Just got done reading Wealth Protection Secrets by William Bronchick. The book came highly recommended by REI. Anyway, in the book the author recommends using a Land Trust in conjunction with a LLC. In essence the ...

What percentage is the structure worth vs land for depreciation?In California in the property tax bill you can see sometimes the land is 90% and the structure is 10% but the reality to rebuild the structure can someti...

Hi all!I'm a new member and I've been listening to BP podcasts for 2 months now. I just love it. I'm from a french province (Quebec) which is close to Montreal in Canada, my english might not be perfect (and i'm sorry...

I created this thread from questions and answers via PM from another BP member to me and thought it was good stuff for all to read, so here it goes:

This first question stems from another post which can be found here...

I was wondering how successful wholesalers, particularly in CA, are determining offers on bank owned fixers. The "70% of the repaired value minus repairs" formula seems to be not applicable in my market. The banks re...

I would like to open a discussion which drills into the actual content of these note investing courses that are offered.  I would like the conversation to steer away from identifying which or whose course you took but...

Are you open minded?I have had several conversations recently with BP members and during the conversation I mentioned that I was always open to looking at any and all opportunities. Reflecting upon this statement, I ...

Do commercial lenders have any requirement to protect the interest of their clientele? With residential and up to 4 units the lender would certainly check out your credit and financial condition before asking for a lo...