All Forum Posts by: Anthony Freeman

Folks, here is my situation and need your guidance on what should i do.

* age 44

* 40 doors all managed by myself

* net passive income per month approximately 27k

* just achieved my golden number of passive income / month last month after almost 10 yrs of hardwork.

Now i am confused on should i expand further or just chill and enjoy my life. Honestly, i resigned from my corporate job and i have been sitting home for last 3 weeks doing nothing but just collecting passive income and feeling totally different.

All i need to know is from all you experienced folks

* should i expand futher or just ride with what i currently have and chill?

 Nope, you have to pay for the home inspection before you can access the report. That's an up front cost.

Hey Anthony!

I would check out Dave Meyer's Start With Strategy coming out January 18th, 2024. I had the honor to read it early and recommend getting this one as soon as it releases!

Until then, I would check out Chad Carson's Small and Might Real Estate Investor or Real Estate by the Numbers by J Scott and Dave Meyer. All 3 of these books have been vital reads for me in 2023 and I am excited to hear your feedback if you check them out!

@Anthony Freeman It must be real estate of any type that you hold with the intent of using it for productive investment use.  If the property you are selling is in the US then you must buy in the US or a few select US territories (Quam, the USVI, or the Northern Marianas Islands).  

Like-kind - means it must be real estate (but there are also things like oil interests and mineral rights and billboards with 30-year leases intact that are considered to be "like-kind" to real estate).

Qualified use - means that it is held for investment use.  Meaning to hold to make money.  Your intent must be to hold and not to resell (like a fix n flip).

Yes. And you can exchange commercial for residential or the other way around.