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.
Robert Pierce
Orlando PM Fee's
17 December 2024 | 7 replies
Purchasing a new primary and turning my current house into a rental and looking to hire a PM but some of the fee's seem high. 1 quote - 100% 1st/month rent if i self-manager, or 75% 1st/mo rent and 10%/mo for PM to manage.Again, im new to this but from reading and talking to people there is a typical finders fee ~1000$ and 10%/mo rent if the PM manages.
Kiley Costa
Pay Off STR or Invest in Another Property?
11 January 2025 | 9 replies
Next, I tend to recommend that clients stay away from inflated HOA fees.
Desiree Rejeili
What To Save for When Buying a Home
9 January 2025 | 0 replies
An article from The Mortgage Reports explains:“The amount you need to put down will depend on a variety of factors, including the loan type and your financial goals.
Chrissy Smyth
Rental in depresses area and minimum requirements
8 January 2025 | 3 replies
Of course they are going to have bad credit or they would be looking in a better area.Another thing you may want to consider to drive more applications is to not charge the application fee.
Brice Alef-Torrisi
Managing finances between multiple properties
13 January 2025 | 5 replies
Separate accounts per property incurs a lot of overhead, such as minimum balances or fees for missing the minimum.I use separate accounts for each tenant's security deposits.
Chris C.
Anyone have experience with Elite Funding Group LLC
10 January 2025 | 16 replies
if they are pressuring you like this.PLEASE watch the American Greed Episode on Remmington Financial .not saying these guys wont or don't fund of course.. but when I do my deals with my banks its common that I pay for the phase one and the appraiser directly..
Daniel Borgenicht
Condo as LTR investment for out of state owner
9 January 2025 | 3 replies
The main downside is being dependent on the HOA—issues like poor management, rising fees, or unexpected assessments can hurt your investment.
Matt Miller
What Systems Are Brokers Using to Run Their Business? (CRM, LOS, Marketing, etc.)
13 January 2025 | 3 replies
Can easily get fee worksheets and run credit/DU 3.