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25 January 2025 | 26 replies
Don’t worry if you are new or seasoned, to over complicate yourself with that, just be sharp and honest.
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8 February 2025 | 80 replies
It's really not complicated.
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24 December 2024 | 14 replies
This will allow you separate business income and expenses from personal income and expenses.Since you plan to house hack your bookkeeping and tax return preparation will be more complicated because a percentage of your home expenses will be personal deductions and some will be business deductions.
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14 January 2025 | 28 replies
Still use paper method for mileage logs.Tried QuickBooks several years ago but it was more complicated and I did not need the bells and whistles.
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24 December 2024 | 9 replies
In most cases, neither is warranted.Warning: I am not an attorney, and this can be a complicated topic.
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24 December 2024 | 6 replies
Examples could include:Partnering with other investors to share risk.Using seller financing or lease options.Leveraging creative rehab techniques to save on costs.Negotiating with contractors in a unique way to reduce expenses.I’d love to hear any stories, tips, or approaches that helped you pull off a deal others might have instantly passed on.
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5 January 2025 | 17 replies
dont over think this its not that complicated. important issues are.1. cost of capital2. knowing what a deal is or is not.3. good reno crew or contractor 4. good agent that will tell you straight what its worth when done and what level you should rehab to.5. a market that is actually moving napkin math works trying to drill down to decimal points does not.
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28 December 2024 | 8 replies
I would love any advice on landlords' favorite brands or models that last well and are not complicated.
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26 December 2024 | 6 replies
Because the owners of Licensing Experts pay ALL CASH, the closing usually occurs 3-6 weeks, which is very fast compared to traditionally financed commercial deals I've seen on Bigger Pockets.The whole thing hinges on their very clever technique of getting existing commercial retail tenants engaged, willing to move into their newly acquired properties who are coming up for a lease renewal or lease expiration, rather than marketing for new commercial tenants - which would take way too long.Licensing Experts is somewhat of a "front" for their Mentorship Platform, as they evidently have many of their own separate entities for which they use to actually purchase and close on their commercial properties assigned by their mentees.
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31 January 2025 | 170 replies
Investors get stuck and cannot cash out because of tax complications.