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All Forum Posts by: Jeff He

Jeff He has started 12 posts and replied 133 times.

@Stephen Dallas

A key benefit of a PM over PM software is the network they bring. A good PM will introduce you to contractors and in some cases, even deals.

Post: Introduction- let's network!

Jeff HePosted
  • Investor
  • Posts 141
  • Votes 130

@Ke'Ona Myers

Welcome!

Post: Building Weath for Down Payments

Jeff HePosted
  • Investor
  • Posts 141
  • Votes 130

@Corbin Dallas

How big of a down payment are you trying to save for? I've seen some folks start as wholesalers because they have the experience but not the cash.

Post: New investor from Carolina Beach, NC

Jeff HePosted
  • Investor
  • Posts 141
  • Votes 130

@Richard White

Welcome!

Post: Going from stocks to real estate

Jeff HePosted
  • Investor
  • Posts 141
  • Votes 130

@Paul Schmidt III

How big are the deals you're looking at? It doesn't take too much to get started. Are the stocks in a tax advantaged account like a Roth IRA?

Opportunity zones is another way to offset capital gains tax.

Post: Any other benefits of llc besides the asset protection??

Jeff HePosted
  • Investor
  • Posts 141
  • Votes 130

@Nick Gee

If you're investing with multiple people, a LLC makes it easier to do.

Post: New Member - DMV Area

Jeff HePosted
  • Investor
  • Posts 141
  • Votes 130

@Ati Ok

Welcome! Congrats on the house hack. Are you buying for cash flow or appreciation?

Post: Determining Fair Market Value of an LLC

Jeff HePosted
  • Investor
  • Posts 141
  • Votes 130

@Scott MacIntyre

If the LLC just holds assets and doesn't conduct any other sort of business (consulting, selling a newsletter, etc) then I would simply peg the value at the sum of its assets minus the sum of its debt.

Post: Real Estate Vs Other Investments

Jeff HePosted
  • Investor
  • Posts 141
  • Votes 130

@Nader Hachem

I invest in both real estate and the stock market.

The 401k is nice because of its tax status. If you're a high earner, a traditional 401k will lower your tax status. If you have a lot of time until retirement, a Roth 401k let's your earnings grow tax free. (cough cough Peter Thiel's untaxable $5billion IRA). I've gotten good returns on the stock market and plan to continue to invest it.

Real estate is nice because it's less volatile then the stock market. I haven't seen my money grow as fast as my stake in $SQ ($33/share to $230/share), but I have still gotten good returns. I do like that Real Estate is easier to analyze than stocks. It's a lot easier to invest in a legitimate good deal than to engage in speculation. I also plan to continue to invest in real estate.

The key takeaway is that it's important to diversify. Don't put all your eggs in one basket.

Disclaimer: Not tax or financial advice. Please seek a professional

Post: 1031 exchange crowdfunding site

Jeff HePosted
  • Investor
  • Posts 141
  • Votes 130

@David Nadelstumph

If I understand 1031 correctly, the owner of the new property must be the same as the owner of the sold policy. Crowdfunding/shared interest may complicate 1031