Last week I was having a conversation with my dad about retirement. Like most people, the majority of his retirement investments are done via his 401k. I came away from that conversation thinking, “If I was in his pos...
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This is a hypothetical question based on a decision I will likely need to make. If you had to chose and approve one of these tenants, which one would it be?Assume both renters have the same amount of income, assets, ...
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I often hear wholesalers discuss the legality and ethics of whether or not you are brokering a deal. So then wouldn't it make better sense to partner with your buyer/flipper. I see one negative in that you don't get...
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Listening to this weeks podcast the guest made a statement that he would Never hire someone unless they had a job in collage. How many of you successful folks out there had a Job in collage? (I realize some of you nev...
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In the past year, I have purchased two properties in the state of Connecticut, but am yet to form an LLC, which I would like to do ASAP obviously for a number of reasons. I have put 25% down on both properties with a ...
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I recently posted about a significant wind storm in October causing damage to one my tenants car (windshield and body) when branches from the tree in my driveway fell onto their SUV. This was a significant wind storm,...
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What is an asset protection trust? Who needs them? Where do you set them up? Lets jump into this.
Lets start with the need for asset protection and why asset protection works. Asset Protection works by removing the ...
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Hello friends,I am selling a piece of land, its under agreement and closing is in a few days. I have been wanted to fire my agent for a long while but I had no grounds, I just found out he never gave me the consumer n...
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I think this is the right forum for this question...I have a rental property with high equity and low cash flow. I am thinking to sell it and exchange it via a 1031 for other rental properties with better cash flow.Th...
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I formed my LLC a few months ago using a service, and received the Articles and Operating Agreement by mail from them.
The service advised me to make the LLC "Manager Managed" (with myself as the...