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10 July 2024 | 50 replies
yes, some people (who run it as a full time business) do well, just as some people who run automotive manufactures, chemical plants, and construction companies do well.
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8 July 2024 | 9 replies
Wall Street thought we were going to get six- eight rate reductions this year we’ve seen none so far and stagflation is setting in , the Fed is trapped , if they reduce rates now , inflation could catch on fire if they increase them again too much something in the economy will break I think we’re in this holding pattern for one to two years personally, I don’t claim to be a macro economic expert, but I do study it quite a bit and I’m not counting on or expecting rates to come down anytime soon and even if they do, they’ll just be small quarter-point rate hikes not enough to make a huge difference in cashflow, so ..I either hold and if they do decrease rates, there will probably be another asset inflation bubble, which will increase my appreciation, or my cell and deploy the capital more wisely and look for some market softening and buy a good deal
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10 July 2024 | 6 replies
I love that you rented two of your bedrooms as mid term and short term rentals and made enough to pay for the mortgage and now you are going to use the rental income to show you can qualify for another property.This is an excellent strategy and one more people should consider doing in this inflationary environment to offset the biggest cost in their budget--housing.As you rightly point out, you can use this strategy with every house you buy accumulating a portfolio of houses that you originally started out living in as a primary residence every two years.Well done and more people should consider doing the same, or rent their garage, or shed, or a boat, or an extra car.Love it!
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11 July 2024 | 8 replies
I cannot believe more people are not furious.
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11 July 2024 | 7 replies
Catch a buck, you'll catch a life if you play with people like this.
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10 July 2024 | 6 replies
So I put years of work into renovating a couple run down buildings to provide apartments for people, did all the work myself and then was laid off my job.Since then I've been pursuing this dream of being self employed before its all over.
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10 July 2024 | 7 replies
Hi Monique,I'm a local rookie investor and had tons of inspiration and knowledge gained from networking with other people, podcasts and reading tons of material.
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11 July 2024 | 9 replies
Cause some people often feel that they are in too far and just need to finish with the current GC and I can tell you I've never, ever seen that work.
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10 July 2024 | 4 replies
I’m sure other states have it to since they’re trying to incentivize people to convert away from fossil fuels.
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10 July 2024 | 15 replies
Some people stop responding when they are informed about background checks/credit checks requirement.