All Forum Posts by: Raymond McGill

I am collecting names and will interview 3. I will be glad to share my observations. @Stephen Polizzi

@al 

@Al Bigonia Thank you so much, Al!

Ann, just trying to encourage you for your helpful responses. You add much to BP. Thank you.

@Account Closed Ann, in case no one has told you today, your awesome! 

Hi,

I am need to ensure the structure of my REI company is correct and ensure I structure the business properly. Looking for a recommendation of a knowlegable tax person in New Hampshire.

Right. You have the right answer... no online tool will give you the right number. You have to work it out and do a CMA yourself. Thats where the skill comes in. You are gaining it.

So, you have already said your estimation of 10k was way low. I think your adjusted of 30k may be to low. (14k roof, windows, elect, unknown). You need to get estimate scope better. Find spreadsheet here and fill out expenses.

Welcome to the 'Shire!

I also am looking for a CPA. I need one personally, and need one for the local REIA.

@Jeffrey Vargas Sorry I missed putting your @ in the last post. Would be glad to help anyway I can.

@Jonathan Twombly Thanks Jonathan for your informative post. I was using the BP calculators as my documentation for my previous two SFH flips/rentals and the future one.

Since I last wrote, I have an approved offer on the next property. 

I am planning on BRRR two properties per year, so a tool to help with documentation (rehabvaluator ) would be $30 per property to put together a package. I just paid for it to try it and will post an example for the BP community to provide constructive criticisms.