Armando Carrera
Should I be protecting my investments?
4 December 2024 | 4 replies
You can - 1) establish a trust for asset protection, 2) utilize the Homestead Exemption for property protection, 3) consider tenancy by the entirety for marital property (this might just be applicable to California, my home state)4) make sure you have adequate liability insurance for additional protection, 5) think about forming a business entity to shield assets, 6) and have proper estate planning for asset distribution.Seek tax and legal advice from experts in your state.
Glenn N.
Hard money lender ,borrower moved his LLC to Delaware without notification.
3 December 2024 | 10 replies
My Hard Money Lenders held the money in escrow and would not release the funds until the work was done, inspected, and they knew it was properly done.
Dahrian Barrett
Best Banks for Cashout Refinance
5 December 2024 | 5 replies
There are a ton of qualified broker and lenders out there that can offer this product but be sure to receive the proper education when iyb comes to structuring the deal correctly.
Luka Jozic
Experience of OOS investing in Cleveland after 1.5 years.
21 January 2025 | 101 replies
Like I mentioned in my previous post getting a PM who will actually manage your property properly will be very hard.
Rita Medeiros
Section 8 & mice what are the expectations. Give me your opinion
12 December 2024 | 20 replies
Be thankful you have a section 8 tenant who is coming to you first with this issue and trying to get it rectified through the proper channels.
Roy Logan
3rd year Real Estate Investor / Landlord
6 December 2024 | 9 replies
Digitize physical receipts for easy storage and use a consistent naming convention for easy sorting - 2024.03.25 Home Depot.Maintain proper records, such as contracts, settlement statements, and promissory notes.Additionally, you can track income and expenses consistently using software or spreadsheets.As you scale, if bookkeeping isn't fun, consider hiring a bookkeeper for a couple hundred bucks per month.
Devin James
To those who consider themselves very wealthy, is wealth worth what is takes?
22 January 2025 | 56 replies
However, to really do this properly and make it synergistic to the life style I want to live I need to bring it from 60-62% down to 30% by 2030.
Sushil Iyer
New(ish) small multifamily investor looking to network and for guidance
2 December 2024 | 19 replies
When you say "is it proper etiquette to ask the seller's agent to share this info with us..." what info are you asking for specifically?
Radhika S.
Newbie & long distance
13 December 2024 | 35 replies
Tools like Rentometer and BiggerPockets can help compare rental prices, and working with a CPA and attorney will ensure you structure your investments properly.
Qusai Agha
Newbie from London! Assignment Contract Wholesaling?
7 December 2024 | 2 replies
I’ve seen folks panic and act like they’re about to be stuck holding a ticking time bomb, but if you structure the contract properly, give yourself a decent inspection or feasibility period, and understand local investor demand, you’ll rarely end up empty-handed.