
8 January 2025 | 5 replies
I also have a $50k line of credit I can tap into when needed that will grow as I keep growing the business.Right now my rent is about $1700 where I've been staying for over a year, but really wanting to trade that for a mortgage and start building that equity.

4 January 2025 | 14 replies
Sure, they may be able to grow to a very moderate size, add a few units, or trade up to a larger investment, but as for real scalability: NO.Why?

17 January 2025 | 3 replies
You're already half way there by asking people what they want to hear.

7 January 2025 | 20 replies
I like that, unlike with say trading for a hedge fund, I can create opportunities for others rather than solely line the pockets of someone richer (that being said I still intend to make money).

21 January 2025 | 7 replies
I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.

16 January 2025 | 4 replies
When you have a proven track record of performance, then you can play with other people's money.

4 January 2025 | 0 replies
When I was 22 I had to move from my home town to Las Vegas in pursuit of HVAC trade school.

21 January 2025 | 9 replies
When you say you want to prioritize cash flow over equity, you want to watch out for people honing in on that and selling you "good cash flow" deals which will be in D neighborhoods and will come with high capital expenditures and harder tenancies.

11 January 2025 | 2 replies
Full disclosure, I'm not a disaster expert, politician or climate alarmist, but according to those fighting fires on the California coast since the 1960's, Devil Winds are natural occurrences each and every decade but require highly conducive conditions to be as destructive.

19 January 2025 | 1 reply
You might need to file 1099s if you used contractors or other people whom you paid for labor:https://www.biggerpockets.com/forums/51/topics/1167632-expla...