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I got out of the stock market in 2009 after taking a $300k loss. Ironically, I had made about the same amount by actually predicting the crash and shorting the market at the top. I thought I could predict the upturn a...
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I’ve mentioned over the past few years to be careful how you pump and promote short term rentals to people in search of real estate. As I said before, when people take loses, they file lawsuits at anyone associated.Di...
Much ink has been spilled on the subject of Turnkey Companies. However, I do not think we have managed to identify top 5 Turnkey Companies in America. I know there are hundreds of companies - perhaps a good place to...
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hey bigger pockets recently became a pro member and loving it. not to sure what kind of deal I should look for next I am 27 years old with 100k cash to play with. I currently have a LTR and a STR should I do a BRRRR o...
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I have been an entrepreneur for several decades and am ready to create my final - hopefully, masterpiece - company. The idea is to develop a business that is a hybrid of the turnkey model, where the majority of the se...
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I have a lease purchase option tenant in my rental property. Her option runs out in a year and is non-transferable. Her boyfriend is a real estate agent and I saw that he put my home for sale on Zillow. He claims h...
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Economic Update (Monday, August 24, 2020)
Its going to take years for our economy to fully heal from th...
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I'm researching PMs in other markets we're considering buying in, and have seen some PM sites with info for prospective tenants. When I look at their apps, I have seen some with the following type of set up:
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Here's my simplified as possible scenario:
in 2011, I set up LLC, bought and sold flip title in LLC, LLC made 25k profit on sale of flip. Took 25k out of LLC account and put in my personal account. Towards end ...
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Economic Update (Monday, November 30, 2021)
The shortened Thanksgiving week was a relatively quiet period for our econo...