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30 January 2025 | 3 replies
So I’ve read that unbrella insurance providers require you to use them for car and home.
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20 January 2025 | 2 replies
Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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23 February 2025 | 42 replies
., as Chris noted, the required documentation will be outlined in the LP Agreement you signed.
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11 February 2025 | 3 replies
Do you have a couple that you recommend.
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7 February 2025 | 3 replies
What’s required for success in this is deep knowledge of real estate in general and the area in particular; experience in real estate and the local laws, etc.; and capital to pay for options, marketing, legal counsel, accounting, tax advise, etc.
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29 January 2025 | 3 replies
Quote from @Pamela Rivas: Hi Natasha,Here are some key points to consider about setting up a Mexican corporation:Setup Costs: $1,500–$3,000 USDOngoing Costs: $1,000–$2,000 USD/year (accounting and tax filings)Benefits: Tax deductions for expenses like maintenance, repairs, and managementBest for: Multiple properties or income-generating investmentsWhile a corporation is ideal for managing multiple properties, it’s NOT required to obtain an RFC.
20 January 2025 | 6 replies
If the property does not require an extensive rehab and just needs cosmetic repairs then a standard landlord dwelling policy in most cases depending on the carrier.
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3 February 2025 | 7 replies
Quote from @Michael Wheeler: Highly recommend the RAL Academy.
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21 February 2025 | 2 replies
If you had a client who had no bonus depreciation, would you recommend that they don't try to employ the loophole?
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3 February 2025 | 37 replies
Do you have a list of recommended lenders?