Apryl Skahill
How to get spouse on board?
28 January 2025 | 19 replies
i say that not to discourage you, but so that you have a realistic picture of what to expect.as @Travis Timmons alluded to, you need to be in a strong financial position to even think about starting to invest.
Adam M.
Cost for a Tax Specialist
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.
Joshua Keim
Excited to be here!
27 January 2025 | 12 replies
I was a SWO for 8 years, and the best thing I did to improve my financial life was real estate investing.
Tove Fox
Nevada, Ohio, Michigan, Pennsylvania Out of State Investing
20 January 2025 | 22 replies
@Tove Fox hope you find this copy & paste useful:)-------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Aja Sellers
Greetings from Germany!
26 January 2025 | 9 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
Gregory L.
Rent it or live-in flip it?
26 January 2025 | 2 replies
Or we gradually perform high-quality updates for a live-in flip, then roll the equity into a new home.Regarding rental income, we aim to boost income, lower our effective tax rate by generating more low tax-drag income with rental income (since there’s not much we can do to lower out W2 tax bills) and have retirement cash flow.To compare the financial impact over 10-20 years, we want to analyze renting versus flipping.
Kegan Scholl
Best market for first house hack to cash flow? FL, TX, AZ, UT, other?
20 January 2025 | 6 replies
Building a strong financial plan, researching markets, assembling a reliable team, and having an exit strategy are essential steps to success.Good luck!
Tyler Sweet
Cryptocurrency and Real Estate
16 January 2025 | 6 replies
The idea of ownership is changing with the emergence of web3.0 :)Just my 2 cents, not financial advice.
Eyal Goren
Is Subto legal?
14 January 2025 | 23 replies
I would think in most situations the original owner is in financial trouble, probably delinquent on their mortgage and facing foreclosure.
Sheila Steubing
REI GAME CHANGERS Reviews James Hodges
17 January 2025 | 19 replies
It is disheartening to witness a mentorship program that boasts substantial financial success, with students allegedly earning substantial monthly incomes, yet fails to ensure that their own employees receive even the minimum wage they are entitled to.