TheWealthCoach
@indexnforgetit
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Author of Intro to Investing || On a mission to help 1,000 people learn how to start investing || DM for help with Twitter growth
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Joined July 2020
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DIY car repairs have probably saved me $35,000 over my lifetime.
For Those Who Don’t Work on Their Cars:. I didn’t either. But with 5 cars in the family, and $1000s going out the door seemingly every month, I had to reconsider. So I did two rear break jobs installed a few muffler parts, and changed 2 batteries and alternators in the last 2.
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RT @indexnforgetit: Is $5/day on coffee keeping your poor?. Probably not. but here's where the real problem happens in something I like t….
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RT @indexnforgetit: This is false. The housing crash was caused primarily by:.- Adjustable rate mortgages.- 0% down loans.- No income or as….
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Is $5/day on coffee keeping your poor?. Probably not. but here's where the real problem happens in something I like to call The Consumer Spiral . The consumer spiral: . Step 1. I'll just buy a coffee every day. $5 = $150/month . 2. Maybe I'll get a muffin as well $4 =.
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This is false. The housing crash was caused primarily by:.- Adjustable rate mortgages.- 0% down loans.- No income or asset verification of buyers.- Very lax lending policies.
@indexnforgetit Treating houses as "assets" was the cause of all the loans defaults. Ex. Joe gets a loan because they didnt vett him properly. He pays his loans with what he gets from renting them. Unemployment rises so tenants defaults and then he soon does the same for his house loans.
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RT @juancrawfordSMB: PROPERTY #5 REHAB COMPLETE. Couldn’t be happier how this turned out. Property will be up for rent by the weekend and h….
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RT @indexnforgetit: Thanks to FHA loans you can literally: . - Buy a 4plex with 3.5% down .- Live in it for 1 year while tenants pay the m….
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RT @indexnforgetit: Dave Ramsey didn't get to be worth $200million by never using a credit card and paying off his home early . He got to….
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The world is healing.
BREAKING - People are now using the Iceblock app, originally created to help illegals avoid ICE raids, to falsely report ICE sightings and force them to clear out of grocery stores.
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Thanks to FHA loans you can literally: . - Buy a 4plex with 3.5% down .- Live in it for 1 year while tenants pay the mortgage .- Move out and have a cash flowing property .- Buy another and repeat . Because real estate 🏠.
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RT @Lifeinvestmoney: Literally just heard this conversation, one of my own coworkers to another:. "I heard about this guy. and this isn't….
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This is an underutilized wealth building tool.
There are only a few free lunches in tax - Section 121 is one of them. Live in your house 2 years, sell it, keep up to $250k ($500k if married) tax-free. I have met several people who have earned 1MM+ tax free by house hacking this way. An opportunity you shouldn’t miss.
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Yeah but these are the same people telling me 9% average market returns weren’t significant.
@SimplyBitcoinTV If Bitcoin grows only 10% annually, starting at $100k, in 50 years it could be worth $11.7 million . So 1 BTC would already mean generational wealth.🚀.
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You're busy blaming an entire generation for your lack of success while your peers are busy building their lives. Stop complaining and get to work.
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