
25 April 2019 | 0 replies
I ended up gaining a mentor and eventual business partner on the deal along with making a $10K finders fee on the deal.

25 April 2019 | 0 replies
The property required getting a trust certificate made by the trustee, paying cash for the properties prior to the tax sale and now were are working on obtaining a forced easement to gain access to the main road.

3 May 2019 | 12 replies
Building a team you trust, or using a turnkey provider is a good way to get your feet in the door and gain some experience.
19 July 2019 | 4 replies
Was it reasonably achievable to gain forced appreciation on a house that needed some TLC in this expensive market?

25 April 2019 | 2 replies
After 2years I’m now ready to sell and expect $70k gain.

26 April 2019 | 7 replies
You can definitely sell and lock in your gains.

16 May 2019 | 12 replies
I'm contemplating rolling several very large SFR property gain amounts (via 1031) into a handful of DST Vehicles.

26 April 2019 | 11 replies
You could contribute enough to get the match, let's say 4% from you and your employer (8% total contributions), but your 401k loses 6% one year, resulting in growth of only 2%.During a good year, maybe it grows by 16% (=8% investment gain on your 4% contribution and 4% match).Alternatively, you could keep the entire 401k account in cash (not invested in any securities) and let it grow at the matching rate, guaranteed like a CD.If you forecast out to retirement, based on what you plan to contribute, do you anticipate that your 401k will be your primary source of retirement income?

26 April 2019 | 1 reply
Rates have gone down since my mortgage so I'm currently refinancing my house and I save $100 a month on payment (it will take 4.5 years to see the benefit) which I plan to apply to my HELOC.Ideally, I would like to downsize considerably and buy another primary home and rent out my current house to which I think I could gain a +$200 cashflow to also go towards my HELOC.

29 April 2019 | 40 replies
It includes all major assets & liabs, inc some pers prop that has value (or is individually insured) & I would consider selling to fund new found opportunities or if there was a major emergency requiring a change in budgeting/liquidity.My PBS is currently three pages long, broken into sections w/ sub totals to assist in analysis:AssetsReal Prop (Assessed, Purchase/Rent data, 2-3 free online providers like Redfin, then averaged.)Personal Property (Cars, Art, Hard Assets, things not in an account or "foggy" daily market value)Cash Accounts (ie funds w/ access not limited by age, Banks, Brokerages, CVLI, prepaid taxes,large pending incomes like insurance settlements & reimbursements owed to me.)MineSpouseCo-AccountsRetirement Accounts (or anything where access to the value is age restricted)MineSpouseBusiness 1 (Net number carried over from separate business records)Business 2 (List as needed)Liabilities (Would section these out too if I had enough to justify it)Listed in order of assets above if tied to such, mortgages, HELOC, etc.General liabilities listed next, largest to smallest.Net Worth CalculationThen I include several lines of totals; subtotal of amount available for conversion to REI, ratios & simple measures like mo / mo & trailing 12 mo avg % & $ return.My FI goal is over the long term to average at least 1% mo / mo gain in net worth.I have found this to be best for me for several reasons:I have a hard time visualizing a set $ amount as a goal because my amount required to retire would then seem too big to tackle.