All Forum Posts by: Marcus Johnson

@Kyle J.

I left California in 1995 because I couldn’t find a good enough paying job and expenses were so high. I loved California itself, I just don’t agree with their politics or tax issues. 

@Alexandre Marques dos Santos

I’ve owned my duplex since 2014, and every year rents have increased. So maybe it’s your market. 

@Evan Dieffenbach

A paid off student loan is guaranteed to give you a return on investment. If you invest in real estate, anything can happen because there’s risk involved. You could end up with Less then when you started or profit So it depends how risk adverse you are.

@James Edward

I hope her in a bubble please sell me everything you have at a discount.

@Julene Webb

Is that on a 15 or 30 year mortgage? We are at 2.4% on a 15 year term.

@Charles Bradford

Question can you evict if you don’t have a mortgage on the property?

@Jeffery Callis

Not to meddle but that would mean you gained an individual networth not including anyone else involved in your deals of 3 to 5 million right?

@Katie Greenman

I turn 50 today and what I’ve learned is that you can do both. Roth IRa’s have a ton of advantages, tax free withdrawal, no minimum distributions, you can take out your contributions only with no taxes paid and if you start rarly in your 20’s you will end up with millions without doing anything except buying a Tortola stock market index fund on a regular basis. Easy.

Real estate is a lot more work, but it can be very enjoyable. So after maxing out your Roth IRA and getting your free match from your employer on your 401(k), save up whatever you can work extra job start a handyman business or a consulting business on the side, rack up a 25% down payment on a multiplex.  find a good deal 15 year term, screen good tenants and take care of the place and learn the business. The cash flow you will make will be incredible and the appreciation will allow you to put more money and wait to save up another down payment on another multi tracks. Repeat repeat repeat.

@Shiloh Lundahl

Neither. I've learned in the past three decades that some thing major happens every 10 years, and I don't want to be at high risk by being overleveraged. Back in May 2020, I sold a very successful Airbnb business because it was just way too much work. I'd rather have more time in my life to spend with my family and kids. I also refinanced our rental in Minneapolis to a 15 year term at 2.75%and the cash flow on the property is excellent, and I want the renters to pay it off, I'm at 40% LTV. I will conservatively save money up to put a 25% down payment on the next property at a 15 year term and cash flow. This is my risk adversity.

@Eric Canning

By the way I forgot to mention I am a five time over super host, so I know what I’m talking about.