
26 November 2024 | 2 replies
I understand equity and cash-flow are related, but what I mean is that I don't need the cash flow right now as much as I'd like to build a strong portfolio that can cash flow even more later on.I've owned a single-family rental for 4 years, but on mulitple fronts I felt like I've done a poor job self-managing it, so this Fall I picked up the Turners' book on managing rentals and that's what led me here to Bigger Pockets online.
26 November 2024 | 5 replies
I suggest you talk to a real estate transactional attorney licensed in the state where the property is located and get their advice on your options.

1 December 2024 | 134 replies
Anything more than a gut job is a plus in my book, I assume the worst.

26 November 2024 | 17 replies
Hey @Anthony Dupre, whatever you decide for your entity structure, ensure it's simple enough for you to easily abide by the structure in your day-to-day operations.We've had bookkeeping clients with complicated structures that apparently protected them to the maximum degree but they didn't abide by the structure when conducting transactions in their business daily (lots of unintentional commingling).

26 November 2024 | 25 replies
The chances of these wholesalers successfully concluding a transaction are about the same as winning the lottery. 5.

26 November 2024 | 0 replies
Hi BiggerPockets community,I’m an 18-year-old just starting my journey into real estate and wealth building, and I’ve been following the strategies laid out in books like The Book on Rental Property Investing.

26 November 2024 | 1 reply
I'm currently reading Brandon Turner's book on No and low money down.

25 November 2024 | 5 replies
If you've transacted in hundreds of transactions over the last two years and have 15 employees how are you funding the current operation?

21 November 2024 | 6 replies
Tools like Baselane simplifies bookkeeping and tax preparation by categorizing transactions and storing records.Keep personal and business accounts separate to maintain LLC liability protection.Please don't use the same LLC for flips and rentals.

27 November 2024 | 10 replies
Additional resources I'd recommend are:- The millionaire real estate agent by Gary Keller- David Greene's books from the BP Bookstore- The E-Myth by Michael Gerber*** These are not resources related to the course but are helpful for anyone looking to get into the business