Come enjoy some pre-season holiday cheer. We will be celebrating the growth of our club and, more importantly, the growth in our member's passive income!!! There will be awards, please check your email for how to vote for award winners.
One reason some people will not invest in real estate is they think it is risk. But real estate can be much less risky than the stock market with a little due diligence. How do you look into a deal to make sure you fully understand the risks? Due diligence. We will be hearing from Len and Cory Janson. Members of our club that have closed a number of deals in several states. single family, plexes, apartments, and commercial space; the Jansons have analyzed a lot of properties. They will be sharing their playbook for how they dig into details of a property to understand all the challenges.
Ben Franklin say "nothing is certain except death and taxes." We will hear from Kenneth Blaine with Credits and Incentives Crop. There are some activities (creating a film for example) that some states will provide tax credits. If the creators cannot use all of the tax credits, Kenny's company will help sell them to high income individuals. They are sold at a discounted rate so the return seems nearly as certain as paying taxes.
Chad Laird works with Granite Peak Equity. They put together syndications and other investment opportunities in the apartment space. A syndication is a group investment, and a great way for investors to participate in real estate, while leveraging someone else's time and expertise to put the deal together and manage the investment. Chad will provide an example of a past investment and talk about what syndication looks like.
Every few months we like to have a session where we have open discussion. The collective knowledge of the group is such that these open-ended discussions often produce a pile of good information. Bring your own favorite beverage or snack; and if inclined bring enough to share.
Logan and Katie will be sharing about some of their recent real estate deals including a tour of the building their business is in. How do you find deals in an inflated market? How do you juggle running a business, raising kids and all the business of life while going full steam with the real estate side hustle? Find answers to these questions and more. You might find a few members before or after meeting at a table at Outlaw Brewing.
Financial independence (FI) is a term for creating enough passive investment income to pay your bills. Creating your first $100 per month of passive income is a huge first step. Once you achieve this you are hungry for more, but investors can get bogged down in the grind of the slow build, losing sight of what they are shooting for. Whether you are within striking distance of the summit of FI, or it seems so far off it is a distant speck; making a plan can keep you on target, maintain your motivation, and shave years off your journey. Over three months we will be talking about putting together a plan and what it looks like to achieve FI. We will hear from three Bozeman investors, that have taken three very different paths all with the same destination - FINANCIAL INDEPENDANCE BABY!!!
This month we will hear from an investor that achieved FI about two years ago. He will share his journey, some principles he relies on, lessons he learned, and what it looks like from the other side.
Financial independence (FI) is a term for creating enough passive investment income to pay your bills. Creating your first $100 per month of passive income is a huge first step. Once you achieve this you are hungry for more, but investors can get bogged down in the grind of the slow build, losing sight of what they are shooting for. Whether you are within striking distance of the summit of FI, or it seems so far off it is a distant speck; making a plan can keep you on target, maintain your motivation, and shave years off your journey. Over the next three months we will be talking about putting together a plan and what it looks like to achieve FI. We will hear from three Bozeman investors, that have taken three very different paths all with the same destination - FINANCIAL INDEPENDANCE BABY!!!
Part 2: The Launch. This month you will hear from an investor that is in the midst of achieving FI this year.
Financial independence (FI) is a term for creating enough passive investment income to pay your bills. Creating your first $100 per month of passive income is a huge first step. Once you achieve this you are hungry for more, but investors can get bogged down in the grind of the slow build, losing sight of what they are shooting for. Whether you are within striking distance of the summit of FI, or it seems so far off it is a distant speck; making a plan can keep you on target, maintain your motivation, and shave years off your journey. Over the next three months we will be talking about putting together a plan and what it looks like to achieve FI. We will hear from three Bozeman investors, that have taken three very different paths all with the same destination - FINANCIAL INDEPENDANCE BABY!!!
This month Part 1, Putting Together a Plan: This month you will hear from an investor that has had such success in recent investment moves, that he realized FI was within reach within years (single digits). He has been crunching numbers and working out the details of what it will look like for him. He wants to make sure the math works and that he does not reach a false summit only to realize he has further to go. He will discuss the math behind FI and the nuts and bolts of a plan.
Open discussion of investment strategies, successes, etc.