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18 December 2024 | 13 replies
Generally:Minimum size: Most jurisdictions consider a minimum of 70 square feet of floor space.
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30 December 2024 | 3 replies
For a tax specialist, look for someone experienced in real estate investing to maximize deductions and plan for your goals.
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3 January 2025 | 2 replies
With less experienced or just poor planning operators, it isn't uncommon that they spend years distributing all the cash out to the owners, and then the time comes for a multi million dollar refresh to maintain the hotel brand, and no one wants to cough up the money back into the entity.
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3 January 2025 | 1 reply
This deal showcased how strategic planning, targeted improvements, and a strong partnership could deliver impressive returns.
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9 January 2025 | 8 replies
For example, I stay 99% occupied with my MTRs - the only vacancies are planned vacancies when I need a couple of days for a turnover.
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10 January 2025 | 12 replies
You want to focus on markets that work with your plan and also where you have a personal connection with someone, even if you build that on the internet.
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4 January 2025 | 5 replies
I think you have a good plan, BRRRR is still a great route in the current market, and especially for the states you are already in - both Indiana and Georgia are very well positioned for BRRRR deals in my view / experience
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31 December 2024 | 3 replies
If you have to do an ARM, have a Plan B to pivot if you need to sell or refinance.
2 January 2025 | 11 replies
Let them know your strategy, your goals and what your business plan is to ensure that your business plan aligns with theirs and you can both work towards the same goal.
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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.