All Forum Posts by: David Dachtera

The numbers make or break a deal.

Can you buy it, fix it (if needed), hold it make a monthly profit? Do the numbers show this?

That's where I would start.

Hi, William,

You'll want to have a good tax attorney / tax accountant on your team, hopefully the same person.

The idea of a business entity structure is primarily to facilitate asset protection.

You want to "control everything, own nothing" so as to be as unattractive a lawsuit target as possible.

You want to assure that a lawsuit from one property will not endanger others, or at least not a "large" portfolio of smaller properties.

You want to emplace a layer of protection between your entity structure and yourself personally, as well.

A qualified tax and legal professional can explain it (I'm not!). I can refer you, if you need one.

@Munira Hassan,

Other metropolitan areas with mass transit might be good to explore.

Chicago Metro, for instance, has commuter rail service (Metra) in the outlying areas while the city has the long-established Chicago Transit Authority (CTA) light rail system. All rail service hubs on the downtown area, and suburb-to-suburb transit options are limited to those suburbs along the rails lines.

Those properties near the stations have the best values.

A key consideration, of course, is the location of centers of employment. Where the jobs are compared to the rail termini and stations will determine the perceived value of rail transit and, thus, rail's impact on property values.

Dunno if this helps...

@Kevin Carraway,

You'll want to have a good tax attorney / tax accountant on your team, hopefully the same person.

The idea is primarily to facilitate asset protection.

You want to "control everything, own nothing" so as to be as unattractive a lawsuit target as possible.

You want to assure that a lawsuit from one property will not endanger others, or at least not a "large" portfolio of smaller properties.

You want emplace a layer of protection between your entity structure and yourself personally.

A qualified tax and legal professional can explain it (I'm not!). I can refer you, if you need one.

Your motive was just made abundantly and inarguably clear: you're here to attack and accuse.

Yeah - sounds like someone -I- want for a mentor.

At least if what you said were true then someone looking to learn how make money might find that more profitable than arguments and attacks.

I think it's time for an administrator to come in and close THIS thread - it has ceased to be of any value at all.

You and I both know very well why ... don't pretend that you don't.

#1: What kind of data would you like to see? Again, there is an appropriate forum for that level of discussion - this is not it. Come to a presentation or sign up for a webinar. Learn first, criticize never.

#2: The folks I learned it from would likely disagree, especially since legislators and bank regulators listen to THEM and seek THEM out for their advice.

#3: Not sure how to respond to that - sounds like school-yard stuff. We're being taught by successful, respected instructors who take time out of their own business - AT THEIR OWN EXPENSE AND WITHOUT PAY! - to pass on their knowledge. If anyone here is called upon by legislators, bank regulators, legislative committee members, etc. -AND- has a lucrative business from their specific area of expertise, I'm all ears - until the attacks start, then you're toast.

Well, if I were just coming into this I would look at that thread and consider how some people are willing to stand up for what they believe in without yielding and without attacking the opposition.

I would also consider how relentlessly their opponents mount those attacks.

Call me old-fashioned, out-moded or whatever, but I believe that those who will unyieldingly stand up for what they believe in in the face of unrelenting opposition are the ones most likely to succeed and are the ones I would want to follow and the relentless, negative attackers are the ones I would want to avoid.

Not a popular viewpoint here, I realize. If nothing else, at least I'm consistent.

#2: I keep trying, but all the uneducated investors insist what I'm learning from the $1M/yr crowd is wrong. They seem to think they have room to talk, so I guess they're all making $10M/yr...

#3: Working on getting a couple deals right now.

#4 Repeat after me: Renatus is *NOT* MLM. Keep repeating that until it becomes second nature. You still might not believe it, but at least it's the truth.

#5: Do YOU have first-hand experience with Renatus? I do.

(#8) Probably, unless you like war movies. If defense were not necessary I wouldn't be here, and my content would be more interesting. Hard to be interesting when I have to keep shooting down the same tired rhetoric over and over and over and ...

(#9) The problem I have there is that if I don't defend, we're considered push-overs. If I do defend, well, read your own words above. It's a lose-lose-proposition. I'd rather appear strong and tiresome than weak and worthless.

(#10) Again, I keep trying, but the entrenched denizens don't like me impinging on their fiefdoms. Not much I can do there.

What amazes me is the way the BP fans stick up for the bullies. In any motivational speech I've ever attended or given, negative people are always painted as the losers - here, they're worshipped. Makes me question whether BP has any real value other than a forum for them to vent their spleens.

Again, my apologies for the tone of this. You deserve a better response than I am able to give when I am in defensive mode.

 ...and for anyone who wants to know the TRUTH about Renatus, visit the MyRenatus website to get first-hand information rather than the speculation and conjecture spewed here.