Mark Douglas
Not Sure What The Best Option Is
Hi all, I'll keep this brief.I've got a 4plex in Clarksville that I bought in 2017 for 195k. I recently got an offer to sell it for 520k. After the mortgage payoff and realtor commissions, I'd clear roughly 320k.I'v...
Shimi T.
Teen Kid's Pay below Standard Deduction - Filing Needed? How?
Throughout the internet, there are too many contradicting responses by CPAs on teen kid's pay for assistance in parents' rental business work. Brandon Hall Vs. Mark J Kohler to name a few. One says that W-2 is needed ...
Maranda Tucker
How much $$$ did you have when you started investing?
My husband is convinced we have to be making $200k + a year before we can start investing. I KNOW that isn't the case. I have met a few that started with very little and built their empire over time. When you first st...
Chris Allen
Preparing For Children's Future
So I am about to become a new Dad! My wife and I have a baby boy due end of June 2022 and I am wanting to get some advice as a new parent as to what are some of the ways that you all have prepared for your kids future...
Jennifer Jackson
Forming Good Habits
The Financial Market taught me the lesson of forming the habit of saving. I am open to the universe's abundant opportunities so when I stumbled upon an ad in the Las Vegas Review Journal for a salesperson, I answered...
Justine Phillipson
How much money did you have before your first investment?
How much money did you have saved up before buying your first investment? I had saved up 45k, and then used 20k of that for my first deal. I am trying to decide if I should leave the rest in mutual funds, or use it fo...
Marc Shin
Best way to save receipts for REI?
New investor here. What's the best way to save and organize digital receipts and to snapshot paper receipts? is there a good phone app? or software to use? TIA
Anthony French
Any ideas or information finding funding for a development
I’m relatively new to real estate development, having completed only one fix-and-flip project. However, I am passionate about creating a micro home neighborhood in my area. Securing funding has been challenging, parti...
Tae Jang
I need to correct my mistakes
Hi BP!I need your opinions about my personal financial situations.After paying off my student loans last year, I bought a nice home for our self and two cars last year. Big Mistake! I have never thought about becoming...
Josh Hoover
I don’t know the next step to take to get another Rental
I’m 19 years old and I’m really into Real Estate and I just bought my first house and I got a tenant in there. What’s the fastest way to get another house so I can get another tenant in there so I can get to financial...