I make 500k a year. Mind you I have no children and zero debt. I have a six figure portfolio (Stocks, crypto crowdfunding real estate, savings, and CD's) it wasn't easy. I hustled, saved, and invested my money. I always tell people "Money can't fix stupid"
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience.
I am building my first DADU near Greenlake and I’m the GC and I plan to do more. I think it would be very helpful if you did a video on how to get contractor pricing instead of homeowner pricing for Sub bids. I am not getting the same numbers as you are. Thanks for your videos!
So if your city doesn't have the seperate tax ID process yet, wouldn't you still move forward with building the ADU and then apply for the ID once it's available?
with them counting as separate properties, does the value of the first house go down since the land is lost to be used for the second property if it were to be sold separately?
I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?
"Overall, buyers hold a lot of the cards right now, and sellers are having to give out more concessions to close a deal." All the best, buying on sale is actually one of the best ways to invest in stocks, and advisors are ideally suited for such taskRead more
@@PatriciaNatasha1100 It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
@@belenkayaarina7860 There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Claire Robert’s Durand for about five aiyears now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
I live in Philadelphia, PA. With a quick Google search it shows ADU's are only available for Single-family homes and must exist attached or semi-attached (within a 10 foot distance of the main unit.) Would anyone happen to know what dictates that 10' distance? Does it have to be wall to wall? Or could I extend the ADU's front lawn so that their property line is within that 10' parameter?
Hey Thach , very good video . I can do better editing in your videos which can help you to get more engagement in your videos . Pls lmk what do you think ?
i hear squatting is terrible in seattle hope Thach never has to go through that but he probably already has the city is even paying for people to squat which is insane
Got a duplex in Puyallup. Want to build an adu. Where do i start? Will pierce county allow separate tax ID? Is a mobile home or modular home qualify as an adu? Thanks
Thach why you always asking us to comment when you never respond 🙁 My question was: does age matter when buying properties and what is the maximum age of property you are ready to accept. I saw a good priced deal in my area but the house is almost 300 years old. ( I live in Europe by the way!)
the tx state senate introduced legislation to ban single family zoning i think. hasnt passed though last time i checked. but yea this kind of stuff is the future
