David R Pustelnik
Looking to maximize my potential with rental properties
16 January 2025 | 7 replies
Top 3 reasons owners hire PMCs:1) No time to manage correctly2) No time to learn how to manage correcly: laws, documents, processes, etc.3) They're too nice and need someone to "save them from themselves"A good PMC can usually earn their fees by better managing the property/tenant than the owner, thereby:1) Increasing owners net profit2) Decreasing owner's time commitment, stress, headaches, etc.No matter what though, you should always plan to commit a couple of hours a month to manage your PMC.
Jason Mergl
Building a Team in Albany Area
14 January 2025 | 21 replies
Bigger 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.
Carlos Ptriawan
The rise of flat fee buyer agent brokerage
21 January 2025 | 20 replies
I predict that the substantial home price cost savings and greater control they enable the buyer to have will make them grow in popularity.
Patrick Brown
SBA loan when remainderman on life estate deed
23 January 2025 | 2 replies
Please let me know if you need more info to create a clearer picture.Thank you.That is actually a good question to get advice from a local estate attorney on.
Christopher R.
Homeowners Insurance/Landlord insurance/Umbrella insurance
23 January 2025 | 15 replies
Quote from @John Mocker: ChristopherBelow is some info that I posted in the past.
Joshua Tucker
Tax breaks on tribal land
27 January 2025 | 4 replies
For instance, many tribal lands are exempt from state and local property taxes, which can obviously lead to significant savings.
Kyle Cross
Is investing with family inheritance a good idea?
6 January 2025 | 8 replies
@Kyle Cross you claim to know a lot about the industry, but your questions are vague and so is the info you've provided.Not sure how managing 8 units doesn't, "require much management"?
Michael Plaks
EXPLAINED: should I trust all those "End-of-Year Tax Saving Tips"?
24 December 2024 | 6 replies
Doing it in December will not save you any taxes anyway.
Tanner Davis
Learning about real estate investing
23 January 2025 | 10 replies
Plus, if you aren't able to get approved with what you've got now in terms of savings, credit, etc. you can learn on what you need to qualify so you know what to be working towards.
Melissa B.
Loans: Collateralized or Roll-Overs ... which to choose?
18 January 2025 | 2 replies
What are the pros and cons of each, and which offers the least restrictions, flexibility and cost savings for my intended purposes?