Study other investors winning strategy the same you would study a sports teams winnings.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

It has been discussed on this forum multiple times, you can search the forum for earlier threads.The reason CPAs disagree is because it's somewhat controversial, especially between accountants who do NOT specialize in real estate.

This is just the latest case study of how Government is incapable of improving housing affordability on its own.

Phil Alexander, the main guy, does not hold the local providers accountable.

I received wire transfer instructions to a credit union in Utah with a totally different account name than the company.

Hello BiggerPockets Community,My name is Sebastian Tamburro, and I’m a Canadian currently studying at Colgate University.

Moving to a portfolio model—where a pod (1 PM + 2 VAs) manages all aspects of 200+ units—streamlined operations and improved accountability.

The ability to use leverage and reduce taxes in your highest earning years without having to put money into qualified retirement accounts is a great way to build wealth.So - If you own an STR:1.

I got good at estimating renovation costs by making an initial estimate based on photos/walkthrough, drawing up a model like you see here, then once the project is finished, go to accounting, get the actual expense report for that property, and update the model.