Shelly Moses
Happy Tuesday, Bigger Pockets Community!!
17 January 2025 | 3 replies
Just know that it is a "no days off" kind of business and very mechanical.I would suggest documenting your process via video so that eventually you can bring people on to replace the different hats you will be wearing.Keep in mind of these 5 components of any wholesale business.lead generation, deal sourcing, underwriting, marketing, transaction coordination.
Ryan Marble
Buying land and building the multifamily residence???
12 January 2025 | 5 replies
I live in a small town in eastern Arizona, about 7000 people, and we have a pretty serious shortage of rental properties.
Nicholas Woo
what are your thoughts using Anderson advisors?
21 January 2025 | 31 replies
With enough knowledge you can make a educated decision on which approach you take.My experience:I personally don't sign up for any program who take you aside during events and try to sell packages that is just blatant sales strategy.Once you sign up there is every attempt to make you sign for their programs for bookkeeping, registered agent, LLC or corp setup fee which have ridiculous even with platinum membership.Basic standard structure they suggest to take advantage of multiple deductions can be easily achieved by proper education or work with a good firm like https://wcginc.com who is local to you.A umbrella C-crop to manage all other LLC properties and take advantage of many tax deductions that are not available with a llc, its also used to take losses up to 100K as startup expenses and dissolve the entity after few years.Few LLC entities for investing in Real Estate, etc preferably in Wyoming or Nevada ( you can find many companies online who can do this for $150 compared to anderson $1500-$3000) , they will claim they have a secret Operating agreement which is bogus.They certainly try to take advantage of tax loopholes and claim to be smart people, my view they are just taking advantage of numbers as per their own statements.
Celli Mowery
Who has interest in Kentucky?
10 January 2025 | 26 replies
Too many people are sleeping on this.Kentucky Economic Development has many site ready properties in smaller areas that are ripe for rentals.
Chelsea DiLuzio
New Member - Newbie Investor
1 February 2025 | 15 replies
This is a great place to learn and to connect with people so take advantage of all the great resources.
Cody Caswell
Your Design Doesn't Always Have to be BOLD!
18 January 2025 | 3 replies
I think people were/are just trying to avoid agreeable gray.
Martti Eckert
Long Distance BRRRR in Ohio
17 January 2025 | 22 replies
Yes, you need a team, however you can't just assemble people together and call it a team.
Pankaj Malik
Tenant threatening to sue and wants to extort money
19 January 2025 | 27 replies
Some people will push to get the maximum, even if it means they may wind up with nothing.
Don Konipol
What Does it Take to Achieve the Dream of Full Time Real Estate Investor?
20 January 2025 | 1 reply
While this is a great and highly motivating goal, most people are either clueless or incorrect in their belief as to what is required to obtain this “lifestyle”.Understanding of the “how to” get there is further obscured by the misleading, and often patently false “pathways” sold by real estate educational MARKETING companies as workshops, upsold to association memberships, upsold to mentorships.
Michael Lam
Advice on investing in small multifamily rental properties in Cleveland Ohio?
30 January 2025 | 32 replies
These are the people that can bring you good deals and advise you on the areas of Cleveland.