Kevin Green
45-Minute Drive, Big Lessons: Teaching Kids About Real Estate
14 December 2024 | 0 replies
.• The confidence to believe they can achieve financial independence.It’s amazing how small moments like these can inspire the next generation to think bigger and dream bolder.How are you involving your family in your real estate journey?
Elvon Bowman
First time acquisition
16 January 2025 | 12 replies
As I take in the advice from Charles, Joshua and now you, sharing your insights, looking at smaller deals might give me the chance to still syndicate while building a track record and achieving proven success.
Tayvion Payton
Investing in MultiFamily
12 January 2025 | 20 replies
That is probably a good start to setting the goals you need to achieve to make the dream happen.
Nicholas Woo
what are your thoughts using Anderson advisors?
23 December 2024 | 30 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.
Rene Hosman
What do you consider a "good" cash flow for a property in 2024?
7 January 2025 | 22 replies
As a general rule, I aim to achieve a net return of $800–$1,000+ per month for every $100,000 invested.
Allen Masry
what happens to 500k
7 January 2025 | 21 replies
There are more passive ways to invest in real estate than "turn-key" real estate and achieve those types of returns, but you will need vet the operators and get educated before jumping in.
Federico Dallo
Seeking Advice on Property Investment for Renting - Budget of 300K
26 December 2024 | 10 replies
In any case, I doubt many people on BP would want to buy properties in Switzerland given the very low returns that can be achieved there.
Anthony Benoit
Hey im new here!
13 December 2024 | 10 replies
I joined in hopes of getting into my first deal in this upcoming year and making the connections that will help me achieve that
John Reagan Johnson
Switched to a Property Manager
18 December 2024 | 7 replies
Did you feel like using a property management company could help you achieve the goals you had for your investment property?
John Postma
A couple deals under my belt, but at a stand-still and need a coach/advisor.
13 December 2024 | 32 replies
Quote from @John Postma: Back in 2019, I figured a goal of saving for a year for each downpayment was an achievable goal.