All Forum Posts by: Michael Haynes

Mya Toohey in Tampa. Your a Real Estate Agent? The property is in the Philippine's? You want to STR it? Do you know the Laws out there? Do you know that Tuscon is the Marijuana Capital of the US? What a mess.

Martin Nesta in Tampa. You can contest a higher Tax bill and go before the Board with all your Evidence. They may lower it a couple hundred dollars this year and just raise it again next. Stop pissin in the wind. 

Hello Justin Whitfield. It helps to know where you live. I'll bet you that no one in this blog know what the FIRE Strategy is. It's a Passive Investment Strategy and Rental Houses etc. are not completely Passive. Do you already have a Portfolio of Covered Call ETF's to start your FIRE Strategy? I looked at that before Covid and my opinion is that for me they would only work within my Roth IRA as a Zero Tax Investment with 10 to 12% Monthly Returns. If you still decided to Invest in Real Estate, I would wait for Trump to get elected and wait for the Sell Off with lower Mortgage Rates.

Doug Meeuwsen in CA. "The worst kind of Business is a Partnership."

Scott Esmail in Orlando. You can't get Home Owner's Insurance with some Agents with Solar Cells in Florida. They can cancel your Insurance at anytime. 

Hello Isla Arshad in NC. Hostile Tenant? Google for a Service Agent who does Evictions and pay to get them out.

Hello Cory Reyment in WI. Go to ReventureApp.com and put in a ZIP Code.

Hello Cameron Moran in Toledo. It sounds like you never bought a Home? As a First Time Home Buyer you can get all the Financial Discounts and Low Down Payment. First thing is to go to your Bank and get Qualified for a Loan. What is your Credit Rating etc. Then, I would go online and read what HUD has to show you. Go talk with a HUD Agent. Get oriented on what you would need to buy one of their Houses. Find a Real Estate Investors Group in your area and attend some meetings. Go to ReventureApp.com and put in your ZIP Code to see the condition of the Market in your area. Learn how to do Searches on Zillow. Read IRS Publication 523 on Sale of a Residence. Everything your want to know is online, but, if you needed $100,000 or more to pay for Down Payment and all the Closing Costs for a Home, would you really want to even start?

Hello Bret Riemensnider in Minnesota. You need to learn how to do Google Search and find the Rental Eviction Rules in your State. The easiest thing is to find the one, cooperative Tenant by talking with them and just "Pay for the Key to move." The other three get Notice for Increase in Rent. Google for "Service Agents" and choose one to do the work if you do not want a fight with your new Tenants. The worst thing an Owner can do is to live in the same place as the Tenants. 

Angelo Rumora, What you believe means nothing. Long Term success in the US Economy being able to Grow in a Declining Globalist World requires waiting ten to forty years. Shorter term Investors searching Alpha or a Passive, positive return on their Money use one Year Corporate Bonds to pay the bills. What you predict with the 30yr Bond is the same thing as all the Banks, like Silicon Valley Bank, who Bought the Long Bond at 1.2% and then the Fed raised the Interest Rate. All of their Account Holders went to the Bank to Close their Accounts! Learn the lesson. You don't go Long when you have Short term obligations to pay. I concentrate on the Daily Market Movements. I Mico-scalp the S&P eMini for Ticks. A good day is $1000 or more, Trading for two hours in the mornings. A good day is any day you are Break even or Better. Close down End of Day and sleep well. With Directional Options on the SPY you Risk $100 to make $1000 until you have enough to Risk $1000 to make $10,000. My Buy and Hold Investment for 40 years was Real Estate.