How Does Your Vote Compare to Other Real Estate Investors?

Here is a review of how members of the Real Estate Investing for The W2 Employee Facebook Group polled in 2018. How do you measure up?

Join us! We want to see your vote & read your opinion!

November 7, 2018

And those year end property tax notices are starting to arrive. How many of you have been contributing to your sacred TRIMVC (Taxes, Repairs, Insurance, Maintenance, Vacancy, Capital Expense) accounts throughout the year and have the cash ready to pay?

71% = Yes, I’m prepared and ready!
21% = Wait, you have to pay property taxes on rental properties??
7% = No, I haven’t been contributing. 

October 8, 2018

On average, how long do your units sit vacant during a tenant turnover?

63% = 2-4 Weeks
37% = 1-2 Weeks 

September 30, 2018

Agree or Disagree: Your 401k is simply a prison sentence for your capital.

42% = Nope, depends on your tax knowledge & strategy
26% = Agree
20% = Disagree
8% = A tool to use while you’re employed to buy RE with a 401k loan
2% = never pass up an employer match, then transfer to a SDIRA
Click to Subscribe to HelmsREI

September 27, 2018

Would You Rather: 

73% = $1 Million in Cash
27% = $2 Million in Credit

September 25, 2018

Financial Freedom vs. Financial Independence 

73% = Financial Freedom
27% = Financial Independence

September 23, 2018

What’s your prediction on the direction of interest rates? Increase, Decrease, Stay Flat? 

87% = Increase
10% = Stay As-Is
3% = Decrease

September 13, 2018

What was your effective tax rate for 2017?

(or 2016 if you haven’t filed yet)

28%  = 15-20% Tax Rate
22% = 11-15% Tax Rate
22% = 5-10% Tax Rate
22% = Other Amount of Tax Rate

August 23, 2018

Negative Cash Flowing Property: Asset or Liability?

92%  = Liability
5% = Asset
3% = Owner is the Liability for not correcting the issue

August 23, 2018

Would You Rather…in a newly acquired rental…

74%  = Place your own tenant (yourself or PM)
26% = Inherit tenants

July 9, 2018

How do you read? Audio or Physical Paper?

69%  = Audio while driving/working out
31% = Read while relaxing/sippin’

August 29, 2018

Paid Learning / Mentoring: Have You Used It? Would You Ever Use It?

50%  = Would Consider Paying
18% = Self taught, so I can teach to others thru my own mistakes
14% = Have paid and it was a mistake
14% = Have paid and it worked out well for me
5% = Would never pay any amount

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Author: W2 Capitalist

I have built this community to connect motivated and ambitious W2 employees who have a successful and fulfilling job but want to build wealth for their family through real estate investing. What makes me the expert? Depends. I’m not the expert to everyone, but I am the expert if you’re behind me on this journey. I’ve been climbing the corporate ladder since 2001 and started actively investing in real estate in 2014. I currently hold a portfolio of 323 units, including single family residences, small multi-family residences and apartment syndications. Since my wife and I started investing, we have grown our net worth 10x and increased our annual income by 60% with these rental properties.

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