There is always much debate on if an LLC is needed. I have one. Only because someone told me to hold my properties in it for protection. I paid a lawyer to draft it and I signed it, and filed it away. I read most o...

I was wondering about something for a little while now. When you get your salesperson license you will then have access to the MLS, and you need to find a broker to "sponsor" you. So, does this technically make you an...

My wife and I have a NNN property in rural MS which is going great.  The lease is guaranteed by the parent company, so even if store goes dark, we get paid as long as the company is solvent.We live abroad and are cons...

So this is my first foray into tapping into the collective wisdom of bigger pockets.I am just starting out in real estate, and this will be my chosen vehicle towards financial independence. I do have a day job that I ...

I just read a very sobering article on Comcast just now. Only a little over 6% make 100k a year or more in the nation.

Adjusted for rising costs many are just getting by and unable to save much.
Hyper inflation hasn...

The other day I was having a discussion with some associates about the upcoming Presidential Election, and one of them brought up the Democratic Candidate Andrew Young and his Universal Basic Income Plan called "The F...

In this industry, there is a lot of incentive to bend the truth, some say dont say x to the lender.. and if something happens dont say y to the insurer.  When it comes to raising capital, appear this way, speak that w...

AB 2088 establishes a first-in-the-nation net worth tax, setting a 0.4% tax rate on all net worth above $30 million. If successful, Illinois, New York, New Jersey and Connecticut are likely to follow suit. How will th...

Would you agree or disagree?

I was listening to a webinar from Bob Diamond with Tax overage business training, does anyone know if this is legit? Has anyone been successful with this?