The New York Times finally got a hold of Donald Trump’s tax returns for the past 2 decades. Aside from the audits, hundreds of millions of dollars in personally guaranteed loans coming due, and illicit write off activity, it seems most people are focusing on one thing: income taxes paid, or lack thereof. According to the Times’ […]
Continue reading
My real estate investing journey began the same way most people start. I was in a dead end situation and got sucked in by the promise of fat checks, passive income, and paying less taxes. I became obsessed with all things real estate. I spent most of my free time reading books on buying rental property, […]
Continue reading
When it comes to buying residential rental real estate, there are 3 “Rules of Thumb” investors keep in their back pocket. These 3 guidelines are meant to serve as a checklist and are by no means enough to make a final decision on whether an opportunity is lucrative or not. At the same time, an investor often […]
Continue reading
I’m currently experiencing what most would describe as a “good problem to have”. It’s one of those situations where all the alternatives are pretty good options. I can’t really go wrong with any selection. Maybe you can help me decide. I’m going to tell you the decision I’m facing and I’d like to know… What Would YOU […]
Continue reading
A real estate investment came across my desk and we’re highly considering purchasing it for personal use. It also happens to make for a great long term investment. In this post, I’ll take you through my thought process in evaluating the opportunity. Opportunity Detail:First, let’s start with what we know about the property now. Deal Type: Off-market (not listed […]
Continue reading
My parents own a small roadside motel in Montville, NJ. They’ve owned and operated this business full-time since the mid 80’s. But if you ask my dad today what he does for a living, he would say, “I’m retired, my son handles the family business.” My dad is currently 65 years young, and this past month proved […]
Continue reading
When people who are parents find out Dia and I are pregnant with our first child, the response is always the same. “You’re going to struggle with X, but it’s all worth it.”You’re going to lose a lot of sleep, but it’s all worth it.You’re going to completely lose your routine, but it’s all worth […]
Continue reading
When we finally made the decision to close our franchise restaurant in October 2017, we started to assess potential damages. I knew we weren’t going to be able to just lock the doors and walk away unscathed. We had to perform damage control. I had to negotiate my way out of a lot of service contracts […]
Continue reading
My friends Francis & Lawrence reached out to me in the middle of January 2019 to ask if I was interested in partnering with them on a fix and flip project in the Brewerytown submarket of Philadelphia, PA. After hearing the numbers, I couldn’t wait to sink my teeth in. There was only one problem. […]
Continue reading
My parents came to the US in the early 80s, a couple years before I was born. If you’re a first generation American in an Asian family, we’re practically siblings. We grew up with a basic understanding of a few things. 1) Always finish the food on your plate. 2) Don’t wear shoes in the […]
Continue reading