Thach & Stephanie are the real deal.Most of us invest in real estate to create wealth: more income, tax breaks, more time doing what we want to do, etc.I joined Springboard to Wealth in May 2021 with the goal of learning how to be a better investor & agent, and with Thach’s 25+ years of experience (at the time), local to Seattle, and one of the only true BRRRR investors & mentors it was clear he would be someone to look up to and learn from.So while you mostly see Thach influencing on social media from all his success in real estate, don’t discount Stephanie’s background as an experienced therapist because she’s a silent killer investor herself and with their combo, you not only learn how to invest in real estate, you also learn how to master your mindset, your money, your relationships, etc. opening up life’s abundances.They say you’re the average of the 5 closest people in your life, and I’m grateful to have made so many close friends from springboard, it’s truly a family.

You know I am a cynic like you Colin but I give Bill Faeth a lot of credit because he is the only influencer that has built the majority of his wealth from strs AFTER covid, and who continues to buy and heavily cash flow on properties today, with today's prices, today's rates, and today's saturation.Most of the STR influencers have a pretty simple formula for how they got rich.1) Buy STRs pre-covid when prices and rates were low2) Do a mediocre or even below average job managing them3) Profit because their debt service is so low.4) Pretend they're a genius and sell courses teaching people how to match their below average returns, which only work for them because their debt service is so low.Most of these folks have not bought any new properties since 2023, and if they have they are hemmorhaging money on them and proudly brag that they are still great tax write-offs (for all the money they're making coaching people how to be a bottom percentile host).Bill is the exception, he buys 2-3 properties a year, every year pretty much, and shares the financials.It was a great conference. 

If you're young, hardworking, ambitious and aspire to financial freedom.

I'm afraid that you have also heard excited gurus and influencers screaming that we just got "an extra $30,000 deduction!!!"

Next I wanted income property but Short  term Rental (STR) is Fighting for its life in 3 counties bc of the casino/hotel influence I  think.  

@Gp G.You need to hire a financial planner.

The financial hole was substantial, turning a potential profit into a severe loss.

This means putting legal and financial safeguards in place to shield your personal wealth from lawsuits, creditor claims, and liabilities that may arise from your investments.

Over the past month, I’ve been devouring books, audiobooks, and podcasts to build up my financial literacy.

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