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7 January 2025 | 16 replies
What I would tell you is that as we built our portfolio we continued working our full time corporate (cubicle) jobs until we had 20 units (self-managing them along the way).
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26 December 2024 | 9 replies
As a PM I can justify the cost of this software, if I was self managing 1-2 units I likely would not.
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27 December 2024 | 22 replies
Do you self-manage?
13 January 2025 | 41 replies
A good attorney will even warn you if you are doing something illegal.As you can see from the list, a wannabe or "self taught" or poorly trained by videos or in a "community", does not provide the breadth of knowledge & experience to keep people out of trouble.
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21 December 2024 | 2 replies
Cash from a self directed IRA How did you add value to the deal?
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23 December 2024 | 7 replies
Hi Randall-Congratulations on buying a rental property well back in 2020.I am sorry to hear the property is now cashflow negative $200 a month.Your question is should you sell or continue to keep it with the negative cashflow.Depends on your personal goals and if being negative $200 a month plus any unexpected repairs or vacancies is affordable to you, but if you can solve the negative cashflow by turning the property into a furnished mid-term rental, for example, your future self may thank you.To Your Success!
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17 December 2024 | 4 replies
I would express my interest in buying the house.
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31 December 2024 | 76 replies
We (my wife and I) have been at it for a few years - self managing mid and short term rentals.
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23 December 2024 | 12 replies
Yes, 401(k) plans, IRAs, SEP-IRAs and all other kinds of retirement plans are still the backbone of your wealth accumulation, especially if they are self-directed.
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31 December 2024 | 49 replies
I have had thoughts and considerations of doing such a thing for some time but wondered would it be something worth doing, as in people would use it, find value in it, enough to offset the time and investment of self into creating and maintaining it.