Recent content by WhatsIRR

This describes it better than I could: https://www.google.com/amp/s/www.millionacres.com/amp/real-estate-basics/investing-basics/what-real-estate-syndication/ Each of our properties is set up as an LLC not a DST and are not easily available for a 1031 but since we are owners we do get to claim...

The other option if you can find one you like/trust is syndicates. We’ve invested in 4 properties through syndications. We receive quarterly returns and then will get the principle and appreciation returned when the property sales. You are 100% hands off but have to be ok with someone else...

We had to turn down the bass on our sub. The dialogue was quiet so I order to hear them speaking we had the volume up but every bass hit rattled the house. We took the sub from 70% to 30% and it was much more enjoyable.

Only time will tell. It’s a mix of apartments and hotels. The apartments paid as planned through Covid but the hotels took a hit. Occupancy has rebounded so they should be back on track. I’d expect the apartments to continue to perform but without the planned rate increases but the hotels to...

We bought this one from Costco last year and it has performed flawlessly. Speed is definitely stepped up and dead zones are limited. When I was researching it was consistently rated a top buy...

Those are the 3 funds I use in my 401K/IRA. You may check on taxes using mutual funds in a taxable brokerage. I’ve read that ETFs can be more tax efficient, I have ITOT and IXUS in my brokerage. I also have a bunch of dividend stocks so I am not the most tax efficient…

The $20k is net income to us. These are commercial syndications returning an average 7% cash on cash. 401Ks are currently at $1.7 million. They are all set Boglehead 3 fund style at 85/15 with 25% international. Assuming a normal market over the next couple decades we should be approaching or...

Some theoretical questions: I understand the math behind keeping the mortgage at 2.5% while earning in excess of that in investments. But looking at the straight FI side as you pointed out we are close to a baseline FI with the $20k and 4% draw on the $700k for $48k/yr. If we took $130k and...

Current plan is to ride this horse until it dies and then reevaluate if I need to get another professional job or go work at Academy. The pay and benefits are too good for me to walk away.

As I have seen the world change and my career stability approach zero the last 5 years I have gotten deeper into FI. I enjoy my work if I can keep it so I’m not chasing RE so much as preparing for a forced RE or change. I work in oil and gas and have survived more layoffs than I can remember...

Correct I am still working. The income skew is to help give me a line of sight on exactly where we stand on FI and making it a trackable actionable number. My current micro FI goal is enough dividend income to cover taxes and insurance on our house, next goal will be to cover utilities. I’m...

New guy here that found this forum from a discussion on Bogleheads. I’m soon to be 38 and have actively spent the past few years trying to build a passive income stream through dividends and real estate. I’m looking for FI but not necessarily RE. I’ve survived multiple layoffs the last 5 years...