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8 May 2024 | 4 replies
Here's my 5 step plan:1) Review & realign goals - Our RE portfolio is the vehicle for getting us there.
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6 May 2024 | 2 replies
I agree with Nathan,Your insurance would never cover a vehicle parked on a public road.
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7 May 2024 | 13 replies
I have heard people say similar things about the home office deduction, or vehicle expenses - if it's valid, I'll take it every time.
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9 May 2024 | 159 replies
Quote from @Carlos Ptriawan: also since most of the advice in BP is coming from sell side, the return we got is the normal return hence why I am no longer interested.I am interested to gain abnormal return.my exerience- making 80k-100k per flip from 500k home is possible, only in CA- Out of state could be a good appreciation vehicle too- the wealth builder is created when we invest in expensive state only (CA/HI) with at least two properties- invest locally is thousand time better than investing outside because of the potential it creates- househacking and ADU is finance freedom LOLBut i develop a strong very atypical thesis also:- there' nothing passive about real estate investment- investing in syndication is more active than direct ownership- the risk of the unknown of unknown is the biggest issue in any real estate- at the end of the day, the probability of we as landlord is hitting problem with tenant/city is like 100% so be prepared- the difference between different type of real estate investment is the unknown factor and that's always the least discussed- strategy is always different depending on macro climate, if mney is cheap leveraging equity is the best, if money is expensive then buying debt is good option- don't chase best return but chase the most understood risk and capital preservation as a goal- not all RE investment has equal return/risk , syndication in multifamily for example is outsourcing all risk to investor while gp makes the most money lol- direct investment is always always better than indirect investment, except in certain asset class and extremely good sponsor that could find a noticeable return/risk reward.- donot follow the crowd, when everybody else is buying then it's good time to sell, vice versa LOL- if the math doesn't pencil, GTFO lol I do not agree with everything in this post but agree with a lot of it so I thought I would add my view.
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6 May 2024 | 27 replies
I also screen for number of vehicles but that depends alot on your area.
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8 May 2024 | 50 replies
I agree, if your time horizon is long enough RE is a fantastic vehicle to build wealth - its all I have been doing since 1991 ..
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3 May 2024 | 33 replies
This is why most double closings are performed illegally, not because the double close portion is illegal, but wholesalers tend to circumvent licensing requirements to make a buck.Just as there are legal ways to drive and operate a vehicle, there are illegal ways to do the same.
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2 May 2024 | 0 replies
Ample room inside and out for not only your vehicles but also for a workshop, storage, home gym, perfect for car enthusiasts, business owners or hobbyist.
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2 May 2024 | 4 replies
This would create something that you already are familiar with, which then would lead you to be able to get into real estate as an investment vehicle.
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1 May 2024 | 8 replies
Would it be ok to refinance a vehicle that i cosigned on for a family member.