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What were the biggest lessons you learned from your note investing in 2020?For us, these were the two biggest:1. The structure of our funds led to our ability to withstand the extreme volatility and effects of the pan...
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I am thinking about buying the house next door. The lady who lived there passed away a few days ago. We used to take her dinners and help keep an eye on her, so we have built a small relationship with her family ove...
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With the recent change in tax laws and businesses including sole props now being able to set up a 127 education assistance plan and deduct student loan payments as a business expense. I was wondering if this is avail...
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Hello BP, What kind of document would you create to show banks/lenders/potential investors your business plan in order to better secure funding? Examples would be much appreciated. Thanks
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So I have been thinking about the new tax law and its implications on our fix & flip predominated real estate investment business. Much of the existing information from the pundits will tell you an LLC (taxed eith...
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I am curious to know if it is typical or recommended for someone just starting out in real estate investing, let's say using wholesaling strategy, to create a business entity such as an LLC. Is there a need that early...
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Hi, I'm currently an agent for a popular brokerage in my city but I'm interested in leaving the brokerage and signing up with a new one. But I was unsure how that process works. Should I sign up for the new brokerage ...
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Hello All,
We currently own 1 single family rental, and are about to turn our current residence into a rental as well. We have a $1 million liability umbrella. At this point would you recommend putting the rentals...
Hello,We came across a property for sale that has green space in front of the home but facing a main road in front (11800 South near Herriman High School) as in the attached picture below. Is it ok to buy the property...
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We are in California, but doing business as a Wyoming LLC, how does this work at Tax time?(Tax deed investing...first year, all losses, but this year some deals in progress)