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:...
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...
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 ...
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...
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...
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...
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...
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. ...
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...
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...