Melanie Baldridge
Maybe one of the most tax efficient ways to build your wealth?
25 November 2024 | 1 reply
Too many entrepreneurs make good money each year but pay Uncle Sam 35-50% of it.It takes a long time to build a massive wealth snowball when 1/3 to 1/2 of your snow gets chopped off each year.Real estate can help with this.The best model I've seen is:1.
Rene Hosman
How do you do bookkeeping and financial reporting for your rentals?
4 December 2024 | 30 replies
That's the key component that is usually missing when I hear other entrepreneurs/investors say they don't like QBO.Something else to keep in mind is your entity structure and how your entities file tax returns.
Paula Impala
Norada Capital Management suspending payments
31 December 2024 | 418 replies
I like Marco and have spoken and had drinks with him over the years quite a few times.Decent bloke and pretty straight shooter.The mastermind stuff is legit as someone that I have looked up to and would consider a friend and mentor even tho we haven't connected in a while is Eddie Wilson (Aspire, Think Realty, Power Room, etc...)Cream of the crop business man, entrepreneur and philanthropist.Marco is affiliated with them so that side of the investment IMO would be safe to say the least.Never was a fan of OPM or venture capital.Raised $500,000 once for a very high risk tech project and got F#$@%ed by my CTO.Was skimming investors capital from the top that should have went to the developers...I shut it down as soon as I found out and paid back my investors (Even tho I heavily stressed that they would probably loose).Now I have someone throwing at me an unsecured LOC of between $250,000 - $500,000 at 12% interest.Can turn it around quite low risk and double doing deals over 12 months but I'm still hesitant lol.Just in case something goes wrong, I'd rather loose my own capital that somebody else's.Call me crazy but it is what it is lol just secure it unilaterally to your projects if being unsecured bothers you.
Dan Zambrano
My Journey to $20M in assets
7 December 2024 | 60 replies
What also inspired me was meeting an entrepreneurs that is making things happen and building wealth near me!
Jesse Imes
ROBS 401K Lending
21 November 2024 | 1 reply
For a more personalized approachCatchFire Funding is a specialized provider known for rapid execution tailored to entrepreneurs.
Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
(I'm sure both the average consumer AND the average entrepreneur would disagree, of course, but hey - y'all're the guys with the fancy, big money jobs and the college degrees - what do I know ...)
Jonathan Greene
Why You Should Stop Talking About Quitting Your Job Before You Have Your 1st Property
26 November 2024 | 46 replies
I'm not sure why the current trend is to hate your W2 job especially for someone in their 20s/30s and quit ASAP become a RE investor or entrepreneur.
Tiffany Da Silva
Advice needed on real estate LLC business banking & Organization
21 November 2024 | 6 replies
That's the key component that is usually missing when I hear other entrepreneurs/investors say they don't like QBO.Something else to keep in mind is your entity structure and how your entities file tax returns.
Joshua Carvalho
The Rise of Waco, TX as a Prime Market for REI
18 November 2024 | 17 replies
The Gaines' boldness in renovating the heart of downtown Waco immediately aroused the attention of small business owners, entrepreneurs, and investors all over Texas and the country.
Tarcizio Goncalves
Stessa vs the competition
15 November 2024 | 5 replies
That's the key component that is usually missing when I hear other entrepreneurs/investors say they don't like QBO.Something else to keep in mind is your entity structure and how your entities file tax returns.