Articles

So many things have changed. Just look around. And wild regulations are being imposed on us from all levels of government. The dust will settle someday. But meanwhile we’ve got assets to protect. Which is hard in a constantly changing & shifting regulatory environment. That’s why I’m happy my rentals, my LLCs, and the entire way I do business is…

[EVENT TONIGHT – Zoom link below] LLCs are a BIG part of running a successful business these days. So you need to learn how to run them RIGHT. There are some “Do’s” and “Don’ts” to having an LLC… Tax Attorney & CPA Bill Noll is going to teach you all about running a LLC correctly at this Thursday’s Traction REIA…

“That stinks of not being above board” Bill Noll said to me. We had just left a conversation with someone asking for his advice. And he didn’t like what he heard. “I spent too many years as a prosecutor to not be able to smell BS when I hear it.” This month’s Traction REIA speaker is Bill Noll, Tax Attorney…

(This is not a lawyer joke) The best way of dealing with lawyers? Avoid them! Easier said than done oftentimes in business. Still… We need to coat ourselves with “Lawyer Repellent” to ward them off. Otherwise the only ones who walk away the winner are the lawyers, because win or lose, they still get paid. Therefore, how to best protect…

There are winners and losers in everything. No matter what the topic is. That’s just the way life rolls. When it comes to tax and asset protection, here’s how I categorize the winners and losers: — The loser waits until it is too late and gets hosed. — The winner plans ahead to legally minimize taxes. — The loser collects…

One of my students (who started with the same “Wholesaling: The Rapid Cash Generator Workshop” I’m teaching tomorrow) told me he has now been called every name in the book as a result of his marketing efforts. Here’s what he wrote: “Happy for that! I want to say its deal #13. So basically I had to endure 500+ people acting…

Took the kids hiking in a National Park last week. Was talking with a guy in passing and he was from one of those second-tier / third-tier “lesser” cities that are now all the rage as people leave the big mega-cities to get away from all the chaos. I asked him how things were changing in his once quiet town.…

Arrived this heartfelt message: “Looking back, if someone had only helped me get a foothold with some real income instead of just taking my money (and telling me how to spend the rest) with empty promises, I might had had enough to reinvest in my business to keep it going.  Had I been told to focus on wholesaling until profitable,…

 Take advantage of Rick’s offer: Complimentary Training Download

The words we use are important. Saying the proverbial right thing at the proverbial right time can open the proverbial right doors. (Proverbially!) Chris T., one of my students, told me this: “Hey Tom, My seller wanted us to pay his property taxes and I used your exact objection handling line in my email response and that was the end…