
8 January 2025 | 9 replies
This reminds me of a police officer pulling somebody over without reasonable cause and asking to search their vehicle and if the person does not consent, they’re saying you must have something to hide.

11 February 2025 | 1681 replies
As your expenses come through, you pay them out of HELOC (ex: Vehicle payment on the 15th - 15 days of interest saved.

11 January 2025 | 11 replies
Here are the numbers:IncomeTotalPartner ContributionsManaging Partners Debt$0.00Partners Deposits$987,459.99Total Contributions$987,459.99Operating IncomeAirbnb Income$50,186.50Square Income (Vehicles or add-ons)$6,741.04Total Operating Income$56,927.54Total Income$1,044,387.53ExpensesPurchase of propertyCost of House-680,000.00Closing Costs-$26,744.44Total Cost of Purchase-706,744.44Set Up ExpensesHouse Improvements & Care taker home addition-116017.03Adding Tiny House-52130.83Furnishings-68403.65Vehicles-43150Set Up Costs and Advertising-2339.53Total Cost of Set Up-282,041.04Operating expensesCare Takers-14535.9Additional Cleaners-1505Cleaning Supplies-2670House Supplies-1340Landscaping-4230.66Utilities (Power & Water)-8204Internet-315Pest control/fumigacion -120Pool cleaning/maintenance-2220Vehicle Gas-552.3Vehicle Maintenance and Repairs-6625.01Welcome Food for Guests-115Property Repairs-4999.64Bank Fees-1208.06Accounting Fees-1085Insurance-955.74Other Expenses-1071.2Total Operating Costs -$51,752.51Total Expenses-$1,040,537.99Net Income$3,849.54Net Operating Income$5,175.03Now 5k for an investment of 970k is not a good investment.

6 January 2025 | 4 replies
Pay your vehicle loan, credit cards, etc because in 12 months all of the accounts you pay out of a business checking account will be omitted from your DTI in the future.

9 February 2025 | 173 replies
you may want to consider investing then with some of the known top shelf syndicators if you want cash flow real estate. trying to buy low to mid range rentals probably not your bag.. it will be what it is.. inconsistent and for someone like you that is pretty detailed probably not an appropriate investment vehicle there is no real upside.

2 January 2025 | 14 replies
I would not buy a new vehicle just to get a write off - Only if you planned to get a new car anyway(I.E. if your old car is worn out).A lot of people are focused on deducitons but not focused on the income coming in / out.Best of luck!

14 January 2025 | 17 replies
The California government will deal with the damage the same way all governments do , they will find a way to raise taxes or get the Feds to pay for it ( that will be difficult with the new administration ) Here is what I find ironic , California has C.A.R.B. to pass regulations on vehicle emissions .

3 January 2025 | 7 replies
The closest analogy I can make here is when someone "takes over payments" on a vehicle.

21 February 2025 | 250 replies
All of us as investors know this inherently; we make investments based on our best information and guesses on how the vehicles we choose will pan out.

10 January 2025 | 17 replies
I recommend a few things: define what you want to achieve and why investing in the US is the vehicle to achieving that ROI.