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21 November 2024 | 14 replies
Get a development standards book so you can understand what and why a engineer should do something.
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14 November 2024 | 40 replies
Just because someone is new to BP doesn't mean they don't have experience, but using their profile as a guide may give you more information.
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14 November 2024 | 12 replies
Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.
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13 November 2024 | 10 replies
While the IRS does not mandate a physical site visit, the IRS cost segregation audit technique guide (ATG) does suggest conducting “field inspections.”It’s important to note that the ATG is not an official IRS document.It serves as a guide and cannot be used, cited, or relied upon as an authoritative source.However, the recommendations in the ATG are worth considering.According to the guide: “A field inspection is recommended to document the physical details of the building, type of construction, materials used for construction, the assets contained in the building, the size and types of building systems, and any land improvements that were included in the purchase of the property and the condition of that property at the time of purchase.”So while the IRS does not require a site visit for cost segregation studies, following the guidance from the cost segregation audit technique guide can be beneficial.
15 November 2024 | 14 replies
@Karan SinghTo build a solid real estate foundation, prioritize wise time management, early pre-approval, early credit building, real estate partnerships, income diversification, networking, and learning from books and podcasts.
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17 November 2024 | 5 replies
Many follow the Entrepreneurial Operating System from the book Traction.One of our core values as a company is to be "enthusiastic about doing the right thing."
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12 November 2024 | 8 replies
Matthew, there are lots of good way to learn about syndications (and CrowdFunding...which are syndications that can be marketed over the internet).This is the book I wish I'd read when I started...and I think it should be required reading for every beginner and pro.
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15 November 2024 | 17 replies
Then I have it change the minimum stay to allow shorter bookings if there are openings less than a month out, or where there are shorter gaps between bookings.
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15 November 2024 | 11 replies
@Rama KrishnaLearn the market, search the forum, listen to podcast, read books.
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14 November 2024 | 12 replies
It's a great starter book for the financial foundations of real estate investing: https://store.biggerpockets.com/products/set-for-life-revise...I would also recommend Small and Mighty by Chad Carson: https://store.biggerpockets.com/products/small-and-mighty-re...Real Estate Rookie: https://store.biggerpockets.com/products/real-estate-rookieHouse Hacking: https://store.biggerpockets.com/products/the-house-hacking-s...