All Forum Posts by: Cruz Gartner
Cruz Gartner has started 2 posts and replied 16 times.
Post: Anyone on track to quit their 9to5 in < 5 yrs from rental income?

- Posts 17
- Votes 76
That is super cool. If you don't mind me asking, how much are you able to make from those STRs?
Post: profit split when you cash out refi in a small syndicate?

- Posts 17
- Votes 76
Hi - If I am a GP and the profit split with the LP is 70/30. At 12% IRR, it goes to 50/50.
Wondering what happens if I am able to give all the money back to the LP with the return after a cash-out refi? Do I own the property fully now? Or the equity is split 50/50 now?
Post: Anyone on track to quit their 9to5 in < 5 yrs from rental income?

- Posts 17
- Votes 76
50% of the battle is just starting. All the luck to you @Valerie Post
Post: Anyone on track to quit their 9to5 in < 5 yrs from rental income?

- Posts 17
- Votes 76
Totally agree, @Nathan Gesner Goal is not to 'not work' for me. I think innately people who get FI are people who like to hustle. I just want to use my time on my million interests :)
So are you still working in your W2? Pretty impressive that your reach FI in 4 years.
Post: Anyone on track to quit their 9to5 in < 5 yrs from rental income?

- Posts 17
- Votes 76
Hi BP,
My first post :)
I started in Dec 2019 and am now up to 3.9k a month in pure cash flow. Need to get to $10k before I think of quitting and gunning for the end of this year. Looking to still get educated and motivated by others doing it. #alwaysbelearning
Post: How much have you grown your cash flow income while working a W2?

- Posts 17
- Votes 76
1) 3.8k
2) 1.5 years while doing 50 hrs at W2
3) $10k per month