Mark Smith
Should I Kill My 401k?
28 January 2018 | 61 replies
Thats actually a powerful real estate tool, and you still have the option of cashing a portion out later.I've done all of the above with retirement accounts; 401K loans allowed us to buy our first primary home which skyrocketed after 08 , a cash out on a separate plan served as the downpayment on our first investment property, a self-directed IRA loan was proof of reserves for a larger deal and I think I'm missing an example or two.
Gordon Starr
Should I hire my own kids to work for me?
22 December 2020 | 34 replies
This is especially nice since the standard deduction just skyrocketed to 12k, meaning the first 12k of income that the earn will not be subject to taxes.
Wendy Stclair
Baltimore - a path to never-ending pain
8 September 2023 | 27 replies
A burned out street on Zillow is still a burned out street today. 3) Dont believe it when they say your property taxes will be low for 3 years - its a luck of the draw when the city wants to reassess your home and it could be THIS YEAR and cause that $400 to skyrocket to $2,000 or maybe - if you are super unlucky like me - $5000 4) Related to #3 - BUY PRE-RENOVATION not after, so the sales price does not trigger a re-assessment and cause a 522% increase overnight in property taxes from $800 to $5000 within the first year. 5) watch out for SUPER HIGH UTILITIES AND other city FEES!
Jessica Celenza
Poconos STR - Thoughts?
23 August 2023 | 20 replies
Perhaps this was a bit hyperbole, but even looking at Zillow this morning, the houses that are on the water high skyrocketed.
Account Closed
Looking to find a property to house-hack in the Houston area
8 September 2022 | 6 replies
Hey Account Closed Currently house hacking right now, the area I would suggest to get into before the prices skyrocket is Eado (where I currently reside) everything is close by and the properties that are currently being listed aren't that expensive if you get in early, if you have any questions feel free to PM me!
Lianne Ottaviano
Short Term Rental in Clearwater
30 April 2022 | 18 replies
The purchase prices have skyrocketed at 20%+ year over year for the past 2 years but the ADR is keeping pace.
Darrell Bazemore
Infinite Banking? Do or Don’t
19 November 2020 | 19 replies
I personally don’t believe Schiff or kyosaki’s predictions of massive inflation coming, but if it does you’ll get crushed when interest rates sky rocket.
Account Closed
Is the Real Estate market really not going to take a hit?
31 October 2020 | 392 replies
This is VERY important to follow as this is why inflation does not skyrocket over night.
Brittany Stradling
How are people scaling so quickly
7 August 2021 | 110 replies
Also if you are able to do Airbnb in your area or get properties with a high volume of travelers, your earning potential sky rockets if you can create a successful system.
JD Martin
Kiyosaki has spoken - October economic crash coming!
9 October 2021 | 60 replies
Rental rates in my area are skyrocketing because everyone from up north sick of high taxes is moving here.