![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3155933/small_1733937762-avatar-zachh319.jpg?twic=v1/output=image&v=2)
12 January 2025 | 2 replies
If you have a focused plan and prepared questions you can learn a lot in an hour.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1090717/small_1695518129-avatar-angels50.jpg?twic=v1/output=image&v=2)
14 January 2025 | 8 replies
If I did, I'd find a place I really like to visit and be prepared to spend a lot of time there making connections.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/182136/small_1728924093-avatar-scotttrench.jpg?twic=v1/output=image&v=2)
18 January 2025 | 13 replies
Skipping Toy Shop SchoolTo open a shop, you need to learn the rules, take a class, pass a test, and even keep learning as new toy trends pop up.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/100048/small_1621417031-avatar-acummings.jpg?twic=v1/output=image&v=2)
19 January 2025 | 42 replies
Do not forget to prepare the balance sheet, track distributions etc.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3128633/small_1727878785-avatar-richardl545.jpg?twic=v1/output=image&v=2)
13 January 2025 | 9 replies
Be prepared to face fluctuations in the market, unexpected repairs, and tenant issues.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3108216/small_1736717904-avatar-abigaill43.jpg?twic=v1/output=image&v=2)
12 January 2025 | 0 replies
Renovated basement recently to prepare to rent out.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3088894/small_1722365942-avatar-reneh34.jpg?twic=v1/output=image&v=2)
14 January 2025 | 28 replies
I’m curious about how much time you all spend prepping for tax season before your CPA (or tax preparer) officially files your returns?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/847633/small_1709745250-avatar-jaceperry.jpg?twic=v1/output=image&v=2)
11 January 2025 | 11 replies
Last year we began testing different places by staying in Carrillo and Junquillal with day trips to a lot of other nearby beaches.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/964391/small_1736306378-avatar-ericm299.jpg?twic=v1/output=image&v=2)
9 January 2025 | 1 reply
I wasn’t prepared to lose so much of my savings as carrying cost basically I paid for the tenants to live there for 3 months + my own living expenses in that time.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3169031/small_1736792263-avatar-jamest818.jpg?twic=v1/output=image&v=2)
17 January 2025 | 17 replies
The sooner you start these conversations, the better prepared you'll be when the right deal comes along.Local professionals can also be an invaluable resource.