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6 January 2025 | 31 replies
When buying a laundromat, it’s crucial to evaluate the financials carefully.
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6 January 2025 | 3 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
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3 January 2025 | 1 reply
Partner Driven provided the full financial backing for the purchase and renovations, totaling $113,500.
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5 January 2025 | 12 replies
It seems where you've chosen to move doesn't line up with your goal of reaching financial freedom?
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24 December 2024 | 2 replies
While I haven't personally experienced any negative impacts from this fraudulent listing, I'm concerned that it could mislead potential renters and cause them financial distress.
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1 January 2025 | 8 replies
You're not obligated to take his solution.I would tell Title you expect your full EMD back.
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3 January 2025 | 5 replies
@Steven HsuBigger 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.
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3 January 2025 | 4 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.
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2 January 2025 | 9 replies
It's a townhouse in Ohio, and as per the estimated financials, I could be looking at $400 per month in cashflow.Problem is...
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17 January 2025 | 22 replies
@Martti Eckert here's the big issue that no one really talks about that you hopefully find helpful (this is copy & pasted):-----------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?