
12 October 2024 | 12 replies
They typically search for bargains and find land which is owned by people in financial distress or who need to get cash out of their investments quickly.

11 October 2024 | 7 replies
If they're looking for $10,000 seed money and you have $10,000,000 sitting around - plus the due diligence checks out (legitimate opportunity) - that's relatively low risk for a good upshot.If they're looking for $50,000 seed money and you have $75,000 liquid, absolutely not.Personal financial position, coupled with due diligence, are important.

9 October 2024 | 3 replies
Teaching me financial literacy was not one of those things.

9 October 2024 | 1 reply
If you sell your property, you will likely have to pay back some of the taxes deferred from depreciation.Think of cost seg as an interest free loan from Uncle Sam - it comes due when you sell the property.My motto:Don't let industry jargon stop you from making smart financial moves!

9 October 2024 | 5 replies
I’m planning on moving there in about a year and wanted to see if anyone’s already there and if it’s a financial smart idea to invest and live there.

11 October 2024 | 13 replies
My gut tells me that Texas, particularly Austin and Houston, could be where the next wave of growth and expansion occurs, mainly driven by strong business and job creation trends.Here’s what I’m looking for in my US investments:Free-standing houses with a good land component, at least 3 bedrooms and 2 bathrooms, and in well-maintained condition.Yielding over 6%, with a slight cash flow positive outcome, while also offering medium-term capital appreciation potential.Holding for at least 5 years or more, with a view towards steady growth.The long-term goal is financial independence, reducing reliance on salary-based income, and building assets during this accumulation phase.Debt reduction is on the horizon—looking to consolidate and start winding down debt within the next 7 years.If anyone has experience investing in the Texas real estate market or any tips on navigating US property investments, feel free to share your thoughts!

4 October 2024 | 9 replies
My brother has indicated on multiple occasions an interest in us buying rental properties together - he would be financial equity, I would be sweat equity.

10 October 2024 | 5 replies
I can't give financial or tax advice, but you might also consider Roth IRA savings.

9 October 2024 | 13 replies
I have $1.5M in the bank, and I’m trying to figure out the best move for my situation to start building out my portfolio and making moves towards financial independence.

8 October 2024 | 3 replies
Or in the early stages ask for more detailed financials for the last rolling 12 months, and come back with that data early in the process to weed out those who won't budge?