Dominick Johnson
How do you invest for your children?
1. What is your method of investing/saving for your children?2. At what age can I open a Roth IRA and pay my kids an income? My financial advisor says we need to wait until they are 6 yo to not get audited. Every sour...
Jami Vincent
Asset Protection Plan Any recommendations????
I had a meeting with Anderson Consulting (they did an 8 hour webinar for free). And to form 2 LLCs and a Land Trust is $6,000. They say their operating agreement is superior (90 pages) and that as an owner you're not...
Joshua McIntire
Multi Family Analytics and Ratios
Hi,
I just joined BP and have been looking around to see if anyone has a detailed list of the standard valuations items for apartment Investing or underwriting criteria? Also do you know where to go to find standar...
John Cava
Conflicting info asset valuation for in-kind RMD's from real estate
Hi everyone,I'm getting conflicting information from supposedly knowledgeable sources on this, so I wondered if anyone has been down this road and can direct me to a reliable info source.I'm taking in-kind distributio...
Melanie Baldridge
If you want to be a real estate pro, you need to understand the TERMS:
Here are a few definitions that you absolutely must know.
Bookmark this thread and use it as your cheat sheet for 2024.
Okay, let’s dive in:
Here are the terms that I’ll define in this thread:
-DEPRECIATION
-BO...
Michael Moreno
Seeking Tax Advice for Beginner Real Estate Investor
Hi everyone,
I am a 23-year-old beginner real estate investor, and I recently made my first purchase in September 2023—a one-story single-family primary residence with 3 bedrooms and 2 bathrooms. I currently occupy t...
TJ Woolum
Owner Draw - Corporate Veil
I always hear wealthy investors online talking about how they borrow against their assets to generate tax free wealth. So far I’ve always just reinvested my real estate earnings back into my LLC. If I do a cash out r...
Ryan Larsen
Moving from Triplex to bigger deals
How can I get into MF investing? I’ve completed a few triplex deals which I’m currently holding. I tend to hear it’s not based on the individual it’s based on the property? Is that actually true? How can I make the mo...
Cindy Shen
Real numbers on one of my multifamily projects
Recently lots of people reached out and expressed interest in Multifamily and wanted to know more details and how past projects went. So, I have compiled some stats. Below is an update on an asset that's already finis...
Chris Seveney
Note Investing - End of Year Tasks
Few notes and bolts for note investors as we approach the end of the year. Here are some of the mistakes I have done or seen and things you should make sure are on your radar Others should also add there two cents in ...