All Forum Posts by: Jake K.

 Section 179 is the reason private aviation is so robust and new airplanes sell... I bought my airplane for 435k.. and wrote off 90% of it year one... there was special rules back then on top of 179.

I also bought 2.5 million dollars worth of new construction rentals in the GOZONE after Katrina and wrote off 50% year one..

now recapture is a beotch but you save money now.

I am thinking Harvey could spawn another GOZONE  and special section 179 for those areas of Texas that will spur redevelopement BIG TIME.. I usually don't care for Texas but if they come out with a GOZONE again I would be compelled to go shopping.

Haha, love it! It's scary but it's also incredibly liberating. Today would have been day two back at work after summer break. I think it's finally starting to sink in that I'm working for myself now and it's pretty freaking awesome!  I'm so much more relaxed about life in general. It's a beautiful thing. Read your profile, and I completely get it. I'm thriving over here. Every second I get, I'm back at it. Middle of the night, watching TV (which I'm not doing much of these days), first thing in the morning, last thing at night. This kind of thing is my drug. I haven't worked toward something challenging like this in years. It's my life line and completely feeds my soul. I still can't believe the money that can be made. I almost don't believe it myself - but I have to otherwise I will not succeed.

And sure thing! Feel free to head over to my site and sign up to be on the preferred buyers list (if you haven't already). You can specify preferred areas there, and that way I won't loose track of you! 

@Melanie Hartmann Go all in and leave no room for failure nor luck!. Hope is great, but faith without hard work is dead. Go all in! Be the best hardworking wholesaler you can be. Get to the leads before your competitors. Know all about properties in the county you want to operate in. Know the dates the fresh lists come out, how to get names, addresses etc of property owners, how to skip trace, how to use Call Rail. Go to your local REI club and meet like-minded people. Get close, and find an experienced wholesaler to be your partner/mentor.

Go on youtube and watch tons of videos. I chose Max Maxwell to learn from (find him on youtube/facebook/Instagram), then go out and take massive action.

Don't sit at home! Get on the road and put actions to your knowledge. Prove yourself.

Wish you success! You can do this!

Wow, right before a recession, quitting your job, and getting involved in something you have not done yet at all and the vast majority fail at. Then you claim it's the best decision for your life when you haven't even seen the outcome or results yet. That is not the bastion of critical thinking...sorry to be blunt...

And somehow you think that your fiance's income will make it all OK. You do realize the vast numbers of engagements that end (25%)? Apparently not, as you seem to not understand that there is a recession and a slow down in play soon, and yet you quit your job, and are already claiming that it's the best decisions for you and your family when you have not even done anything yet. I am astounded...I'll leave it at that...

"I've just quit my job. My fiance's job brings enough for us to cover are needed expenses and I have about a year's worth of savings built up on top of that. I have not done any deals yet but am planning to get into wholesaling ASAP."

"This wasn't on a whim and there are other factors at play. At this time it's the best decision for my life and my family."