
15 September 2021 | 2 replies
I appreciate you tagging that, hopefully now we can get more traffic :) Thanks!

3 October 2021 | 4 replies
Understanding a rehab and BRRRR when you are not near it can be stressful and harder to control.

17 September 2021 | 4 replies
I listen to the bigger pockets podcast while driving to work and wish I could go to the beach instead of sitting in LA traffic. personal balance sheet as of 9/14/2021assets liabilities bank:$1617.95 car loan:$10,555.00 savings:$14,284.36 credit card debt:$159.63emergency fund:$840 student loans:$0 cash:$113.14 trading account:$1775.10coin jar: $18.75credit available:$6,000 income statement Average income:$2100Average expense:$1875savings rate:$225 social security number 802 00 1031, just kidding haha what would you do if you had my financial strengths and weaknesses.

16 September 2021 | 6 replies
I listen to the bigger pockets podcast while driving to work and wish I could go to the beach instead of sitting in LA traffic. personal balance sheet as of 9/14/2021assets liabilities bank:$1617.95 car loan:$10,555.00 savings:$14,284.36 credit card debt:$159.63emergency fund:$840 student loans:$0 cash:$113.14 trading account:$1775.10coin jar: $18.75credit available:$6,000income statementAverage income:$2100Average expense:$1875savings rate:$225social security number 802 00 1031, just kidding haha what would you do if you had my financial strengths and weaknesses.
15 September 2021 | 3 replies
Since there is no custodial requirement for the 401k, you don't need the additional expense and administration of an LLC to obtain checkbook control.

4 October 2021 | 9 replies
No more managing tenants, vacancies, maintenance and the managing the manager (who is a $12-20 dollar employee who's compensation structure us not aligned with your goals) By passing the control of the day to day operations to true experts who are literally partners (direct alignment of compensation and motivations), you can assure the investment is being optimized while you spend your time on what you want which is 1) making more money at your day job, 2) spending time with your family or 3) finding that one off deal that you want to do one your own while pairing with a Limited Partner strategy. 2.
19 September 2021 | 7 replies
In some areas you may be dealing with local law too like in California there are LA county laws on rent control and Chicago as well.

3 October 2021 | 12 replies
Virtually, no business has books so-organized that they have that much control to manually manipulate their tax bracket by giving money away.A few years ago, my plumbing, heating and construction business was doing about $7 milion per year and my rental units bring in about $4 million.

16 September 2021 | 7 replies
Both structures can provide checkbook control.

16 September 2021 | 1 reply
I own the Subway, a new Speedway gas station just opened next to me and the interstate is being upgraded to the new Interstate 69 which will increase traffic counts.