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All Forum Posts by: Matt Millard

Matt Millard has started 14 posts and replied 331 times.

Post: I'm 33 and don't want to go to work

Matt MillardPosted
  • Lewisville, TX
  • Posts 341
  • Votes 264

@John Teachout

Not in flower mound, TX or almost any Dfw suburb. Need to make at least $180k to be lower middle class.

Post: Galveston / Crystal beach rental income for newbie

Matt MillardPosted
  • Lewisville, TX
  • Posts 341
  • Votes 264

@Andrew Johnson

I found a property in Crystal beach that is $570k & rents for $3k in off season $6k in peak with some down months...

That would be great cash flow if it were not for vacancy, 3 insurances & sky high property management fees?

We like Outerbanks, North Carolina & make 6-8% depending on the year after all expenses.

Use to make 8-11% on my Oklahoma campus rentals.

Post: Why can't I find a job?

Matt MillardPosted
  • Lewisville, TX
  • Posts 341
  • Votes 264

@Steve Vaughan

I’d be interested in hearing your whole list of 18k things to generate income both passive & non. Have some passive income but still building & typically try several things at one time.

Post: Being Discouraged by Family

Matt MillardPosted
  • Lewisville, TX
  • Posts 341
  • Votes 264

@Jason Holt

It’s now cheaper to buy a lake house 15 minutes from the city in Tulsa than living in tiny 1 bedroom government housing in Denton County, TX!

Post: Bitcoin

Matt MillardPosted
  • Lewisville, TX
  • Posts 341
  • Votes 264

@Daniel Northcutt

Everyone will say I’m nuts like McAfee but I think bitcoin will one day hit $1 million & beyond! And $55k around the Halfing in or after mid may!

Post: Negative interest rates and real estate

Matt MillardPosted
  • Lewisville, TX
  • Posts 341
  • Votes 264

I want to hear from the most economically informed BP members about their thoughts on the slow poison of negative interest rates & how it effects our industry & investing going forward.

Post: Mobile home sales in Texas

Matt MillardPosted
  • Lewisville, TX
  • Posts 341
  • Votes 264

@Michael Walker III

Land & parks only typically.

Post: Best Conferences for Multi-Family Investors

Matt MillardPosted
  • Lewisville, TX
  • Posts 341
  • Votes 264

@Todd Dexheimer Old Capital in Dallas. Late October!

Post: 25% flipping tax??? Not cool.

Matt MillardPosted
  • Lewisville, TX
  • Posts 341
  • Votes 264

@Ryan Proffit

As a strong Conservatarian & die hard Austrian/Biblical Economics Capitalist I’m totally against this.

Not to mention that I just flipped a house in Frisco, TX on a golf course & did an excellent job & made $36k, yet I lost money on the deal due to a greedy mother in law who pocketed the whole lump sum at sale & never paid the 1/3 split, then went on to spend $600k in a few months!

So I now know what’s it’s like to work your *** off taking constant trips to lows & dump & scheduling & cutting tens of thousands of cost on everything & then be taxed by a family member at 100%!

I can easily handle a Socialist Democrat like Bernie after this!

Post: Room renting to college students

Matt MillardPosted
  • Lewisville, TX
  • Posts 341
  • Votes 264

@Kyle Tipton I got free stuff, let tenants bring it & leave it & used next door like sites & craigslist.