Samuel M.
Pay Off Loan Sooner?
5 October 2024 | 1 reply
., daily vs. monthly compounding).Bi-Weekly Payments: Paying bi-weekly effectively means you're making one extra payment each year (26 half-payments vs. 12 full payments).
Beck DeYoung
Facing Negative Cash Flow While House Hacking – Looking for Advice
10 October 2024 | 31 replies
Your mortgage is a fixed cost while rents go up every year so cashflow goes up over time, its hard to see upfront but 3+ years later is very clear the effects of this and compounds the longer hold it.
Melanie Baldridge
Is this one of the best ways to build long term wealth?
3 October 2024 | 1 reply
Make more money, buy more buildings, and repeat.These folks have compounded their wealth significantly faster than their W2 counterparts since they don't lose 30-50% to taxes each year.
Nate Armstrong
Is a huge real estate crash coming soon?
21 October 2024 | 176 replies
It's simple math of what compounding returns of such will be.
Emily Poerio
Short term rental's cash flow is not great, should I walk from the purchase agreement
11 October 2024 | 30 replies
And your appreciation compounds so 3 to 5% today on 600k is X but 3 to 5% in 10 years might be double.
Randy Buff
Are Insurance Costs for Short-term Rentals Going to Surge in FL post Hurricane Helene
3 October 2024 | 7 replies
Long-term this will likely raise insurance rates for all owners, compounding on top of sky-high current insurance rates.
Devin James
Don't be Fooled by Misleading Returns
28 September 2024 | 4 replies
But, this doesn’t reflect the fact that the initial investment decreased from $100 to $50 over two years.The flaw with ARR is that it doesn’t take into account compounding or the actual sequence of returns.
Greg Moore
Anyone moving their investments to Bitcoin?
7 October 2024 | 190 replies
And give consideration to Ripple, Ethereum, Litecoin, Tezos, Compound.
Melanie Baldridge
W2 employees and RE Pro Status
26 September 2024 | 1 reply
Imagine making millions of dollars throughout your career and then having to pay Uncle Sam 30-50% every year instead of compounding that cash over time.This is exactly what real estate professionals have learned to mitigate.To reduce their taxable income, they buy a building every year, do a cost seg, and use depreciation to reduce their tax liability dramatically.Their personal wealth snowball grows much larger and much faster than their W2 counterparts who give most of their money back to the government each year.Following this strategy as a real estate professional is one of the best ways to end up with a much larger net worth at the end of your career.
Jon Zhou
Ashcroft capital: Additional 20% capital call
9 October 2024 | 312 replies
And while BiggerPockets is a platform, not “Scott Trench’s boring old school approach to wealth with good old fashioned personal sacrifice to let personal wealth steadily compound” I often regret allow certain opposing viewpoints into our space.