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4 February 2025 | 12 replies
Some people are able to save money and budget and others are not really good at it.
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11 February 2025 | 4 replies
There are plenty of people looking to deploy cash into real estate but don’t have the knowledge or bandwidth to run a successful flip or BRRRR.
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30 January 2025 | 10 replies
Our virtual meet up is around 30 people.
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13 January 2025 | 7 replies
If you give someone over 19% membership interest in the deal, the bank will usually require a personal guarantee from that individual.
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31 January 2025 | 24 replies
A lot of people go in expecting these programs to completely change their lives.
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12 February 2025 | 11 replies
Thank you James, you’re right, it’s so much easier dealing with the right people who as you stated, shoot you straight!
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30 January 2025 | 19 replies
These are people whose full time job is to effectively manage the assets on behalf of the investors.
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29 January 2025 | 0 replies
I started this company because I want to be a source for people and be that stepping stone for people who want a better life.
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11 February 2025 | 15 replies
It's slower, but patient people tend to make wise investments.
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25 February 2025 | 11 replies
There are pros and cons depending on your goals.Why an LLC Might Be a Good Move• Helps protect your personal assets in case of a lawsuit• Makes it easier to bring in partners in the future• Keeps your real estate finances separate from personal accountsWhy It Might Not Be the Right Move Just Yet• Most traditional lenders will not give a mortgage to an LLC, so you may have to use commercial or DSCR loans, which usually have higher rates• Some people assume an LLC will save them money on taxes, but rental income is still taxed as pass-through income for most investors• There are extra costs like annual filing fees and bookkeepingA lot of new investors get stuck on this decision, but the reality is, you can always start out in your personal name and transfer properties into an LLC later.One more thing I wish someone told me early on is that property management takes more time than you think.