The instructors-coaches are also investors with high earnings and net worth.

The day this thread was started, "Thanks for Visiting" released an excellent podcast, #389, with tips to reduce risk.

Any income earned after their death in 2023 should be reported on an Estate Income Tax Return (Form 1041), which requires an EIN for the estate.

Prospective owner-landlords can now afford these properties more easily, thanks to the reduced down payment requirement by Fannie Mae.This is an opportunity to reduce mortgage payments by leveraging rental income.Things to remember:1.

BRRRR is great for growth if you’re up for the challenge, while mobile homes offer a more secure, hands-off way to start earning income.

I post frequently about the unnecessary complexities of most real estate investors asset protection structures and the point I normally emphasize is the lack of attention placed on the day to day operations that are far more critical to reducing liability exposure.

Work to save a lot of cash (Which I just reduced my 401K savings rate to only cover my employer’s full match so that’ll be a couple hundred extra each month and I’m about to fully pay off my car in six months and that’ll be an extra $500/mo.

Which would then give me two properties appreciating and earning cash flow compared to the one with the ADU.

I don;t understand this: the wholesaler spends his/her hard-earned money to send out postcards/letters to mailing lists and then, if they get a positive response, they don't follow up!  

Corporate Veil: Courts tend to respect the corporate veil (the legal distinction between the LLC and its owners) more when the LLC is properly formed and operated in the state where the property is located, reducing the risk of personal liability.4.