17 October 2021 | 10 replies
The corporate veil take a lot of effort to maintain and if not done properly doesnât give you the protection you would think.2 as others have said to look at single families with 4-6 bedrooms as an alternative to small Mf.
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29 October 2021 | 3 replies
This is my struggle and why a proper ARV is so important.
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21 October 2021 | 9 replies
Take ownership of your mistake and learn to do the proper due diligence recommended aboveđ
24 October 2021 | 22 replies
You can create an action plan and you will have the proper people in place to execute.Â
18 October 2021 | 3 replies
I left biglaw earlier this year to take an in-house job with a (MUCH) better lifestyle but lower long-term earning potential.Household Income: $365 guaranteed, $440 if I hit my bonus and include our rental (bonus is a target of $60k but is not guaranteed, rental grosses $15k though we net less after taxes/expenses)Net worth: $1.15M: Cash-$390k, Equity in existing rental (out of state)- $200k, college savings $30k and retirement accounts - $520k, no debt (both cars owned outright and rental doesn't have a mortgage).Current Housing â We live in a HCOL where we rent a 2bd/2ba condo for $3.1k.
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14 September 2022 | 19 replies
To move away, we either cut our lifestyle in half or figure out a way to give our portfolio a "make-over" to somehow squeeze more profit out of it while at the same time hiring management so that I don't have to work on it full-time..I'd love to hear any success stories of others who have been in our shoes or advice on what direction to take.Â
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18 October 2021 | 1 reply
Just wondering if anyone has experienced pages in Bigger Pockets site not working properly, or unavailable?Â
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24 October 2021 | 9 replies
They seem so complicated but if they work for you more lower to you  This is what a properly set up funnel, that has a great lead generation system to feed the funnel gets you:We bought this green house now worth $320K, for 10 dollars.While you are scouting the MLS, or Zillow, and doing a search spending time and effort relentlessly trying to find a deal, and when you finally do find a house, you probably pay market value or close to it....we do absolutely do nothing, no time, no effort, no money, and the leads poor into my inbox, When dealing with true motivated sellers like I do, there is no need for funnels.
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19 October 2021 | 6 replies
He has other cash flowing properties and lives a frugal lifestyle so he does not seem too concerned about replacing the income from this property or have much plan for the proceeds of this sale.
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19 October 2021 | 1 reply
Building vertical creates value with finished homes.It is imperative that all 3 of the above value propositions be properly calculated and maintained throughout the entitlement process to ensure that there is enough "meat left on the bone" for each level of development even if you are not planning to do all 3 yourself.Feel free to DM me and I will send you an intake form that you can fill out.