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Ep 191: How business credit can help you buy real estate | A. Donahue Baker
06:29 – One of the things that I realize is that it is one thing to get money and the other thing is to keep it. And if you are not aware of the tax strategies and how you should shield an income, you are gonna be behind the equal.
08:29 – Every typical business or typical person should have about 4 accounts. Donahue explains why..
11:04 – Real estate is not a risk for your investment. The idea is to make an investment into something that is tangible.
15:21 – You will be able to understand the concept and apply it. There’s no better way to do it than to set up an LLC and leverage it.
15:45 – It is so important that you have some clear legal lines between your personal assets, the home you live in, and your investment properties and how you can build wealth that way.
16:36 – Real estate is one of those businesses that you pretty much have to be mature if you are looking to get financing solely as a real estate business.
24:36 – If you are just starting out, we want your first home purchase to be a multifamily home purchase.
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