MIchael McCUe
Is debt relief a good idea, filing bankruptcy
9 January 2025 | 14 replies
While personal circumstances can vary, it will be a unique situation indeed if $10K in debt should force you to declare bankruptcy.
Michael Plaks
EXPLAINED: should I trust all those "End-of-Year Tax Saving Tips"?
24 December 2024 | 6 replies
Get the maximum tax deduction, invest, and then be selective about which asset I would like to convert.
William Stewart
Liability Insurance for room rental
30 December 2024 | 11 replies
The flexibility allows investors to select the coverage that aligns with their strategy and budget.When clients receive a proposal, they are guided through their coverage options by an expert team member.
Kyle Fitch
Why Real Estate Over Stock Market?
6 January 2025 | 57 replies
The maximum leverage I have ever seen in trading accounts is 50%, and that's very limited and select.
Sara Donohue
Need Advice: Creative Financing for $100K Land Purchase
24 December 2024 | 3 replies
While land loans still require good financials, smaller local lenders are often more willing to work with unique situations.You could also look into partnering with a private lender or forming a joint venture with someone who shares your vision.
Joshua Houchins
Accounting Software?
9 January 2025 | 16 replies
When we moved our companies to a new accounting software we looked at Quickbooks, but found its international awareness (tax rules, multi-currency, locale support, etc), project/job, and multi-company abilities to be clunky.To be fair, none of the candidates hit everything on our wishlist.We ended-up selecting MoneyWorks by Cognito and have been satisfied with it over the past three years.
Vanessa Lule
Negotiation Tips for Airbnb Arbitrage + How do I Present My business Plan?
30 December 2024 | 7 replies
What unique features of this property do you believe makes it a good STR6.
Chris Shon
Do I need a Real Estate Tax Accountant?
10 January 2025 | 16 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.
Sarah Allgood
New Member + Agent - Clarksville, TN + Southern KY
18 December 2024 | 2 replies
I also have two buy-and-hold rental properties and am passionate about exploring unique financing opportunities.Recently, I used a VA loan assumption to purchase an investment property at a 3.3% interest rate, which was instantly cash flow positive.
David Martoyan
Saving the day with creative deals in any market
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.