Dionte Griffin
first deal advice
3 January 2025 | 3 replies
The majority of my properties achieved infinite return via a brrrr.
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.
Nate McCarthy
Multi-party investing deal structure for BRRRR/House hack
19 January 2025 | 14 replies
That said, I'm grateful for the alternatives you present--you're keeping the bottom line in mind, so I appreciate your help in exploring options that achieve the bottom line for the investors.
Rennell Goudeau
Eager wholesaling apprentice
16 January 2025 | 3 replies
My vision is to bring together motivated people to support one another and potentially form an LLC for group projects as we grow.If this is something you might be interested in, I’d love to chat more and see how we can help each other on our journeys.
Akshay Bhaskaran
Off-market Commercial Properties?
15 January 2025 | 7 replies
Most sellers that are open to selling you a deal off-market are just like I was with my rentals: the way to motivate them to sell is to give them a price HIGHER than they think they can get on the market.
Mary Ainsworth
Watering Foundation in OKC?
5 January 2025 | 2 replies
The issue with watering your foundation is that you have to do it always, every year without a break in order to achieve the desired effect.
Julie Muse
Highway 64 Transformation: From Fixer-Upper to $200K Success!
6 January 2025 | 0 replies
This deal highlights the power of well-executed renovations and a strong partnership in achieving impressive profits.
William Taylor
New to BiggerPockets Forum as an Agent/Investor! *New Member Introduction*
12 January 2025 | 5 replies
@William Taylor so many options...Use your RE knowledge to: WholesaleFind rental deals to sell to investors locally or here on BPStart leveraging your personal contacts to build your sales businessFind a motivated seller willing to do seller financing:- Move in worst room or basement, rent out all the other rooms for max cashflow- You could even live in the basement and STR the rest of the house
Edreco Amos
Looking to get my first long term rental property | How is Miami's market?
29 January 2025 | 23 replies
Locate a Motivated Seller that will consider Seller Financing.
Clare Pitcher
Flat Rate vs. Percentage Based Managment Fee
30 January 2025 | 19 replies
That's only achieved with QUALITY.