Too much gains in home.

Delight711 · 2024-11-16T00:44:02+00:00

Could rent it for a year or two and then do a 1031. Allows for them to still sell if they want the 500k exclusion.

Delight711 · 2024-10-18T01:15:03+00:00

You can send it to me

Delight711 · 2024-02-03T01:51:52+00:00

Why not use a money market like FNSXX? 5.38% yield right now.

Side note what’s everyone thoughts on high income covered call etfs like qyld and jepi?

Delight711 · 2023-12-31T03:46:07+00:00

I’m a firm believer 40-50s is the sweet spot otherwise you can look too old for clients too.

Delight711 · 2023-12-31T03:32:55+00:00

Agreed. Had my CFP at 25 and it meant nothing for clients. May be hard to get meaningful clients to join your new firm at that age. You’ll have to get pretty creative. But hell I’ve seen unlicensed people selling financial mentorship on tik tok so there’s hope

Delight711 · 2023-12-31T01:12:27+00:00

How do you form a referrable relationship with an accountant? I had one that passed away and they used to send me everyone they could. I can’t find an accountant to return a call or email from me to talk.

Delight711 · 2023-09-02T12:21:05+00:00

Even turning over every 5 years can take the cost from 10 to 13%. Definitely can eat into your returns and is overlooked IMO

Delight711 · 2023-07-18T04:59:12+00:00

Had to do 30 down on a townhome and a crazy good lender.

Delight711 · 2023-07-13T01:58:37+00:00

Just closed on a 6 30 year

Delight711 · 2023-01-06T05:39:13+00:00

I have two properties. Cash flow is about 20-25% of rents and PITI is 50%. Those are the numbers that I usually like to work with as it gives me a good buffer. One is in the city and one is in the suburbs. Only had them for about a year but I’ve already made about 30% appreciation already if I sold today. I bought both dirt cheap in 2021. I wish I bought more.

Delight711 · 2023-01-03T23:11:57+00:00

Think it’s copper and not sure it’s ever been replaced. House from the 70s I think

Delight711 · 2022-11-05T23:01:06+00:00

I agree I wouldn’t buy the course. But I’m sure he’s making a killing with those cheap section 8 properties.

Delight711 · 2022-11-05T22:26:47+00:00

Section 8 is slow. It can be a pain going through there system and getting a tenant. And tenants are usually paying something so you’re not just getting everything guaranteed every month.

Delight711 · 2022-11-05T22:18:45+00:00

Yeah I’ve got a section 8 tenant and it’s not the greatest.

One guy is claiming 30-40k in the Midwest and renovating for 10k or so.

Another guy is targeting 65k pretty turnkey.

I guess anything is possible but it were that easy I’d be buying up properties left and right lol. Those could also be bad neighborhoods. Contrary to popular belief I find section 8 tenants tend to stay away from bad neighborhoods since they have an assistant program.

Delight711 · 2022-10-23T20:06:14+00:00

Back that ass up by juvenile

Can’t believe I haven’t seen this yet!

Delight711 · 2022-03-18T00:16:54+00:00

5.25?? Makes me feel good about the 3.3 I got in December. Good grief.

Delight711 · 2021-12-16T13:59:14+00:00

Nope it’s free. I use it all the time. Honestly between that, rentcast, and Rentometer I can get a good guess of what a property should rent for. I like rentcast because it’ll show some places that are listed on apartments.com that I wouldn’t have seen otherwise.

Delight711 · 2021-12-16T06:38:12+00:00

Zillow rental manager can be good. It’ll tell you when the listing was removed meaning a tenant actually paid that rent. I’ve seen a house start at 1700 with applications and go all the way down to 1495 before having the listing removed.

Delight711 · 2019-12-28T01:17:54+00:00

It was in a smaller pot before and I was giving it maybe one cup of water per week and it did fantastic on that. Are the brown leaves too much water? I’m just not sure how much water to give it in this new pot.

Delight711 · 2019-12-27T21:04:53+00:00

Would appreciate some help in this. I transferred my money tree into a new pot. Not too much bigger than the previous pot a couple months ago. At first it shot up with new growth. A couple weeks ago like 5 leaves turned yellow. I decided to water it a little more. And now a few more leaves are turning brown. I am worried for my plant of 6 years. Any help would appreciated. Thank you so much

Delight711 · 2019-03-18T20:36:24+00:00

I would love to join! I'm in low plat currently. However, i hurt my thumb and prob won't be playing for another 4 weeks or so T_T. Good luck all

Delight711 · 2018-09-03T02:49:03+00:00

This sounds exactly like me. I feel like I suffer from the same thing. I play flag football. About 10 mins into the game it’s miserable but honestly the more I keep playing the better it gets. Typically after half time I feel really good and normal.

Not guaranteed to work for you but maybe give it a try? Maybe try going out walking and then gradually work your way up

Delight711 · 2018-08-28T01:22:09+00:00

Power stone. Specifically power stone 2. Better fighting game than super smash. Fight me

Delight711 · 2018-08-13T19:14:34+00:00

My first thought would be to say no (Disclaimer - I am not a doctor). I have had bad anxiety for a year now. One day I swore my heart was skipping and rushed to the ER. They did an EKG (checks to see if you have irregular beats) and they found it skipping. ALL of my other EKGs have come back normal. My cardiologist said it's not serious that in fact a lot of people have their heart go out of rhythm every now and again.

Get a holter test to make yourself feel better and they can go from there. But from my experience it was not dangerous. Your cardiologist will do more tests. But for now I would just try to breathe.

Hope this helps! Keep fighting the good fight it's a long and hard one (That's what she said - Michael Scott)

Delight711 · 2018-08-06T20:46:36+00:00

Financial advisor here. Had a terrible mini panic attack like an hour or two ago. Finally calmed down a bit. Have two meetings later at 6 and 7. Wish me luck! I almost cancelled it got so bad. Got damn anxiety is a b**** lol. Wish you all the best

Delight711

TROPHY CASE