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15 May 2021 | 4 replies
We tried a local bank and it is too sophisticated for them and one national bank that does not work with WY LLC’s.Anyone have suggestions on a National Bank that can handle our circumstances?
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8 September 2016 | 9 replies
I keep getting my initial perception reinforced that everyone does things their own way for their own reasons.
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27 February 2017 | 39 replies
You will certainly be shut out of desirable large Metropolitan areas and wind up concentrating where anyone can do a GRM, CoCR, 1% rule, etc. which are really, non-sophisticated, non-complex calculations.Once you can understand and use IRR, you can evaluate ANY Investment.If you want to evaluate only Cashflowing Investments using IRR as an example, you set up a series of cashflows which only has the `10 annual Cashflows of the Investment over the 10 year holding cycle.
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3 September 2018 | 79 replies
If they are completely undisciplined financially then yes a 401K it helps them save, If they are more sophisticated and understand real estate investing for example and how it grows your wealth then they can reposition themselves into another investment beyond a 401K like rental properties.Here's the formula: knowing thyself X your own financial education X your own financial plan = YOUR WEALTHMy point here is that anyone can do well and be wealthy(working toward and achieving their individual financial goals, not society's) based on their ability to figure out how they can use their natural strengths and mitigate their weaknesses, coupled with the vehicle and plan that suits them best.
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15 September 2018 | 65 replies
Some of my reasons for making this statement include:Changing perception of Las Vegas - from a tourist destination (“Sin City”) to a good place to live.Historical trends - The historical relationship between home prices and rental prices.The 2018 tax act.Changing Perception Of Las VegasI am seeing a lot of positive headlines like the following:Las Vegas Now the Nation’s Hottest Housing MarketLas Vegas may be the best city to retire in the USLas Vegas is booming again, and bracing itself for next slump - Diversification and the new Las Vegas School of Medicine.Headlines like these “legitimize” Las Vegas as a good place to live, not just a holiday destination.
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29 July 2019 | 57 replies
I think with agents there is a perception that they don't do much and don't earn their commission.
28 October 2019 | 5 replies
I agree a shell is best for large sophisticated tenants, but you are focusing on them as potential tenants only.
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25 June 2020 | 3 replies
https://www.biggerpockets.com/member-blogs/9232/55313-intro-to-section-8---your-perceptions-vs-my-realities
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16 July 2020 | 1 reply
I’d love to hear your thoughts, and maybe even chat with someone who operates a sophisticated property maintenance plan
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4 August 2015 | 31 replies
You do this with lower priced homes, you'll have issues, more than half falling out unless you hold their hand, educate them, monitor them and motivate them to cure what ales them.Having a CPA who got divorced and had medical bills, or any other sophisticated professional, who doesn't need a babysitter is a much better prospect.