Entity Structures Q&A
Friday, June 22
This is the final part of our series on Entity Structuring Questions and Answers.QUESTION: "A client came to me and asked why he did not get any stocks from an LLC. I told him that LLC does not issue stocks. He told me that he once went to an attorney to set up a LLC. He keeps insisting that the ...
Entity Structures Part 1
Friday, June 08
Selecting the right entity structure for your real estate deal can mean the difference between building and losing incredible wealth. It's vitally important to incorporate correctly to protect yourself, your assets and your wealth. I get a lot of questions about entity structuring, particularly o...
Marketing is the Driving Force for Success in Any Business
Friday, May 25
Marketing, marketing, marketing. Yes, you may be used to hearing 'location, location, location, but if you don't have a marketing strategy in place, your business will die. The businesses that survive economic downturns are usually the ones that ramp up their marketing when everyone else is runni...
How to Pick the Right Real Estate Investing Strategy for your Lifestyle
Friday, May 11
Choosing a real estate investing strategy can be a huge dilemma, especially when you are just starting out. Should you invest in short sales, note sales, or flips? Should you invest for cash flow or appreciation? Do you invest in your home town or nationally? Trying to decide where to start ...
How to Build Your Own Power Team
Friday, May 04
Successful real estate investors and business owners have one thing in common: they always have a team of experts at their disposal. Creating a 'power team' is vital to your wealth building strategy, and you will certainly be lost without experts to advise and guide you on your entrepreneurial j...
Stupid Mistakes that Cause an IRS Audit
Monday, April 16
Your business return is a report to the IRS and to your State Department of Revenue. It says a lot about your business and about you. But it also says one really important thing of which you might not be aware. Your business return says whether you should be audited or not.Here's a brief outline ...