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7 February 2025 | 6 replies
We have built a very similar business here in Austin.
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27 January 2025 | 10 replies
Two are for businesses, one for commercial property, one for residential property.
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8 February 2025 | 3 replies
As you progress your bookkeeping business, you'll likely want to learn how to export statements from a variety of property management platforms, as investor books are housed in bank accounts, spreadsheets, and a variety of property management and accounting software!
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27 January 2025 | 7 replies
.#2 MINDSET: Just like some people will NEVER become real estate investors regardless of time, money, related profession, - MOST people will never become real estate investors.
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7 February 2025 | 4 replies
It wasn’t an easy path—in 2014, I even filed for bankruptcy while trying to launch a business.
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5 February 2025 | 1 reply
Your new place should turn into your new business location as well.
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30 January 2025 | 6 replies
I started a property management company in 2017 and am now managing almost 800 doors and 6 construction crews.If I could do it all over again, I would have spent a little more time setting up business systems prior to jumping in.
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9 February 2025 | 3 replies
@Ross DerouenBigger Pockets is a great place to find an accountant specializing in real estate taxation.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 specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.
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5 February 2025 | 16 replies
For an SBA hotel loan, the SBA may guarantee say 30% of the loan and a traditional bank takes the next 50%...total LTV/LTC of 80%...will vary by business but it's higher/better than the previous replies (otherwise, you would just get a traditional commercial loan without the SBA involved).
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5 February 2025 | 0 replies
As small businesses, securing funding can be a real challenge.