All Forum Posts by: Justin Brin
Justin Brin has started 30 posts and replied 165 times.
Post: Real Estate investing vs S&P 500 for the near future?
- Investor
- Los Angeles, CA
- Posts 165
- Votes 65
Quote from @Payton Haight:
Hi Justin, I invest in both real estate and low-cost index funds. Personally, I prefer real estate because I have more control on how my real estate investments perform than I do in the stock market. You can switch strategies to find ways to increase cash flow from properties. For example, converting long-term rentals to mid-term rentals or a rent by the room. There are many ways an operator can pivot to make a deal work. There is not much I can do to prevent the stock market from dropping 20 percent.
The question how much % extra of profits you will receive for your extra work?
With a long term tenant or the stock market they are usually much more passive.
Post: Real Estate investing vs S&P 500 for the near future?
- Investor
- Los Angeles, CA
- Posts 165
- Votes 65
If you have $X amount and you are ready to invest it this year.
With interest rates remaining high and the price-to-rent ratio not compelling, is it wiser to invest in the S&P 500 rather than real estate? Even if real estate offers a slightly better return due to tax benefits and leverage, does this small gain justify the added risk, work, and time compared to the stock market?
Once Real Estate becomes more appealing again then new money can be invested into Real Estate. But for now do you think S&P 500 is a better option?
Post: QBI - Can I switch between years how I aggregate my properties?
- Investor
- Los Angeles, CA
- Posts 165
- Votes 65
Quote from @Benjamin Weinhart:
This is subject to speculation as whatever tax law that gets passed this year is almost certainly going to address this one way or the other. My guess though, assuming that QBI doesn't get extended, is that it'll either keep getting carried forward and become a useless extra line item on a tax return to potentially be used in future legislation, or that it'll disappear completely. There's not really any way to know one way or the other without a crystal ball I'm afraid.
If I sell the property in the future does the carried QBI losses have any effect on taxes regarding the sale?
Or the carried losses are just gone in event of a sale?
Post: QBI - Can I switch between years how I aggregate my properties?
- Investor
- Los Angeles, CA
- Posts 165
- Votes 65
Quote from @Benjamin Weinhart:
Quote from @Justin Brin:
Quote from @Ashish Acharya:
As for QBI, the current way the law is written is that QBI will expire by 2026 when the TCJA sunsets.
Post: QBI - Can I switch between years how I aggregate my properties?
- Investor
- Los Angeles, CA
- Posts 165
- Votes 65
Quote from @Ashish Acharya:
What can be the disadvantage to keep it aggregated in the coming years?
Is there any benefit in keeping it separated ?
Will the QBI be gone by 2026?
Post: QBI - Can I switch between years how I aggregate my properties?
- Investor
- Los Angeles, CA
- Posts 165
- Votes 65
In the past few years I didn't aggregate my properties for QBI but this year I decided to do so. Especially that I worked more than 250 hours on my properties this year. Is that OK to change between no aggregate to aggregate ?
I also choose QBI safe harbor to reduce audit risk.
Post: Where is everyone moving to?
- Investor
- Los Angeles, CA
- Posts 165
- Votes 65
Quote from @Jackson Harris:
Quote from @Justin Brin:
Quote from @Jackson Harris:
Hi Justin, first off this is great and I'm glad you're looking at these trends before going forward.
I'm in Phoenix and obviously you can see that there are so many people moving from the west coast states out here to a cheaper and better weather market. I see it all the time, I did it myself moving from Seattle!
I think over the foreseeable future we will see this continue due to rising prices in those markets like California and New York. Definitely some cause for long term concern, but this also can give opportunity to other investors that are willing to invest out of state or more people moving to other states like AZ and TX with long term appreciation in these markets.
Consistent growth year over year. Past few years there's been more expansion and development in the outer areas like Queen Creek, but those areas have appreciated even more than phoenix/scottsdale.
Based on how many people have moved here from other states (specifically California, Oregon, Washington, and then a few areas like NY/NJ) along with the amount of redevelopment projects and the chip factory that was put in - I think there will be further appreciation for the foreseeable future.
How much more can Phoenix expand? Is there lots of land around Phoenix to build on?
Post: Where is everyone moving to?
- Investor
- Los Angeles, CA
- Posts 165
- Votes 65
Quote from @Jackson Harris:
Hi Justin, first off this is great and I'm glad you're looking at these trends before going forward.
I'm in Phoenix and obviously you can see that there are so many people moving from the west coast states out here to a cheaper and better weather market. I see it all the time, I did it myself moving from Seattle!
I think over the foreseeable future we will see this continue due to rising prices in those markets like California and New York. Definitely some cause for long term concern, but this also can give opportunity to other investors that are willing to invest out of state or more people moving to other states like AZ and TX with long term appreciation in these markets.
Post: Where is everyone moving to?
- Investor
- Los Angeles, CA
- Posts 165
- Votes 65
I created a heat map showing the population changes in each state over the past five years (2020–2024).
The states experiencing the largest population increases are Florida, Texas, Utah, Arizona, and South Carolina. On the other hand, the states with the most significant population declines are New York, Illinois, and California.
For Real Estate investors. How do you think these trends will affect them in the states with declining populations? Should they be concern?
And how might they impact the investors in states experiencing substantial growth?
Post: what's the best way to find comps
- Investor
- Los Angeles, CA
- Posts 165
- Votes 65
Quote from @Marc Shin:
What's the best / easiest way to find comps on a property?
You can also try Redfin.com