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6 December 2024 | 51 replies
What make it hard to enforce is that the ‘Post Nup” must have both sides receive “fair” value - so what exactly is the spouse without the asset gaining?
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17 December 2024 | 13 replies
Others may see it differently but I wanted to share as someone that has nothing to gain by sharing or not.
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9 December 2024 | 38 replies
You don't live "bad" financial discipline, accrue wealth and THAN gain healthy financial habits from the $, that's nonsensical.
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15 December 2024 | 59 replies
Rent out to roommates so I employ the "rent by the room" essentially.Pros:insane cash flowif your room offer is much better value than other places to live, tenants will stay awhilea small community can be built when your tenants become friends with eachothernever ending supply of tenants (at least in my area)Cons:CAN BE management intensiveWILL BE management intensive until you gain experience and know how to manageIf you employ this strategy, the BIGGEST risk/liability mitigator is being VERY clear from the start about your expectations and that you will evict if new tenant doesn't follow your rules.With my setup - I furnish the rooms and have all utilities covered.
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10 December 2024 | 14 replies
To gain the same multiple return over the save bank, today’s investors should be making 4-5% what they were in 2020.
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9 December 2024 | 10 replies
One client came in hot looking for a multi-unit in Phoenix - they wanted to roll over gains, keep taxes deferred, and jump into a hotter market.
7 December 2024 | 4 replies
I'm not a fan of buying a short term liability (no cash flowing property) in hopes of long term gain through appreciation.
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9 December 2024 | 8 replies
What we learned: We got lucky that we gained a lot of extra equity soon after we bought the house, which makes these repairs palatable.
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15 December 2024 | 30 replies
When investing in high cash-flow markets, I always recommend working with an investor friendly agent so you're able to gain the right insight on the different areas and the risks involved.
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9 December 2024 | 0 replies
We sold a $330k rental property with almost no base so we need to do an 1031 exchange of roughly $300k to offset capital gain.