
6 August 2019 | 7 replies
@Lance La CroixThere is a difference between "living in your business" and "separation between business and personal finances"The simplest way is devise all expenses by 2 and account for each separately when doing budgeting and/or taxes taxesI'm surprised a finance coach cannot figure this out.

2 April 2019 | 6 replies
Just food for thought as I always see people mention 1031 exchanges on here and in podcast but rarely have ever heard anyone mention anything about the Reverse 1031 exchange.To me that seems much less stressful honestly as the REIT I work for did at least 2 in 2018 with our shopping centers and plan on doing many more.Instead of selling your property and having to rush into throwing into another with a reverse 1031 exchange you first purchase the property you desire and then you can sell your property to cover it.Obviously there is more rules and regulations than this but that is the simplest way to explain it and gives you something to look into.

10 May 2021 | 13 replies
The simplest thing to do (if you want to go the equity route instead of debt) will be to set up an LLC (partnership), with a basic company agreement.
3 April 2019 | 5 replies
Simplest thing is, up front....”hey, I’m dealing with similar package on A, C , F and Z streets.....same seller?

4 April 2019 | 13 replies
Often times I miss some of the simplest things.

15 April 2019 | 0 replies
In the simplest terms you supply the deal and they supply the capital.

20 September 2019 | 22 replies
(Unless You’re Wholesaling of course) I would say Start off by Purchasing a Mobile Home that is in RENT READY condition or Close to it and that’s already in a Mobile Home Park .For Example, in Simplest termsMy 1st MH investment was a1999 3/2 Single Wide for $3,000Lot Rent = $300Rented for $650As long as I Cash Flowed $300 every month for 10 Months I’ll Gain my initial Investment back Now you have an asset that’s generating income every month.That one Mobile Home could potentially add (1) Mobile Home to your Portfolio every 10 Months or so .That’s when your Assets start Creating AssetsAgain this is what I did as a investor when only having access to funds under the amount of $5,000 to invest, only my opinion not financial advice.
25 September 2019 | 27 replies
My ~$3,000 estimate earlier was for federal, California, and a few simple states.

17 September 2019 | 30 replies
@Ethan SmithAt the simplest level, you have two distinct issues to consider.

21 September 2019 | 12 replies
The best and simplest homeowner to go after is those in pre-foreclosure and those properties that have an Auction Date.