Owen Reeter
At what point in real estate do you really become financially free?
6 January 2025 | 2 replies
That all makes sense to me but it makes me wonder how can you be "financially free" or even just start building wealth if you are 100's of thousands of dollars in debt at all times.
Rebecca Gona
New to STR -Excited but scared- need to learn!
17 January 2025 | 8 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
Arshiya Taami
is 95% LTV for a DSCR Loan that is 2.2 possible?
14 January 2025 | 15 replies
Legitimate lenders may charge a small application fee (around $250) to verify you’re serious, but if someone’s asking for thousands with no real intention of closing, that’s a huge red flag.On a more positive note, there are creative financing approaches out there.
Morgan Vien
I live in CA and am buying a rental property in OR. Advice on LLC + Taxes
17 January 2025 | 5 replies
With thousands of members owning 10’s of this quads of properties.
Aldo Valeriani
Help Needed: Stop Work Notice in Covington, GA for Fix-and-Flip Property
17 January 2025 | 2 replies
The GC is likely at least a couple of more thousand dollars.
Adam M.
Cost for a Tax Specialist
13 January 2025 | 7 replies
Bigger Pockets is a great place to find a real estate tax accountant.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
Jesse Streng
Detroit Property Manager
4 January 2025 | 20 replies
They owe us back rent in the thousands.
Jason Baker
Wholesaling Market in Miami
12 January 2025 | 8 replies
Jason, wholesaling is a business, do it right and you can make Thousands and also he is around you.But it is not just an "opportunity to get started as an introduction."
Shayan Sameer
Using Home Equity for Fix/Flip or rental property
6 January 2025 | 8 replies
You may save a few thousand dollars going this route, but may lose a few hundred thousand dollars if you are not dialing in on your strategy and numbers.
Zachary Kotiadis
*Using an FHA loan, can I move during the first year?*
17 January 2025 | 9 replies
This could easily cost you $10’s of thousands if you plan to stay in the home 5+ years when you return.