Ping Hymas

Not quite. Your looking at RE as a security. Doesn't work like that. It's hard to articulate your thoughts in a single post so I get what you are saying. It comes down to personal preference. But, for me, I like my cash flowing RE. Buying my first commercial property in the near future and just dropped plans for an RV park....would I trade that for Apple or target? No, but you would. Just preference. Plus, im done in four years. Not going to work anymore for w2 income, so the cash flow rox.

Yes, because cheap money in the markets has slowly made its way into RE, which is inflating prices. If you can't buy right, time to build your "war chest" so when something tanks, you can swoop in for the discount. In the areas I "farm" for deals, I'm seeing a steep 20% jump in asking prices, this has ZERO bearing on what I'm willing to pay, however, it has made it harder and slower to get homes on contract, thus I'm potentially losing some of my key contractors to those who can keep their pipelines open, I'm not so bullish right now.

11F, brother, you are spot on! Fact is, I don't hear most of my bros who invest in RE describe it the way you do, so for them I'd advise different strategies. Look, everyone should be able to articulate what they are doing in terms economic and psychological (like your Target example) and describe how it affects the market etc. most can't. I feel that way about long term buy and hold RE. What I really like is listening to all the airline wannabe's talk about their future "dream jobs" and how much they will make....hilarious. No "job" is a dream job. Someone is still telling you when and where to be, 2 bags full etc. Check out those guys picketting for better pay etc. Sorry fellas, doesn't look like fun at all. Got it, its an extreme example, but true passive income means that sure, I'll have to work here and there, but if I want to Ride the Divide on my new mountain bike for a month, I can. Go to Patagonia for the summer, yeah, I can do that. Do a "world year" with my 5 kids, sure. Am I "rich"? No! I have income that shows up whether I do or not, and that is a beautiful thing. Last thing, I have a buddy and a business associate stop by my office this morning. He told me his check from the property manager this month was over $7K. I'm super stoked for him, because, once he retires as a Lt Col, (or Col if he wants) he doesn't have to work and will still do over 6 figures every year. Think about that for a minute. Would you rather make $250K/year working 80 hrs a month where ever, OR $150K/yr passively? Its a no-brainer for me, If I could do it in the markets I would, but right now, long term RE works, so that's what I'm doing. Good luck!

Think owning a business on while on AD is legally OK...maybe, maybe not? Go talk to the JAG!!! It's been tough sorting my way through entrepreneurship. Here's the lessons from this week: http://www.activedutymillionaire.com/go-talk-jag-smoking-hot-wife/ I guess I should enroll in some cheesy online MBA pgm and pretend to be business savvy.

For you real estate geeks out there,I just confirmed that USAA will now insure 10 properties! This is a huge deal for those going into Long term RE investment. Used to be 5. Also, don't forget to look into their umbrella policy. It's a good deal if you have a lot of liability and assets you want to protect. Like 20 bucks a month for a few million....depends on what you have. Good luck!

Love that Pic Huggy!!! Our latest episode features Ashley Drake. Active Duty Army Captain and owner of a CrossFit glove company. Look, if a mother, wife and active duty officer can build a 7 figure business, what is your excuse? Why wait until after AD? Start now, so when others are crowding job fairs, you can take your Tricare and retirement and run or... https://itunes.apple.com/us/podcast/active-duty-millionaire-podcast/id1094054527?mt=2&i=367228557

Shane Clark C-5 pilot talks house flipping from a distance. How to vet a potential partner. Why doing business in Chicago is a PITA!

http://www.activedutymillionaire.com/work-with-us/ Check us out on Itunes, Google play, or just off the website.

Not exactly what I was looking for. Illicit stuff doesn't pay out, just talk to that Bruce Wayne guy, the airline pilot who was doing something similar out of crash pads in Houston I believe.

I'm looking for folks on Active Duty who are running business while still "in". On my Podcast I interview Active Duty Entrepreneurs and ask them to share advice and tips to those that would like to follow in their footsteps. Generally those who are running successful businesses don't necessarily advertise their successes for a number of reasons, some valid, some not so much. If you or someone you know is running a business while on AD, PM me or checkout our website www.activedutymillionaire.com and drop us a line there. Our goal is to help others start and run their businesses NOW rather than wait until a decision point forces a different choice. I think most will be surprised at the number of folks on AD who are running 7 figure businesses, I know I was.

Gents- I think long term buy and hold RE is the way to go. I have been at it for 3 years now and though I am no Trump, I have a nice cash-flowing portfolio that will dwarf my 20 Yr Lt Col retirement (as soon as I can get my hands on it!!!). Sure, nothing is perfect, but speculation in the market vs. a cash flowing property is an easy call. I own both. However, when I get a hold of large sums of cash, I buy RE that produces income, 10 CAP minimum. Mine's all SFR, and this year I plan on buying my first commercial property or multi-fam. I've been looking for a mobile home park or RV park type deal, but haven't been able to put together the right deal. Good luck, just my 2c. Final note, I've noticed that there are those who do rentals as a hobby and those who do it as a business. There is a difference. I created a Podcast and a group to facilitate these conversations. Check it out @ www.activedutymillionaire.com Love any feedback you have. Cheers!