
13 December 2024 | 35 replies
@Kyle Kline“Investing for equity and not cash flow” doesn’t mean “buy properties that don’t cash flow.”To me, invest for equity not cash flow means that the PRIMARY reason to invest is for equity growth and an increase in net worth and NOT cash flow.I’ve been investing for over 40 years and while cash flow is important, it’s not why invest.A property must be self supporting ie produce enough cash flow to cover debt service, operational expenses including repairs and replacements.

11 December 2024 | 0 replies
For those managing active income streams—like wholesaling, flipping, or even running a real estate business—filing as an S-Corp can significantly reduce self-employment taxes.

14 December 2024 | 15 replies
Then you have someone who understands the investors goals well and the technical experts really working together effectively.

13 December 2024 | 10 replies
I'm self employed and not showing much income on my taxes.

9 December 2024 | 2 replies
You only get paid enough to continue.3) You don't need a dozen self-help books, all you need is action and self-discipline.4) YouTube University, podcasts, and the internet will only take you so far. 5) Book smarts make interesting conversation, street smarts make money.6) Find someone who is successful doing what you want to be doing and ask questions.

9 December 2024 | 1 reply
Plan was to do self storage; then found out the creek that sits a ways back flooded 5 years ago, not in a floodzone but all the locals know so self storage is a tough sell at this point.

11 December 2024 | 7 replies
Like others in the post, interest income is portfolio income.What you can do is invest a self directed IRA/roth and put this money into notes.

9 December 2024 | 38 replies
There is also algorithm advantageous to bi-weekly vs monthly, so a bit of a credit-hack boost effect to it.

11 December 2024 | 4 replies
@Jaren Woeppel , after looking at the available local options, we continue to self-manage although we export a number of tasks, ie. answering the phone.

10 December 2024 | 1 reply
Continuous participation.This is great if you are talking about an SMB with effectively connected Real Estate.Note rental activity is considered passive unless you meet the RE Pro threshold of 750 hours and more than 1/2 your time.This is the conundrum for passive real estate investors.If you have a full-time job or a large, time-consuming business it can be difficult or impossible to qualify.A huge loss from depreciation if you have one LP investment isn’t going to do anything for you.