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26 April 2024 | 12 replies
SEP-IRAs or SIMPLE IRAs), donor advised funds, or research & development if you're building out any software to run your business.Just some things to think about outside of the realm of real estate.
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24 April 2024 | 0 replies
I purchased my first property couple months ago in Feb. Have a good tenant. My first property was turnkey, ready for rent. Should I wait until I have enough savings for a 20% down payment and do the same again? I ...
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25 April 2024 | 5 replies
Over the years, I've gained extensive experience with STRs, navigating regulations, building teams remotely in various markets and countries, and testing nearly every piece of relevant software.
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26 April 2024 | 21 replies
I was able to learn about acquisition, renovations, project management, furnishing a short-term rental, using property management software, and lowering our cost of living compared to renting.
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25 April 2024 | 16 replies
Buy or inherit and hold all their lives while working the properties for income.I've seen teachers, firemen, software engineers and all sorts of people utilize both strategies successfully.
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24 April 2024 | 30 replies
There's a tool called Depreciate'Em that is listed on BiggerPockets Software page(http://biggerpockets.com/software.html)I have found the DepreciateEm.com site to be quite useful.
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24 April 2024 | 3 replies
You can pay a lot of a software... or you can do the following: - Assume you are handed $2.5M in cash in 10 years (pick your number). - Take a blank sheet of paper, and a pen/pencil. - Draw a big circle on the paper.
25 April 2024 | 60 replies
My leases all require tenants to accept notices by email and text, to "opt in" for text messages from my property management software, and to maintain a current email and phone number in my system for the duration of their tenancy.
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23 April 2024 | 4 replies
I have been in the industry for about 7 years now, and I have tried a lot of different pricing software.
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24 April 2024 | 16 replies
You can ask them how to best track your finances and get suggestions for software, spreadsheet, etc.