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Most of BP is about MAKING money. But as Ben Franklin states, "A penny saved is a penny earned!" Therefore, I would like to hear your ideas on saving money.
Here are a couple from me.
I clip grocery coupons! :lol:...
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I drive a very old sedan. Most of my tenants drive nicer cars than I do. Now that I am considering purchasing a new(er) car that probably will be nicer than theirs, I am wondering whether to keep the old one to commu...
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I have two main questions. On a car lease is there a standard or accepted amount of the lease that can be applied to the business. Would 100% raise a red flag, 90/10, 80/20? (Should I track mileage to make the proper ...
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My In-laws are selling a plot of land and gaining a 1.4M profit (original price was 120k).They are weighing 1031 vs. trusts vs. starting an LLC. Their main objective is to reduce tax liability and reinvest in somethin...
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Hello BP community and Happy New Year! I have recently been accumulating as much knowledge as I can before making my first investment in real estate. It is no secret that education and knowledge plays a huge role in b...
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My house has a covered carport that is about 12' x 20' that could easily fit a large vehicle or a small-medium RV and I'm considering if there is an opportunity to rent it out for rental income. The house is in the C...
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Well I officially haven't started out yet, and that is where I am running into problems.
I'm from california, specifically the bay area. Housing prices are stupid at best.
I want to invest in REO's, rehab them, and...
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I currently drive a beat-up old minivan with 240K miles on it. Yeah, I sacrificed myself to jump-start my rental business. I plan on buying the Tesla Cybertruck as my main vehicle. Recently, a thought came to me. ...
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So I decided to sell my luxury car in order to free up more capital for real estate deals.I couldn't justify having a lot of cash tied up in an expensive vehicle anymore knowing I could be investing that money.I curre...
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One-third of my existing tenants plan to switch to Electric Vehicles within the next 4 years. So was using the Sothern California Edison Port estimator tool for Multi-family dwellings and it wants to know what ratio o...