There’s definitely a place for both, and I don’t blame anyone for wanting to save a few hundred bucks if all they have is a W-2 with no plans to invest or start a business.But let’s be real—life isn’t that simple.

With careful planning and consistent effort, you can create a portfolio that aligns with your long-term goals.Good luck!

If you plan to invest in Vegas, phoenix or any of the same kind of markets you really need to ignore the general examples given for maintenance, capex and such.

Present this plan and go from there.

Make sure to run your numbers conservatively and based on the current as is value if you plan to go this route. 

I’m exploring the idea of buying a vacation home near Yosemite, which I also plan to list on Airbnb.

A potential goldmine for those seeking to increase property value and generate rental income.However, navigating this opportunity requires strategic planning.

Hey @Mario Morales I assume you're planning to purchase the new property under your personal name rather than through an LLC?

What's your plan for getting started?

Unfortunately, Covid decided to change my plans, and I made the decision to hold off, in hindsight it was a huge mistake and no one could have imagined that property values could have increased at such a high rate.