Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Richard Harbison

Richard Harbison has started 2 posts and replied 3 times.

My son and his fiance' are purchasing their first home.  It's a fixer-upper.  Needs basic cosmetics and some plumbing.  They got a good deal and a good loan (0 down, 30 year fixed).  How do they go about financing the renovation costs?  The bank said they really don't do renovation loans. Thanks in advance.

Post: Helping My Teenager Start Business

Richard HarbisonPosted
  • Posts 3
  • Votes 1

I agree completely, Scott!  His success will come from his initiative to generate business and his ability to teach himself.  I'm just making sure we don't get the cart before the horse.  

Post: Helping My Teenager Start Business

Richard HarbisonPosted
  • Posts 3
  • Votes 1

First of all, I turned to the Bigger Pockets community because of the incredible entrepreneurial spirit I have found listening to the podcasts.  My son is starting a real estate photography business using a 360-degree camera.  He is already establishing relationships with realtors, rental property owners, home stagers and custom home builders.  He's got his business name, designed his own logo, ordered business cards and is setting up his website and social media presence.  

What I need to help him with is setting up his business legally here in Texas.  I've tried to find information on helping teenagers start a business but I can't seem to find the information I'm looking for.  This is a little beyond lawn mowing or dog walking.  My concerns are registering a business name, taking payment, setting up a bank account, paying taxes, etc.  I want to help him avoid costly mistakes in setting up his own business.  He will be a senior in high school and plans to major in marketing.  He also has secured a job with a 20-something entrepreneur who started his own very successful marketing company.   

My desire is to help him set up a good foundation that he can build his business on.   I know that this community is full of entrepreneurs who are driven like my son.  Thanks in advance for your advice.