Samantha Benz
Should I go to BPCON?
13 January 2025 | 7 replies
I'll let others chime in on their experiences, but from a motivational perspective, I think attending live events and getting the "conference high" is something that only happens through in-person connections and being in the same room with investors who are eagerly pursuing their real estate/financial goals.
Zach Howard
New, hungry, eager to start while also patient. Large risk appetite.
10 January 2025 | 17 replies
@Zach Howard some copy & paste advice below:)-------------------------------------------------------------------------------------------------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?
Andrew Katz
What year do I count income for?
15 January 2025 | 9 replies
I would agree if we were talking about financial statements, but as I understand it, we are talking about tax basis reports.For tax purposes, one can use a modified cash basis when filing.
Matthew Morris
Dad's NC House is Slowly Rotting - Likely Need to sell As-Is!
7 January 2025 | 6 replies
It was bought in 2004 and due to financial issues, I believe ~$197k is still owed on the mortgage.
Yamil Naf
Seeking Advice: Raising $160K for a Second Short-Term Rental Investment in FL
15 January 2025 | 9 replies
Make sure to prepare a professional proposal, highlight your STR track record, and be transparent with your financial projections.
Kenny Bao
Advice on Off-Market Apartment Strategies
19 January 2025 | 7 replies
When I began direct-to-owner marketing for multifamily (12-40 units), I realized it usually takes many months and touchpoints to build rapport with most sellers where they are willing to really open up about their property and financials.
Account Closed
Paying off Rental or Primary
31 December 2024 | 8 replies
Account ClosedI recommend that have a consultation with your tax accountant and/or financial advisor on ways to reduce your taxes.
Mitchel Johnson
College Senior Getting Into Multifamily properties
30 December 2024 | 4 replies
Leverage the CPA path: Your auditing and financial background will give you an edge when scaling.
Kolby Knickerbocker
Rookie Investor; Happy to be Here
9 January 2025 | 16 replies
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.
Andrew Schaff
Hello BiggerPockets! New PRO here
14 January 2025 | 7 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.