All Forum Posts by: Costin I.

Interesting idea. If you need book suggestions, here some - question is, where to find time for all?

My Top 10 Books (Out of the 56 I Read) for 2017

22 Books to Make You Better at Investing, Business & Life

20 Books All Entrepreneurs Should Read in 2017 - Inc.com

Books by Ken McElroy

Books by Garrett Sutton

Books by Tom Wheelwright

Books by Darren Weeks 

And if still hungry for more:

Watch 109 podcast  and talk with @Scott Smith.

You didn't get a regular email notice? Reply to that. And they should have here a contact for support.

@Matthew McNeil Check your documents and with your lawyer, but that is my understanding - beware of using a quit claim deed for property transfers. It might be too late, or not worth to move it back and forth just to repair this error - this is called "paying tuition" and, yes, investing is a continual learning.

@Patricia Smith & @Jonathan James Look Land trusts offer anonymity, and other benefits, but no litigation/liability protection. They complement LLC as a tool in asset protection strategy - do not confuse them as a replacement.

The number of properties per LLC should be based on a number of different factors: equity, number of units, cash flow, location of real estate, and tenants. For example, you might own 4 properties with a sum total of 50k in equity but one of the properties generates $900 per month positive cash flow. In this situation you would structure it so the cash cow property is held separate from the other 3 rentals despite the low overall equity. In other words each person/situation is a case by case scenario. Or use a Series-LLC if you have that option.

I made similar mistakes - you need to change your message, if you send the same one, you'll get flagged as spammer. 

Message a moderator or reply to the notice you got and they should reinstate your access.

BP holds a pretty strict line or the forums will quickly get overrun with spam like most online forums. It's our strictness that keeps us growing! Here’s a link to the Rules and Terms of Service for our site. They include all the do’s and don’t’s.

You're welcome to continue engaging on the site, but any form of ad or solicitation made on the site needs to be placed in the above forum.

Be sure to check out BP free guide, "Using BiggerPockets to Grow Your Business" for tips on the best ways to interact with BiggerPockets' members to increase your exposure and build your business. You can get it at https://www.biggerpockets.com/biz

@David Barron - we have one scheduled for May 13th at Round Rock library. See the event details.

Here, fresh of the press: https://www.biggerpockets.com/renewsblog/get-ready-to-invest/.

1. First put your house in order - read Dave Ramsey books, Jean Chatzky - Make Money, Not Excuses and Scott's Trench Set for Life.

2. Learn about the difference between assets and liabilities - read all the Kyosaki books (start with Rich Dad, Poor Dad, continue with Cashflow Quadrant, and further with many that he has).

3. Listen to all BP podcasts and read the investing basics blog.

That should keep you busy for at least 6 months. By then you'll be on a much better foundation and have plenty of information for next steps.

What are you trying to accomplish? What are your goals? 

Maybe you should talk with someone closer than Utah - @Scott Smith.

Did you watch his 109 podcast ?