
8 August 2024 | 46 replies
Thank you in advance for your insights.

7 August 2024 | 15 replies
Evicting the tenants and moving in to perform repairs myself while I explore Detroit, as I have never been there before, but this process might take a long time.I would appreciate any advice or insights on how to proceed.

7 August 2024 | 22 replies
@Bruce Lynn any insight on the Arlington and HEB area?

7 August 2024 | 32 replies
I’m considering cashing out my 401(k) and IRA funds to invest in more real estate and would appreciate any advice or insights on whether this idea is viable.Current Financial Situation:Significant savings in 401(k) and IRA accounts.Additional funds in a taxable brokerage account.Age: 40, with a relatively high effective tax rate.Limited emergency fund.Existing Duplex:Mortgage with a 75% LTV ratio and a high interest rate.Modest annual cash flow.Withdrawal Scenarios:Scenario 1: Withdraw everything today at age 40, resulting in a 35% loss to penalties and taxes.Scenario 2: Withdraw at age 60 with growth scenarios ranging from 1.3x to 2.3x the initial balance.Proposed Real Estate Investment:Purchase two additional duplexes with a 75% LTV and 6.635% interest rate on a 30-year term.Projected outcomes include appreciation, cash flow growth, loan amortization, and tax benefits.Comparison of Real Estate vs.

8 August 2024 | 22 replies
@James CarlsonThanks for all of the insight James.

7 August 2024 | 1 reply
Thank you in advance for your insights and advice!
8 August 2024 | 23 replies
I'd be more than happy to discuss further and provide insights tailored to your goals.

7 August 2024 | 6 replies
It gives you some insights into what is actually happening day in and day out, and you can then justify if spending that money is worth it.