What is Bitcoin?
Well, one of the things I’ll say here is I think people often have a hard time figuring out what Bitcoin is. So they like to compare it to things that they already see. Is it like this stock? Is it like gold? Is it, but the problem is. It’s so many things. I think […]
How to Choose the Right Financial Planner
It’s not about gaming the system, the tax system, really the tax code. I’m sure you’ve heard this before, but there’s thousands of pages. This thing is a beast and I would not prefer to personally read it, but there’s only a few pages that are about how to pay tax. And the rest of […]
How Do the Wealthy Pay Off Debt?
The wealthy, think about how do I have capital that I control because I like to think of it as an emergency opportunity fund, right? You’re going to have life come at you where you have a bigger expense in some months that you weren’t expecting that would be considered an emergency. You’re also going […]
How to Increase Tax Deductions on Single Family Homes
So DIY cost sag is a platform we developed after being in the industry since 2002 and doing well over 15,000 studies. And we saw a need in the market for smaller properties under a million dollars. And whether it’s a single family, residential, duplex, quad, or triplex. We cover those, or it might also […]
Offsetting Active Income w/ Passive Losses as an Accredited Investor
So people ask I’m a high paid professional making over 200, $300,000 a year. How come I can’t get these passive losses or pals for short and offset my active W2 salary and pretty bad, but supposed to be calmed down. What’s the deal, man. Yeah. Yeah. Well, the, the most simple way to explain […]
Tax Deductions | Single Family Home vs Apartment
It sounds great. Right? You’re getting 10 to 15 times more deductions of first year, but there’s a cost to this. And when I do it for my large apartment buildings, I’m usually paying five grand or so on that thing to do this, to extract it out. But that requires sending out a guy […]
New Baby Shopping Lists & New Parent Tips
Downloadable Shopping Spreadsheet Shopping Links Going from a life without kids to your first is going to change your life. I was going to start a new website call Simple Passive Parenting but did not seem to be my passion project and something I couple spend listening hours of podcasts too (although some said I […]
How Much Should My Rental Property Cash Flow?
What cash on cash return would you recommend for a single family home rental property where the goal is cashflow not appreciation? So normally, I think least 8% return is what you’re trying to shoot for. So if you’re using an analyzer, what I would put in there and make sure you’re also including all […]
When Should You Not Invest in Syndications?
If your net worth, income minus expenses is under $300,000, or you’re barely able to save $30,000, look, syndications are not for you stick with these turnkey rentals or even do these BRRRS that we’re kind of against in this whole video. And you’re going to have a little more gains that way. What you’re […]
How Do Sophisticated Investors Make Money?
Just grab this out of a new Mark or recently in this models, the interest rates, which, you know, all-time lows. Once again, maybe it’s been creeping up this first quarter, but still pretty much as low as it’s ever been. And the cap rates on multi-family and that’s, this is just a general cap […]
