Alright, so I've done some research into Whole Life Insurance and I think it has some awesome benefits. In my research though it seems to be pretty equal between the people who strongly advise against it and for it. O...
I have been listening and reading about this “infinity banking concept” and found it really interesting. Anybody currently using this? Pros and cons?
Hi everyone,Wasn't sure what category this falls in but financial planning seemed appropriate.I'm starting a 4 members LLC for CRE purchasing. We are of the mindset of buy, hold, refinance indefinitely. I heard one ...
I purchased a multi unit property ,the renovation was included in the mortgage my question is ,when it is asked on the tax for depreciation the purchase price do i use the sale price of the property or do i use the s...
When protecting yourself and your investing partner in a two-member JV (LLC), it's advisable to get life insurance for each partner. Which is the simplest/best solution to implement this?A) the life insurance is purc...
I have a life insurance question for the community. I'm looking to purchase an apartment building with a few investors. There would be a minimum amount of time I'd want everyone to keep this investment so I wanted to ...
Last week I met with a local financial adviser. I informed him that I'm a real estate investor, so he suggested Infinite Banking as possible financing option. The infinite banking sounds similar to using $401k or IR...
Ok, so this may be a long lead up, but I'm explaining the whole strategy here. I posted yesterday another topic asking about how cool banks are with letting your primary house sit vacant for 1 year, then using it as a...
So I just listened to Episode 250 of the BP podcast and it did not disappoint. Grant Cardone is as entertaining as he is intelligent. He makes some great arguments against the single family home and equally great poin...
Next Week I am actually starting to look for my first SFH investment property. Im looking between 100-200k homes build in the 70's. Most of the ones I am checking into have been updated in the past 10 years. I am h...