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26 January 2025 | 51 replies
That additional review layer definitely can add value in oversight and deal selection.
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15 January 2025 | 49 replies
Does the Stessa membership offered through BP Pro include all Stessa Pro features or just a select list of upgrades?
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4 January 2025 | 2 replies
BP has built a great selection, all of them worth reading and that will help you build foundational knowledge.To answer this one: the words from old school investor Dolf De Roos "seldom sell" and you will find a lot of post on BP from people who regret selling properties in the past.
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16 January 2025 | 6 replies
This is not yoursituation, but just to walk through the different thought processesin Holding/Selling that a friend of mine is going through.Helped my friend getinto the Self Storage business and walked him through the wholeprocess from evaluating the market, selecting a site, developing thesite, systems, financing, insurance, etc.
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20 January 2025 | 22 replies
I recommend selecting an investment city based on the following criteria.Key Criteria for Choosing an Investment CityRents Must Outpace InflationFinancial freedom depends on rental income growing faster than inflation.
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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.
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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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13 January 2025 | 21 replies
And then use a direct mail service like Yellowletter HQ and select the smaller envelope.
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21 January 2025 | 10 replies
Educating yourself about common property maintenance processes doesn’t mean you have to become an expert, but even a basic understanding of repairs like plumbing or lead testing can go a long way in helping you make more informed decisions.It’s also worth discussing with your property manager how they select and negotiate with contractors.
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23 January 2025 | 15 replies
My comments were not to scare you away from them or any lender in general, I just do not think websites that say they are going to provide you with the best lender for you when in theory they only have a select few options.