Daniel Dietz
Lenders - How do I show interest in LLC on personal financials?
Hello, I have been working on coming up with a more accurate personal balance sheet (as have my two partners in my LLCs) and personal financial statements. One things we are a bit confused on is how to show the assets...
Ron Jon
Financial statements for new LLC (partnership)
I am planning on creating an LLC with a couple of partners to buy our first investment property within the next few weeks. All are active partners and have equal stake. My question is about the visibility of the perso...
Daniel Hyman
Once you reach your financial goals how will you spend your time?
I believe it was Confucious who said, "Choose a job you love, and you will never have to work a day in your life." Many of us are fortunate to earn our livelihood in an industry that we enjoy being in. So much of our ...
Kaoru Yamazaki
HELP! Should I walk away and buy an investment property instead?
I am so lost and any help would be so appreciated! My husband and I do not own any properties yet, but instead rent for ourselves. We have been in the market for some time, but the market has been so crazy that we hav...
Nickolas Poce
Loan advice for a resort.
I'm looking to buy and run a resort. I found a lender named Steve Mayer of finance holding co. I told him my credit is isn't great and that I recently found out that the resort I was interested in doesn't have any fin...
Marco Solis
HELOC VS Cash Out Refinance
I am new to the real estate investing field and am seeking advise between choosing a HELOC/Cash Out refinance loan for funding.My primary home is paid off and valued at approximately 600k. I am looking to get a loan f...
Jacob Mallison
As a realtor, how do you approach Retirement and Tax Planning?
I see a common trend among realtor's:Real Estate brokerages do not offer 401(k)/IRA programs, thus the responsibility of retirement planning falls entirely upon the realtor.Unlike more traditional employers, realtor's...
Brian Bradley
Modern Estate Plans
Do you have your Estate Plan / Trust in place? If not, then you are not protected from wealth destruction and the Big 4.Most come on Bigger Pockets to learn to invest and build connections. Then they realize the need ...
Chris Seveney
Easiest Predictor Of Losing Money In A Fund
As someone who has worn both hats as a GP and a LP - here is a statistic which to date has had 100% accuracy in determining if the investment will not end up successful.What is it?Having Audited financials completed o...
Devlin Melvin
How does running an LLC affect your financing situation?
For example, Ive heard you cant get a HELOC if you have the property in an LLC. Ive also heard you'll pretty much have to put a 20% downpayment for a conventional loan. Are these true? And how else can owning an LLC a...