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6 January 2025 | 25 replies
My CPA also has an investment we got in with double digits returns that we rolled our IRAs into but you could probably put cash into if you would want to live off of it before retirement age.I would never recommend someone stay in a job they hated just for the money.
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30 January 2025 | 48 replies
.- Leverage Serviced Housing & Co-Living Models: High-end, furnished rentals for military professionals, digital nomads, and traveling contractors.Example Strategy- Raise $1M from 10-20 investors (military/gov personnel) to buy 3-5 properties in Germany or Spain.- Use seller financing & local bank loans to maximize purchasing power.- Rent properties to military families, U.S. contractors, or co-living tenants for stable cash flow.- Utilize local tax incentives and investment visas to increase ROI.Why This Could Be a Billion-Dollar Play- Solves a real problem for U.S. military/gov professionals looking to invest overseas.- Provides stable, built-in demand (military personnel have guaranteed salaries & housing stipends).- Creates an alternative wealth-building strategy for a niche group of investors.- More scalable than traditional rentals.
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2 January 2025 | 36 replies
If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.
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17 December 2024 | 9 replies
Next PA has very strict requirements for interest rates which you cannot be in double digits.
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30 December 2024 | 103 replies
This week he met a syndicator that has a lot of success (by a lot I mean lives in easy 8 digit home, local and in Detroit), but did not really know what to discuss or what to try to learn from him.
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22 December 2024 | 12 replies
My PMLs are people with self-directed IRA who are perfectly fine with 5-year term while earning double-digit returns passively tax-free in their SDIRA.
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16 December 2024 | 15 replies
Setup all business tools like a CRM, MLS access or RE software suites a webpage digital business cards a Facebook business account.
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9 December 2024 | 98 replies
To gamble, I will go back to Venetian Casino, either “DOUBLE IT” or “LOSE IT ALL”.
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16 December 2024 | 5 replies
I'm considering investing in a long term rental or rental property for digital nomads either in Porto or Lisbon and would like to learn more from someone who is already invested in the market.
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28 December 2024 | 23 replies
I am financially free (8 digit net worth snd expect to achieve 9 before i die) but never see myself stopping the pursuit of more wealth.