Allen Hudson
LENDERS FOR ELF STORAGE
Has anyone had any luck with obtaining bank financing on a storage facility in which there are no financials? The seller can provide rent rolls, but not traditional financials. Tax returns are useless as well because ...
Molly Jacobsen
Sell primary home to LLC for Bus Econ Purposes + Section 121
Can I legally sell or transfer (which is best?) my primary home to my LLC (that already contains 11 uniits) without losing my Section 121 benefits (capital gains exclusion)? Lived in home 2 of last 5 years. Now conv...
Lara N.
Buying a house on a busy street in a good location, good or bad?
I'm trying to find a home (house or condo) that I can buy & rent out the rooms to pay for most of my living expenses (P/I/taxes), so basically my roommates would be paying my rent while I live for free or I put in...
Tyler Horton
Leveraged BRRRR Strategy for Unlimited Cash Flow Investing
Hey everyone - I've read up on the BRRRR method from the BRRRR primer and other sources and specifically looking into a leveraged BRRRR Strategy. Essentially looking to determine a strategy for using hard money for th...
Dave Grosse
Best way to pay yourself?
Hey everyone - I have very little knowledge of how to structure the financial part of my business.
I know a self directed ira can be a good place to put profits and also to buy new properties, but what's the ...
Brandon Baker
Question about Banks and Bank Accounts
Hey folks, I have what should be a quick question. I currently have a bank account for just the business, but now that I've scaled the business I have an LLC, although the account isn't tied to the EIN yet. I have to ...
Carmelo Alba
Introduction
Hello everyone. After a very long career in education with limited income, I decided to explore other avenues that can secure the financial future of my family. Real estate investing if done right is the key to ...
Corey Dutton
Square Payment Solution Expands into Small Business Lending
A recent poll, as seen on Bank Innovation, revealed that the banking customers 35-year old and younger are inclined to use non-bank services like Square or PayPal over traditional banking services. Square is a paym...
Adam Sieg
Converting primary residence to rental
I'm curious if anyone has any thoughts on this. I believe I once heard in an interview that Grant Cardone doesn't own his primary residence, he actually rents it from his business entity. Is this actually a thing? ...
Kevin Brown
Best Accounting Software
Hi,We own and manage two AirBnb's. We have previously tracked all expenses manually in google sheets and produced financials statements manually, also in google sheets. Transcribing transactions from bank statements...