1500 Days to Freedom

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1500 Days to Freedom

Real Estate

JL Collins And The Difficult Path To Wealth

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Hey look, JL Collins, author of The Simple Path To Wealth, is out with a new book:How I Lost Money In Real Estate Before It Was Fashionable is JL's true story of a disastrous real estate transaction. Short of being electrocuted, everything that could have gone wrong went wrong. And then some.The story starts with JL trying to decide whether he should buy a Porsche or … [Read more...] about JL Collins And The Difficult Path To Wealth

How To Successfully Flip Homes For Fun And Profit!

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Live-in flipping is a great way to make large amounts of money tax-free. You have to live somewhere, so why not live in a home that will help make you rich?In this post, I'll share:How I got started with home flippingMy deals including my numbersMy best tips for live-in flippingLearning How To Get My Hands DirtyI never planned to be a DIY home flipper. I just … [Read more...] about How To Successfully Flip Homes For Fun And Profit!

To Rent Or Own: An Odd Tale Of Buyer’s Remorse

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Today's guest post comes from Leif over at Five Year FIRE Escape. Leif bought a home, but now questions the purchase...Have you heard the sad, sad news that us millennials will be stuck renting forever? I know. How unfair. And here’s some more sad news: If you do own a house, it sucks in retirement. From your math teachers to your parents to the random … [Read more...] about To Rent Or Own: An Odd Tale Of Buyer’s Remorse

Five Tips For Finding Your Next Frank Lloyd Wrong Home To Flip (with Video)

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Live-in flips are how Mindy and I built the core of our nest egg. The huge advantage of a live-in flip is that unless you're making loads of money, you don't have to pay taxes on the gains. As long as you've lived and owned the home for 2 of the past 5 years, a married couple can make up to $500,000 in profit and pay NO taxes (the limit is $250,000 for the unmarried). And if … [Read more...] about Five Tips For Finding Your Next Frank Lloyd Wrong Home To Flip (with Video)