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17 April 2024 | 7 replies
Also - we just made a new guide to help people how to use BP for their business, called "Using BiggerPockets to Grow Your Business" - definitely check it out, I think you'll find a lot of value in it.
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17 April 2024 | 18 replies
The book is saying open up multiple accounts for your business for the purposes of charitable giving, owner income, taxes, paying down bad debt, etc.
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17 April 2024 | 15 replies
It is a great brokerage and system, but it is the most "pyramid" style business in the real estate business.
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18 April 2024 | 87 replies
As you start closing deals, you will need to reinvest your profits into mailing lists and other scalable activities to grow your business.
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17 April 2024 | 13 replies
There is no need to factor in attitude or personality in the business.
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17 April 2024 | 16 replies
Even if you create a non-CA LLC, if you are managing the business from California, you will likely be deemed to be "doing business" in California and therefore likely subject to CA taxes.
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17 April 2024 | 8 replies
You might also meet someone that could be a potential business partner.
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17 April 2024 | 13 replies
I suggest SIMPLE IRA for a small business.
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18 April 2024 | 2 replies
Keep your licensing and permits in order, manage all vendor relationships with contracts and adequate insurance, maintain adequate insurance on your end and more generally operate your business soundly.
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18 April 2024 | 7 replies
@Gyn Samples an RV park is less of a real estate investment and more of a business investment.