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Anderson Banegas Cerrato Real Estate Investing: Lessons Learned and Growing Stronger 💡

28 December 2024 | 1 reply

Hey everyone!

I’ve been diving into real estate and learning every step of the way. It’s not always easy, but each challenge has taught me something new. From analyzing deals to exploring creative financing, I’m rea...

Michael Lerch Need advice on taxes for S-Corp (good beginner lesson)

12 February 2013 | 8 replies

So I formed an LLC and opted to be taxed as an S-corp in 2012 thinking I'd save money on payroll taxes when I make a ton of money, well... like most new investors I only made a little... $1,650 I paid myself out of a ...

Cheryl Floyd-Brown First Rehab Project on a Multi-Unit Property - Lessons Learned

2 March 2019 | 0 replies

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Multi-unit property - 2 units

What made you interested in investing in this type of deal?
Higher return on investment

...

Account Closed My lesson on the importance of saving and my plan.

2 October 2015 | 1 reply

Since I got my first job at 17, I've never disciplined myself enough to save. My family was always on my back to save for a car, but with my over-spending habits and buying for my friends (who aren't even my friends n...

Brie Schmidt A lesson learned from Lending money to a BP contact

30 January 2020 | 33 replies

Today is a great day! I finally got my money back from a BP member after over 2 years. We had met on BP in 2015 as he attended my meetup group and over the years he was very involved with the community here in Chica...

Joshua B. Barely a sucess but lessons learned in Ann Arbor Michigan

2 March 2020 | 5 replies

Just finalized the sale of a 3 bed, 1 bath flip in Ann Arbor, MI with my wife. House was a hair under 1000 sq ft. It was the least profitable deal we've done by a decent margin but it was probably my favorite because ...

Matt John Some lessons learned from my first deal (buy and hold)

21 February 2017 | 3 replies

1) Don't put 20% down. Especially if you are just starting out and don't have tons of cash and therefore won't be able to move on your next deal if you do put 20% down. Lenders love that 20%, but it just isn't necessa...