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Good idea? Where would you handle most expenses? Divide them out or under one specific Llc example.. Gas to drive to the property and lawn equipment to maintain the property along with other home office expenses.
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I have a seller insisting that the only way he will sell is with a physical bag of cash ($40k or more) under the table so that he does not have to report that income (in Florida). He wants to seller finance a lesser a...
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It’s my opinion that many investors have the wrong mindset when it comes to real estate investing. This is evident when they express their goal as “ I want to own enough real estate to provide me a $10,000 per month ...
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Especially @James Hamling , just read a market statistic and its mind blowing.The age of first time home buyer in California is now 49 years old, in 1980 it used to be 32 years old.In TX: 37 years old and FL is 42 ...
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The LLC debate rages on here at BP. Rarely does a day pass without an investor asking whether they should use an LLC or not. Perhaps BP should have a whole forum just devoted to this question . . .Having an LLC is ...
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ABC Capital review and the problem with Turnkey companiesI've done a detailed write up of my first turnkey experience in Texas with Texas Turnkey Property (link). I've seen a lot of threads asking for people to share ...
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My colleague Nick Ikonomou and I share some common beliefs about the traits which are found in virtually every successful person - especially in real estate investing. Nick shared them with his friends, and I am now d...
So my buyer was denied his loan after BofA (Bunch of @$$ho13z) screwed up his loan application and delayed the closing for three weeks. After he did everything they asked for and demanded. They even emailed him that t...
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Real Estate Investing has created and built wealth for so many investors over the years. There are so many shows on TV today that discuss flip, flip, flip!!!! YOU can make fast cash when you flip but it would also be...