Newbie wondering what CPA services should cost

[Patricia Miller]

I'm guessing that a range of costs for CPA services is going to be determined by region - NYC, LA, SF being more expensive than the midwest, south, etc? I will be investing in the Denver area and want to secure a relationship with a firm BEFORE beginning so I can get some early guidance as well as have a solid outfit handling my tax returns. I don't even know how to ask what constitutes a reasonable cost for services. A per/hour rate? A cost for a business tax return for a small start-up REI business? Is there a range I should look for? I'm not looking to secure the least expensive, I just want to make sure I don't buy the cadillac plan for simple needs. Is this even a question anyone can answer??

[Paul Timmins]

@Patricia Miller

You might reach out to Amanda Han she is a real estate CPA an investor herself she is active on BP.

Go to IREM.org search for ARM certified property managers. Call 5 ask them what they see expenses running per category per unit. What do they see them selling for per unit, what is the market occupancy rate. What are the market rents? Ask them if they know anything coming up for sale. Great way to pick up some good info and possibly a deal.

You can also search NARPM.org for the RMP (Residential Management Professional) and MPM (Master Property Manager) certified.

Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info. Here you will meet wholesalers who provide deals and rehabbers (cash buyers). Find them through Google and meetup.com Here you can find referrals for other team members.

Paul