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6 February 2025 | 12 replies
Rich Dad, Poor Dad is a great mindset shift, and The Book on Rental Property Investing is a solid next step!
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27 February 2025 | 40 replies
I just happen to know a couple of dentists who thought they wanted to be dentists but during their career shifted focus.
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29 January 2025 | 6 replies
After 20+ years in real estate partnerships, here's what actually puts you on the IRS radar (and what doesn't):REAL Red Flags That Matter:The Partner Complaint TriggerDisgruntled partner files Form 8082K-1 disputesPartnership disputes leading to tax filingsReal Impact: Instant IRS attentionSuspicious Loss ClaimsLosses exceeding investmentArtificial basis inflationSudden large losses without economic realityExample: $100K investment claiming $500K lossesRelated Party GamesCircular property flipsBelow-market transfersFamily partnership schemes without substanceWatch Out: IRC §267 and §707(b) violationsDebt Engineering Red FlagsBasis inflation schemesArtificial guarantee arrangementsPartner debt shifts near year-endCritical: IRC §752 compliance matters!
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10 February 2025 | 9 replies
Have you looked into shifting to an STR or MTR (depending on your location)?
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20 January 2025 | 7 replies
HighLevelAccounting & Finance: What tools make bookkeeping and financial tracking seamless?
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14 February 2025 | 43 replies
In short, my experience has been great and I've already experienced some pretty profound shifts as a result.
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20 February 2025 | 32 replies
While they don't offer tenant screening within the platform just yet, they integrate seamlessly with Apartments.com (which you already use!)
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7 February 2025 | 6 replies
Rich dad poor dad really shifted my mindset about how i think about living my life and pursuing my career.
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25 January 2025 | 6 replies
The right agent will have worked with Canadians before, will have lenders set up that can work with Canadians and will have a seamless process for management.Not only can an agent set you up with a GC, property manager, lawyer, insurance broker, inspector and everything else you need, they can analyze deals and put numbers in front of you.Your job as an investor is to vet the vendors they are providing and double check their analysis.
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30 January 2025 | 0 replies
By systematizing these areas, you can shift from a reactive approach—where deals dictate your strategy—to a proactive model that generates high-quality acquisitions with reduced risk.2.