@Michael Walker III I think you should learn about real estate and how it all works as much as possible, maybe wholesale a little for capital, and then start renting small multifamily homes (2-4 units), and scale your way up.

Post: Buying a house assest or liability

Isaac JohnsonPosted
  • Rental Property Investor
  • Sioux Falls, SD
  • Posts 129
  • Votes 138

@Stephan Kraus a paid off house can make you money

Post: Buying a house assest or liability

Isaac JohnsonPosted
  • Rental Property Investor
  • Sioux Falls, SD
  • Posts 129
  • Votes 138

@Antonio Pican if you’re paying off the house so that later down the road you have a paid off piece of land with shelter on it? That is an asset.

Post: Assignment contract for begginers ?

Isaac JohnsonPosted
  • Rental Property Investor
  • Sioux Falls, SD
  • Posts 129
  • Votes 138

@Patryk Domanski I get why he says it’s fraud, so don’t wholesale without telling the seller exactly what you are doing.

Post: First Deal Flopped...Now What?

Isaac JohnsonPosted
  • Rental Property Investor
  • Sioux Falls, SD
  • Posts 129
  • Votes 138

@Renee Yarbrough how to be successful:

-make the right decisions

-how do you make the right decisions?

-experience

-how do you get experience?

-make wrong decisions