Greetings BP community! I have been a long time fan of the podcasts and investing in SFH for about 4 years. My wife and I just moved into a duplex in east Denver and we are going the house hacking route. Thank you BP ...
I was inspired today about WHY I want financial freedom."Whatever causes us to be dependent on someone else for decisions or resources we could provide for ourselves weakens us spiritually and retards our growth towar...
I currently have my Business under lease for the portion of the house that I use and my baswnt rented out. With both incomes the mortgage on my primary residence is covered and I have a positive cashflow.
My questi...
Good morning all, Would any of you have or can recommend a good evaluation calculator to buy a business on seller finance? Any “how to” deal structure literature to share?Thank you in advance
Not having a business plan is like taking a family vacation withoutmaking any plans. I don’t know of anyone who takes a vacation withoutplanning it but I know many, many business owners who don’t have abusiness plan. ...
As a CPA and an investor, I'm well aware that reviewing financial statements is important. I'm curious what many of you as investors look at when reviewing these statements.
Besides the fact that there may be issue...
1. Executive Summary:
Briefly introduce your real estate wholesaling business, emphasizing its unique approach.Highlight the use of Earnest Money Deposit (EMD) loans and efficient double closing strategies.
2. Busin...
What is everyone's thought on the initial expendature of funds on propfessional services such as financial planners, attorneys, CPAs, etc. Do you foot the bill upfront, or go at it alone and hope you don't make a mist...
Hello,
I met with my local commerical banker today about obtaining a line of credit on an investment property that I have. (discussed in previous thread). As I anticipated, he suggested for me to put together a pers...
Hello,I work a normal job, and my wife is the real estate professional who helps manage our investment properties. Due to depreciation, we report negative taxable income from our real estate investments, which helps ...