Jared Garfield
Do You Own Your Business or Does It Own You: Flip or Buy & Hold?
21 May 2016 | 0 replies
This process allows the investor to purchase many more assets and reap the above benefits on each new asset.If bought in the right neighborhood, the home may still appreciate and sell for an even greater profit than what can occur during a short time table required by a flip.The income increases over time, and as the tax benefits or the condition of the properties systems age or deteriorate, the property can be exchanged to reset tax advantages and move to newer properties with newer systems.The passive income can eventually exceed the money required to live, allowing the investor to exit the rat race and live fully off of passive income, while building a huge nest egg from equity and principal pay down.Your financial statement looks better and better to the banker as time goes on.Properties can sometimes be purchased with little or no money down.A property that might net a $25,000 profit on a flip might net $20,000 after taxes.
Cory Heim
Not sure what my next step should be.....help.
30 March 2017 | 3 replies
My house is essentially done at this point and now I'm not sure what my nest step should be.
Cole Hagen
Is Scott Trench Wrong? Retirement Plans vs Real Estate
26 August 2017 | 72 replies
If I were you, I would max out my contribution to the 401k, pile into a low cost index fund, and once you have a nice little nest egg in there, pull out enough via loan to purchase a property.
Brandon Stevens
Retirement with short term rentals??? How would you get there.?
1 October 2017 | 23 replies
If not, would bringing another couple in with a similar nest egg be able to make it happen or would simply more money upfront be needed?
Marcin G.
Walnuts fall on cars on the driveway, who is responsible for dent
22 November 2017 | 38 replies
On the topic of black walnut trees we are considering removal of some younger trees not because of just the nuts falling on guest parking but more because the darn squirrels love them and chew the soffits to make nests and store them.
Alicia Marks
QOTW: What holds you back as a female investor?
12 May 2022 | 57 replies
I sold my first one for capital for a house for the family and for a nest egg.
Will Barnard
Cash Flow vs. Appreciation
1 July 2008 | 182 replies
He is now wishing that he didn't have his nest egg buried in this "cash flowing" opportunity and is looking to cash out.
Tom Doan
How To Afford A Lambo?
6 September 2017 | 178 replies
Keep taking the bus for another year while you grow your portfolio some more and then buy 2 lambos, and still have a nice nest egg feeding itself.
Stefanie Jensen
I want to buy a rental now, my husband wants to wait a see.
26 September 2017 | 183 replies
If I were her husband and it were "my" nest egg, I'd probably let her run with enough to see how it goes!
Account Closed
Advise me on my 1st investment! Lots of cash, what to do with it?
17 October 2018 | 27 replies
It's a pretty good way to grow your nest egg.