Ray T.
Lehigh Valley PA, investing
20 September 2024 | 36 replies
Tenants are typically blue collar and many of them are recently employed by the recent boom in logistics and warehousing that is going on in the area (link below to a video I saw on Twitter that actually calls out Eastern PA warehousing as a desirable investment).There’s definitely a decent amount of investment going on and I’ve seen prices jump even in the past few years so competition is growing as people catch on.https://youtu.be/Yvi4MPHcwj0
Joey Sabatini
Next best step to early retirement
20 September 2024 | 7 replies
Look for places with population growth and employment boosts.
Patrick Gray
Advice on acquiring more real-estate in near-term environment
19 September 2024 | 6 replies
This would come from any past employer 401k plans you might have that you can rollover to your self-directed Solo401k and utilize for investments.
Chad V.
Tesla's Gigafactory
18 September 2024 | 11 replies
This seems like a potentially profitable strategy given that the factory is supposed to employ 6500 people with good salaries.
Steve Triano
Are there 50k loans available?
18 September 2024 | 7 replies
Can you qualify using employment history, tax returns and DTI?
Bryan Melendez
Section 8 Real Estate
20 September 2024 | 28 replies
You really need to research the city you need to know every neighborhood understand the city good school districts and bad school districts top employers etc.
Janet Behm
REI's Who Have Corporation-NEW RULES
16 September 2024 | 0 replies
PUSHBACKThis law unfairly targets small employers (>20 employees).
Sanjeev Advani
August 2024 Payroll Insights: Job Market Resilience Amid Economic Adjustments
16 September 2024 | 0 replies
Economists note that job growth in typically underreported industries fell by 42,000 compared to the 6-month average, suggesting August’s numbers may understate actual gains.Key Employment GainsConstruction: +34,000 jobs, driven by heavy civil engineering and nonresidential trade contractors.Healthcare: +31,000 jobs, though slower than the past year's monthly average of 60,000.Social Assistance: +13,000 jobs, with more modest growth compared to previous months.Other growing sectors include financial activities, wholesale trade, and government (+24,000 jobs).Job Losses and Sector StrugglesManufacturing: -24,000 jobs.Retail: -11,100 jobs.Temporary help employment continues to shrink, reflecting business uncertainty.Wage and Fed Policy ImplicationsWages rose by 0.4% in August, up 3.8% year-over-year, supporting a cautious approach by the Federal Reserve on deeper rate cuts.
Brad Kanouse
Using IRA for downpayment
16 September 2024 | 1 reply
Also be aware of Unrelated Business Income Tax (or UBIT) on leveraged real estate inside of an IRA.Or better yet, since you are self-employed - go with a truly self-directed Solo 401k plan, which would be a much better option and will help you avoid the UBIT on this investment.
Kyle Keller
High interest rate
17 September 2024 | 8 replies
If you are self employed you can also look at bank statement loans assuming you have a business with high deposits.