1 March 2024 | 16 replies
We have thousands of years of sound, practical advice that has proven to work.
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3 March 2024 | 53 replies
Glad we are not getting sucked in by this lender that hasn't been able to be vetted.However I do have lenders that are proven to be on the level,and great to do business with.However they usually don't go below 1mm.Email me if you need their info.
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1 March 2024 | 1 reply
Two (2) parcels in a manufactured home area, acquired through tax deeds and sold on open market with owner financing.A 2/2 condo acquired from the Forclosure action on the courthouse steps.A senior community 1/1 condo from a wholesaler.A senior community 3/2 SFR also form a wholesaler.All have proven to be profitable.
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1 March 2024 | 7 replies
I recognize the simple answer is talk to a REI friendly CPA (which I plan to do), but I'm curious what others have deducted to less their own tax bill if they just acquire a couple LTRs over time.
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1 March 2024 | 0 replies
I'm all about the hands-on approach, teaching people how to recognize those golden investment possibilities and even encouraging them to join me in real transactions.
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1 March 2024 | 3 replies
Notably, last year saw an unusual surge in October, which traditionally had been one of the slower months, often trailing only behind September.Seasonal Trends Based on Previous Years:January - Recognized as a mid-season period, January experiences a boost from holiday spending that extends into the first 10 days of the month.
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1 March 2024 | 5 replies
Honestly real estate isnt cheap and had some big legal repercussions so theres going to be fear but it's about looking at your first property, the first flip, or the first time you pitched a potential investor and recognizing the courage it took to take that step.
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4 March 2024 | 71 replies
that we all know does not exist. unless proven otherwise of course..
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1 March 2024 | 19 replies
Not only you'd be against the government's interests but they've already proven they won't hesitate to arbitrarily infringe on your property rights.Why anyone would want to invest in a market where cash flow is deeply negative, the laws favor tenants and the government does anything they can to prevent you from getting capital gains of taxing them mightily if you do get them is beyond my understanding.While it might make sense for a wealthy Chinese to park their money safely in a Vancouver property and not care about making money with it, it won't make sense for the average BP member who's in wealth creation mode.
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1 March 2024 | 8 replies
California does not recognize series LLCs.You also want to look at whether a pass-through entity helps your bottom line and your taxes.