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21 July 2024 | 4 replies
The government grossly overstimulated the economy, increased the money supply by 40%, and caused record inflation (in housing, food, energy, everything).
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21 July 2024 | 4 replies
From being a total catcher's mitt, to being the star pitcher.
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22 July 2024 | 4 replies
@Charlie ColeLove the energy and good for you for starting.
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22 July 2024 | 3 replies
I don't have a preference for age in terms working with other folks but young can be good from an energy, optimism and having enough time to put in the extra hours when needed (usually a younger person is not going to have a spouse, 2-3 kids and a bunch of other responsibilities).
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21 July 2024 | 18 replies
So even if you can make a little more, it will cost you more in time and energy.
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21 July 2024 | 10 replies
Similar green energy investments could be considered if you can make the numbers work (credits on some types of low income housing can be north of 50%).Depending on how long these properties have been held, they could consider implementing cost segregation studies via a change in accounting method to accelerate some depreciation.The operating proceeds could be re-deployed into new properties where cost segregation is an option to accelerate depreciation to offset proceeds.If the properties are low basis and we are not maximizing the 199A deduction, maybe considering an S-Corp structure for management to be able to participate in retirement plans and also generate wages to use as a 199A base.
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22 July 2024 | 38 replies
If $900 is all you can get than your not just a misleading common two star Detroit property management outfit but a largely ineffective one as well.I suppose there is good reason you have over 800 posts here on Bigger Pockets and only 200 likes.
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21 July 2024 | 1 reply
Has rent control worked anywhere on the planet or fails every time in the short & long-term.Why not have price control on college tuition, food, interest rates, new vehicle prices and energy ?
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21 July 2024 | 64 replies
So "hack" it, hitch your wagon to the right "Rising Star" and enjoy the rewards together.
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22 July 2024 | 71 replies
Making more income requires a significant amount of time, stress, and energy which would come at the expense of my family.I've also gotten to the point where it's harder to delay gratification--it's not a skill my wife is great at (so delaying gratification frequently means I go without, and she doesn't) and spending $2000 to go see nephews and nieces is much more important than having an extra 5 shares of google or MSFT.