
11 January 2025 | 49 replies
You invest in something else, for example in a more profitable place, and the you use the proceeds of the investment to buy a property in Costa Rica when you retire.

12 January 2025 | 28 replies
Quote from @Bruce Woodruff: @Jesse Valdez you really need to get out of the landlord business.

17 January 2025 | 6 replies
More than 90 percent of real estate agents are out of the business in less than five years.

4 January 2025 | 1 reply
I generally try not to sell my properties unless I have to sell in order to have enough proceeds to purchase a bigger and better property (and usually more units).

16 January 2025 | 4 replies
Not only will lenders be effected, but borrower credit, business loans, inventory, and auto credit will suffer when those effected have to relocate, find long term replacement housing and their livelihoods and income are destroyed.

13 January 2025 | 25 replies
If you are going to self manage you will need to build business systems and get a list of reliable vendors.

23 January 2025 | 10 replies
@Jackson Pudlo you'll have a better chance of success managing a unit right next door and learn a lot.Versus...Buying a rental in a few years that not near you.One of the biggest mistakes newbie investors make is not paying enough attention to their rentals because they are too busy with family & work.You really won't be able to ignore a rental next door to you!

13 January 2025 | 7 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.

4 January 2025 | 5 replies
I believe if something happens and the tenant only has it in their name I am unable to get the proceeds because the check will be written to them.

12 January 2025 | 2 replies
in my country real estate is not something that is so common,so was asking about the about the degree with the view that it would perhaps get me in track for real estate business.