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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.
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4 February 2025 | 7 replies
While an LLC can offer liability protection and tax benefits, it’s not essential for a single property—personal liability insurance and an umbrella policy may suffice for now.
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19 January 2025 | 61 replies
I personally leverage, but have a large rainy day fund.
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15 January 2025 | 7 replies
Are their listings detailed with good-quality photos?
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10 February 2025 | 1 reply
My number one piece of advice is finding a group that you can attend online or in person to keep you motivated and accountable to your goals.
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10 February 2025 | 5 replies
Do you provide personalized guidance, or is the mentorship more of a one-size-fits-all approach?
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3 February 2025 | 37 replies
Whether your at $0 or $10mm of personal cash to start with.
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9 January 2025 | 21 replies
___________________________________________________________Why does everyone want to chase strangers – and ignore their own personal network?
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10 January 2025 | 3 replies
Cost per lead (CPL) is crucial—it shows how much you're paying to get a potential seller or buyer’s info, and you want this as low as possible without sacrificing quality.
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8 February 2025 | 4 replies
Go to local REAI groups and other in person events.