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22 May 2024 | 8 replies
My focus as an investor is buy & hold real estate with long term and short term rentals.In 2022, I am looking to network and surround myself with others in the industry to ultimately help each other expand our real estate businesses.
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24 May 2024 | 6 replies
My W2 income is >$550k/year, if I build an RV/Boat storage facility, will my storage business expenses/losses be able to reduce my W2 taxable income?
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22 May 2024 | 1 reply
I have a group of guys from out of state that want me to be their agent in buying, improving and flipping land. I am wondering how and what is going to be the best way to set it up? I will want to invest in deals myse...
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26 May 2024 | 40 replies
Contracting is a business , the salesman is there to sell a roof to the customer for the most he can get .
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22 May 2024 | 5 replies
Hi Katie,Thanks for the tip!
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25 May 2024 | 18 replies
One lender may require the cash out be used for business purpose exclusively, another may not have the same guidelines.
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24 May 2024 | 1 reply
I am new to real estate investing, I have not talked to a lender for pre-approval because I am in the beginning stages of learning.What is the best business structure to use for a rental property business, Sole Proprietor, LLC , or corporation?
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24 May 2024 | 14 replies
I am trying to figure out how J and Dave got to $65,000 in the following section (I am reading the eBook version so page numbers won't correspond with the physical book): Towards the end of Chapter 2; "Finally, notice that the owner equity in this business totals about $65,000; because John is sole owner of the business, that $65,000 is the value that John transfers to his PFS and can claim as his ownership value in the company.”Everything up to this point was clearly explained on how they got to the number, except this $65,000.
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23 May 2024 | 6 replies
A fund (like a 506c) that @Chris Seveney and @Evan Polaski pointed out allows you to pool resources and spread risk across several projects.Def more attractive for investors.Pro tip: SEC exemption might be required so make sure you know your sh it and value prop here.