The PPhREI Network Highlights drop once a week and include the best posts from the PPhREI network…
This week the The Darwinian Doctor dropped a great post about millionaires in the U.S. As an 80s kid, I really related to the beginning of this post and find it enlightening to compare today’s millionaires to 80s. Dr. Shin discusses how inflation has decreased the “value” of being a millionaire over the last 40 years. He also shares some impressive stats about the COVID era and how that period of time actually supercharged the path to millionaire status… for some. Check out this week’s post to read more…
Knowing the difference between assets and liabilities is a key concept when investing. The Prudent Plastic Surgeon takes us back to the basics with this post. Dr. Frey knows how to simplify complex topics and he delivers with this post. Click the link below to learn more about assets and liabilities.
2023 is flying by. I can’t believe it is already February and we have started the first CDMD STR course for 2023… It is an interesting time for real estate investing. The fed is raising interests, which is causing downward pressure on prices but the lack of inventory is holding prices for the time being. In addition, bonus depreciation begins to phase out this year and has been reduced to 80%, which is still respectable. There is a lot of fear in the market, but now is a great time to learn your market and analyze properties to be prepared for buying opportunities. There are still viable properties available, the key is finding them.
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