7 March 2024 | 14 replies
I guess his strategy is to bait, switch and scam as many people as possible.

11 March 2024 | 152 replies
Self employed buy cheap, rehab and rentI think I'll eventually retire a little early from my W2 and go into real estate even more - this way my time is freed up and it'd be more of a fun job as opposed to a somewhat stressful side hustle

7 March 2024 | 8 replies
Property values in Austin have risen steadily over the past decade, and the city's employment growth and low housing supply continue to drive up prices.

6 March 2024 | 12 replies
Everyone has a different perception on the different asset classes.Just depends on how you where born and bread 🤷🏻Someone living in Beverly Hills would call my "B class" a "Z Class" lolI consider B class in Toledo to be as follows:1) Good infrastructure supporting home owner and tenant demand (Schools, colleges, hospitals, medical centers, larger employers, etc...)2) Employed tenants that are sophisticated enough to pay rent online.3) Well kept yards, no bordered up homes, pride of ownership in the community.4) Mix of home owners and investor owned (Leaning more toward home owners)5) Lower crime rates and some upside potential from an appreciation standpoint.6) Entry sub $100,000 with 8-10% net returns on cash investments.Every market has different numbers and cashflow expectations Much success

6 March 2024 | 0 replies
Historically, such declines have served as leading indicators of an impending recession as employers tend to shy away from layoffs initially, opting instead to reduce hours, making this decline a significant red flag for the economy.Adding to the concerns is the fact that 639 U.S. corporations filed for bankruptcy in 2023.

6 March 2024 | 7 replies
Rollover from your old employer 401k into self-directed Solo 401k is not a taxable event and wont' affect your taxes.

6 March 2024 | 6 replies
@Ben FrenchYou can find more expensive notes in major cities but two things typically occur with these types of assets.First is you will pay more the note and second is the borrower is significantly more sophisticated and will also employ a legal team and fight you tooth and nail to keep the property if it does have value.

6 March 2024 | 5 replies
Before you quit your W2, you'll want to make sure your rentals are making enough on paper to replace that other income.Once you quit your W2 job, you'll officially be considered self employed by lenders and the important thing to keep in mind is that we can only count your NET income.My advice is chat with a CPA who can help you structure your income properly and try and do it 2 years prior to quitting your W2 job.

8 March 2024 | 121 replies
2) Employment - The current unemployment rate is meaningless without also including the participation rate.

6 March 2024 | 13 replies
As far as hitting the 2 year mark for your job, that might not be necessary as long as you have at least 2 years of employment history in general.