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4 March 2024 | 59 replies
Bigger Pockets Real Estate rookie podcast posted a great episode in the last week or so where they interview a CPA and get their opinion of when a rookie should get a CPAI think a lot of rookie investors (myself included) worry and focus too much on setting up LLCs, getting the taxes lined up etc ... when in reality we need to get a couple deals under our belt and then we can start figuring out the rest.
4 March 2024 | 1 reply
Thanks so much for your time and expertise, Rookie investorBrian
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4 March 2024 | 15 replies
Hello ,I am Kash from San Jose,CA and I am a Rookie in the world of real estate investments.
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4 March 2024 | 2 replies
You could read 100 books and still not know enough because certain things must be learned through trial and error.
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4 March 2024 | 22 replies
In regards to learning more about real estate and maybe how to answer those questions I'd recommend listening to BiggerPockets (Rookie and Real Estate Podcast), there are also some market specific real estate podcast you can check out depending on the area you want to invest in.
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4 March 2024 | 34 replies
However, when converting to Capital Account methodology, the accountants "discovered" all sorts of past "errors."
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3 March 2024 | 36 replies
You don't want to a rookie do work for you, you would certainly not hire yourself!
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4 March 2024 | 17 replies
Tenants save money when using a shared meter, so there's plenty of room for error when calculating how to distribute the charges.
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3 March 2024 | 7 replies
You can certainly learn through free resources and online forums like this but a mentor can help cut thru the noise, provide clarity specific to your goals, and provide support to achieving them without the trial and error.
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2 March 2024 | 1 reply
My first investment was a 3/1 single family in Columbus, and was probably (in my opinion) the best decision I could have made as an rookie out of state investor.