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17 February 2025 | 9 replies
If you lack the funds to flip any other way, go for it, but do understand it's not a business model for long term success.
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16 January 2025 | 1 reply
🔄 The Side-Hustle Timeline: How to Build Your RE Business While Working 9-5Ever feel like your W2 job is holding back your real estate dreams?
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20 February 2025 | 15 replies
I purchased a rental unit and did some private funding in 2016, and I will probably expand this business by doing more deals.
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8 February 2025 | 7 replies
It takes capital to do this business and if you don't have it I wouldn't suggest throwing it into a marketing machine for wholesale deals.
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13 February 2025 | 18 replies
Hey, congrats on your business success!
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12 February 2025 | 20 replies
The risk of "piercing the veil" applies more to LLCs when personal and business finances are not properly separated, not necessarily to individual landlords renting a portion of their home.A more practical approach is ensuring you have a solid lease agreement, sufficient liability insurance (including an umbrella policy), and properly reporting rental income and deductions on your tax return (Schedule E).
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18 February 2025 | 9 replies
Would taking out a small business loan make sense st this point?
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5 February 2025 | 9 replies
.- Working a W2 as a firefighter, posting and consuming content- Leaving my W2 to dive deep into real estate investing and working as an agent... and still watching/posting content all while business was ok - Deleting social media apps (one have one on my phone that I use 10 minutes or less a day), diving deep into building my business and skills which have drastically increased due to pure focus and increasing my business significantly- moral of the story... focus on the things you need to do in business (dollar productive activities) and life experiences while reducing consumption will increase your success
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16 February 2025 | 10 replies
Downsizing a one factory town.I would expect if FedGov downsizes, a lot of the corresponding periphery businesses/consulting firms, etc shut down.There has also been talk of such things like FBI moving out of Washington, I think some of that has already been the trend, but may accelerate.