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Results (10,000+)
Kevin G. New to flipping. Do I really need a General Contractor?
23 April 2024 | 16 replies
Unless you’re doing this at scale, a gc is going to eat up 20-25% of your profit, aka 10-15k… no thanks.
Vittal Premachandran Solar Tax Credit While House Hacking
21 April 2024 | 3 replies
You are asking if you can have your cake and eat it to.
Andreas Mueller Interest rates Higher for Longer? Good.
22 April 2024 | 12 replies
IMO this is because of government fiscal policy, ie spending.Bad Government Fiscal Policy is Driving InflationDeficit spending is a snake eating its tail: deficit spending → more inflation → higher interest rates to slow inflation = more inflation = keep interest rates higher → debt more expensive / accelerates…..repeat.The US debt has is currently rising by $1 trillion every 100 days, or roughly the budget of our entire defense budget (which is larger than the next 10 countries combined).
William Coet Multifamily Prices so High that Only Cash Makes Sense, But Why Not Put Cash in CDs?
21 April 2024 | 47 replies
You're thinking far further steps ahead and weathering the volatility to reap likely more a fat-tails esque reward which likely does happen at the turn of the next inflation wave(not this secondary one coming up).From 08-16 you could do the former, from 17 fwd it's best to the do the latter.
Devaughn Menezes Just graduated; moved to a new town; looking to invest
20 April 2024 | 3 replies
Currently, I bike and take the bus to work to save on expenses from owning a car, I meal-prep once a week and eat out only occasionally to save on food costs, and I strategize my regular spending to receive the maximum cashback.Looking forward to interacting with this community and learning more about making smart investment choice.
Jan Boldt Gifting investment Real Estate questions and comments + deductible carry-forward?
20 April 2024 | 0 replies
At the moment, have plenty of financial glide path, so don't need the equity of the current Investment prop, but had planned to owner finance (extra monthly income flow @7%, fluff... more income not required to eat, clothe, house. ).1) Cursory look indicates 30% max AGI can be deducted if deferred to Charity.
Chris Hutchens Memphis TN buy and hold?
21 April 2024 | 15 replies
I never recommend out-of-state investors buy anything for less than about $55-75k all-in or, generally, it will be in an area that has a mediocre tenant pool with high turnover and bad turns when they leave; the price to rent ration doesn't matter when these items eat up your profit year after year.For multis, it's a little different, but I typically ask them to focus on units that rent for about $500-550 minimum to have an easy time managing them and finding quality tenants. 
Joe S. Who is investing in their own physical health?
18 April 2024 | 141 replies
I have hit many of my work goals since starting my company in 2018, but I’ve missed out on a lot of sleep and gained nearly 50 lbs of fat by not exercising regularly and eating right.
Kelly McClellan Rejected by a turnkey operation - Ohio Cash Flow
20 April 2024 | 34 replies
To be frank, if Engelo p'd me off or did anything nefarious I'd be the 1st one to tell him to eat it and I think he knows that. ....But I've got to state the obvious here.