How the Secure Act Screwed over millions?
SECURE Act Summary Expands the ability to run multiple employer plans for plan years beginning after December 31, 2020 Safe Harbor Rules Simplified for plan years beginning after December 31, 2019 Long Term Part-time Workers permitted to participate in 401(k) plans, which applies generally to plan years beginning after December 31, 2020 3 consecutive […]
#10 – 2020.02 – The SPC Greensheet
Dear investor, I hope you are not sick with the Corona-Virus unless you have a lime in it… Ok bad joke just trying to be funny cause everyone seems so sensitive about it. And I’m a little sad about Kobe dying too 🙁 So what would any other investor do who wears Kobe shoes to play basketball […]
Wealth Management Tips from Centimillionaire Family Office Advisor Richard Wilson (184)
See our Family Office services. Link Here. Summary: Family offices are firms that serve the ultra-high net worth investors such as centimillionaires and billionaires. While many people would be over the moon after receiving a 1 million dollar check after hours of negotiations and meetings, those same individuals from family offices wouldn’t even show […]
Habits
“Dude, you can’t just rely on willpower. Need to create systems.” Lane Kawaoka Industrial (Systems) Engineer I have been to Tony Robbins twice and every time pretty much all 10,000 leave that arena on fire thinking they can do anything. They unleash the power within and normal life weighs them down. One major indicator of […]
Dec 2019 – Borrowing Standards – Rental Income
For all you investors still looking to get your own turnkey rentals or direct ownership deals there are some recent changes as of December 2019 on borrowing standards as it relates to how FNMA and FHLMC are looking at using rental income for qualifying. Basically, if you own/rent currently and have a year history, lenders […]
#9 – 2020.01 – The SPC Greensheet
Dear investor, It was a restful holiday season yet busy time as we transitioned ownership into the last few deal we closed in Q4 of 2019. Links to past PDF slidedecks. Transitioning to Syndications & LP Tips Webinar Infinite Banking with Whole Life Insurance for 2020 New investor portal with 3 free modules and […]
When is it time to Retire? Accredited Investor Live Coaching Call
Summary: Live coaching call of an Accredited investor. Discussing when to retire and how to transition to cashflowing assets such as multifamily apartments or syndications. Start learning about real estate investing – SimplePassiveCashflow.com/start Subscribe to the Top-50 Investing Free Podcast – https://podcasts.apple.com/us/podcast/simple-passive-cashflow/id1118795347 _________________________ Top SimplePassiveCashflow Posts: This website has been going through daily […]
Private Money Lending Top Mistakes
Never buy a note on something you wouldn’t want to own. Consider the worse case scenario where if your borrower defaults you take it over. You might need to have a team there or some contacts local that you trust. If the loan goes into default, take action immediately start the timeline just like an […]
2020 Launch – Guided Goals Webinar
Let’s kick off another year [define endgame] with a 30-minute goals brainstorming session. ***I will assign accountability partners to those who join us and would like to participate. Want to join us in person Feb 14-17? Check out the details here. Resources: Editable worksheet to follow along link Download of “Action Board” guide to […]
Transitioning to Syndications & LP Tips
Summary: About me & How I got started with out of state rentals Sankey diagram of what I did each year Golden rule of investor for high paid professionals Three tips for dealing with the day job Where do you invest? Should I be a LP or GP? Investing 201 – where should I fall […]
