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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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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.
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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.
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 | 4 replies
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.
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3 February 2025 | 32 replies
I've heard lots of things about turnkey properties and could definitely use some clarification to see where it might fit into my plan.
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4 January 2025 | 0 replies
My Realtor did most of the work for me on this deal, as I told him what I wanted and what my plans were.
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17 December 2024 | 3 replies
Instead, there should be dollar amounts assigned to specific events, i.e. demolition complete with full haul off, floors broom cleaned, no nails left in studs or subfloors $1,500.Plumbing rough in complete and rough in inspection passed: $4000Final plumbing completed $5000I am clearly making up dollar amounts, but look for these types of bids on large projects.
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5 January 2025 | 33 replies
@Nicholas Nakamurain order to be successful, you will need to build a network on the ground in Ohio with people you know and trust. buying a random property on the MLS in unknown condition based on other people looking at it, and putting it under management with people you have never met, will not work, and you will lose money.https://www.biggerpockets.com/forums/963/topics/1195280-expe...https://www.biggerpockets.com/forums/48/topics/1137397-balti...so - what's your plan?
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6 January 2025 | 11 replies
But assuming thsi is something you plan to pay back in 2-3 months the interest rate shouldn’t matter.