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Results (10,000+)
Nicholas Woo what are your thoughts using Anderson advisors?
21 January 2025 | 31 replies
With enough knowledge you can make a educated decision on which approach you take.My experience:I personally don't sign up for any program who take you aside during events and try to sell packages that is just blatant sales strategy.Once you sign up there is every attempt to make you sign for their programs for bookkeeping, registered agent, LLC or corp setup fee which have ridiculous even with platinum membership.Basic standard structure they suggest to take advantage of multiple deductions can be easily achieved by proper education or work with a good firm like https://wcginc.com  who is local to you.A umbrella C-crop to manage all other LLC properties and take advantage of many tax deductions that are not available with a llc, its also used to take losses up to 100K as startup expenses and dissolve the entity after few years.Few LLC entities for investing in Real Estate, etc preferably in Wyoming or Nevada ( you can find many companies online who can do this for $150 compared to anderson $1500-$3000) , they will claim they have a secret Operating agreement which is bogus.They certainly try to take advantage of tax loopholes and claim to be smart people, my view they are just taking advantage of numbers as per their own statements.
Pankaj Malik Tenant threatening to sue and wants to extort money
19 January 2025 | 27 replies
Now the tenant may have a legitimate personal injury claim and more.3) "Citing Renters Insurance declined coverage"- So, tenant has Renters Insurance?
Alan Mills Seeking Strategies to scale up
21 January 2025 | 5 replies
If one project slows down, others can keep moving.Stagger Projects: Start planning your next project while finishing the current one to keep your pipeline full.DSCR Loans: These loans focus on the property’s income, not your personal income, which can help you finance more properties.StrategyFlip and Hold: Flipping one property while prepping another for rental keeps cash flowing and builds your portfolio.BRRRR Timing: Since BRRRR is slower now, using DSCR loans to get multiple properties might be a good hedge.Good luck with your flip and future investments! 
J.P. Coghill Appfolio On Boarding
15 January 2025 | 8 replies
It might because they don't want any random person just setup a property management software to make it look legit and using it to scam people (tenants)
Steve S. What type of locks do you use for external doors on your rentals?
25 January 2025 | 18 replies
Even I can do it, and I am generally the most unhandy person on the planet!  
Bob Dole Cost Segregation -- What is the true benefit of the accelerated depreciation?
9 January 2025 | 32 replies
Can this person now be "a real estate" professional? 
Josh Smith Help me choose amongst 2 SFH tenants!
6 January 2025 | 5 replies
Mid thirties couple earning very well (more than 8X rent) with a small pet.
Jed Butikofer No more mortgage payment, but not yet FI/RE: How should I utilize these funds in REI?
20 January 2025 | 37 replies
Real estate investing is forgiving; the average person can still make money even with some big mistakes.
Jermaine Washington Tenet has abandoned property without paying rent.
13 January 2025 | 11 replies
If they've genuinely abandoned, you'll notice their clothing, personal hygiene, and things of value are all gone.
Gregory Fluharty House hacking setup: Refi current primary and split occupancy
6 January 2025 | 5 replies
If you are trying to come up with a way to finagle the occupancy requirements while using an amazing loan (that you earned based on your service) like a VA, I would say you are starting off on the wrong foot.