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16 May 2024 | 158 replies
Lastly, with the Covid-19 shutdown currently in effect and unemployment at records highs considering the 1929 US population was 122MM @ 24.9% at its peak (as opposed to the 328MM population we have today), do you suspect lowering the cost in general for both Wealthability programs might be considered to encourage those of us currently not working and as a goodwill gesture for the unprecedented economic situation we find ourselves in?
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14 May 2024 | 15 replies
@Jonah SloveI peaked at around 40 properties in 43608.I have 1 final property as of the writing of this post and the property is under contract to close this week.So, the best answer I can give it the zip code served its purpose to create income and appreciation for a decade.
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13 May 2024 | 9 replies
Quote from @Eric James: Keep in mind in TX you likely won't be able to get title insurance for 2-3 years on a tax sale property, so not a good idea to spend money until then. can you do a quiet title to speed up the process ???
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12 May 2024 | 12 replies
The plan is to live in this house, leave for a month or two during peak season to travel and/or visit family and cash in on July-August STR income in Maine.
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12 May 2024 | 6 replies
For example, if in the rental application you don't put xyz it's illegal and you can get suedif in the rental application you mention xyz it's illegal and you can get suedif you put clause xyz in the lease, it's illegal and you can get suedif you don't put xyz clause in the lease, it's illegal and you can get suedif you sign the lease wrong, the whole lease is void and you don't have a leaseif you don't provide xyz to the tenant, you can get suednot to mention how unfriendly my state is with respect to landlords, if a tenant is not paying rent, good luck evicting them. plenty of properties in my market for dirt cheap because it has deadbeat tenants and nobody wants to deal with them.yes in an ideal world I have 20 lawyers and accountants on speed dial who I can call any time, but lawyers and accountants are expensive and I have done the math, at best if you are really lucky you can barely cover your mortgage, I don't have money for a lawyer.
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14 May 2024 | 201 replies
The guys driving to your site are paying $5.00+ per gallon gasoline, same for the Diesel in the trucks delivering the materials, which means prices of lumber and steel are not coming down as much as they could from the insane levels they peaked to mid pandemic.
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14 May 2024 | 164 replies
Real estate is barely hitting it's 2007 peak just now 15 years later in San Diego.The difference between Real Estate and something like the S&P500/401k matching is that the market is the same for everyone who's passively invested yet with Real Estate, you can buy a two houses in in different zip codes and you can have two completely different outcomes.
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13 May 2024 | 79 replies
Since I'm not, leverage was just another tool to speed things up.
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12 May 2024 | 33 replies
@Gregory GreeneHi Gregory,I love AZ just moved back last year and to be honest with you the market is really hot and almost all deals are going at list or over list so it is a bit difficult but with a bit of speed and hard work very possible.
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10 May 2024 | 6 replies
Money Mustache (Pete Adeney) is headquartered here in Longmont (across main from Longs Peak Pub) and there is a well-established FI community here.