![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3107040/small_1724559206-avatar-gabriellap12.jpg?twic=v1/output=image&v=2)
3 January 2025 | 7 replies
If the signs point to selling, consult your CPA about the tax implications.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2925969/small_1705857624-avatar-gregs550.jpg?twic=v1/output=image&v=2)
30 December 2024 | 6 replies
For consulting with a CPA.As mentioned above you can simply take monthly distributions, but what is most important is how you are set up.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3156257/small_1733967270-avatar-coreyd168.jpg?twic=v1/output=image&v=2)
31 December 2024 | 5 replies
Prioritize properties with strong rental potential and set aside reserves to handle unexpected costs.Finally, familiarize yourself with tenant laws in your target market, especially in Portland, and consult a real estate-savvy CPA for tax efficiency and legal considerations.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/37034/small_1621370217-avatar-dkonipol.jpg?twic=v1/output=image&v=2)
4 January 2025 | 14 replies
But the answer for everyone may differ.Here are the personal attributes I see in those able to achieve a higher than market ROI, enough higher to be able to “scale”.1- Knowledge of real estate principles, real estate law and real estate finance2- Minimum 3 -5 years full time, or near full time experience directly related to real estate investing3- Ability to utilize technology for increased efficiency, capacity, and accuracy4- Excellent hired legal counsel and excellent hired marketing help5- Established method(s) of obtaining consistently high QUALITY deal flow6- Ability to manage and choose people who are NOT employees: Attorneys, Appraisers, Mortgage Brokers, Real Estate Brokers, Title Companies, Surveyors, Marketing Specialists, Accountants, Contractors, Consultants, Property Managers7- A VERIFIABLE track record of success8- Ability to identify, analyze, and negotiate a deal that can be “worked” for “enhanced” ROI9- Some type of competitive advantage; for example for me it’s my ability to analyze and identify mortgage loans that are actually less risky than all other lenders believe (on the investing in debt side), and on the real property side it’s my ability to analyze”pull the trigger” with LESS information than other investors need, combined with the ability to pay cash, or raise significant capital almost instantly as well as being able to obtain loans at the lowest prime customer bank rate with no recourse or personal liability.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/819742/small_1626819106-avatar-katiemiller.jpg?twic=v1/output=image&v=2)
31 January 2025 | 121 replies
She needs someone who can think outside the box and won't be looking for opportunity to sell her on something for their own financial gain and are willing to provide a free preliminary consultation.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1833797/small_1621515963-avatar-robertf384.jpg?twic=v1/output=image&v=2)
29 December 2024 | 9 replies
I've learned a ton about syndications, partnerships, funding for construction, the development process and so much more about managing consultants than I will ever care to admit.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2511974/small_1659494782-avatar-mikeb948.jpg?twic=v1/output=image&v=2)
14 January 2025 | 39 replies
I've know him personally for years, had the opportunity to consult with him on both sides of the business and have to say he's the real deal.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3090990/small_1722562836-avatar-garryl15.jpg?twic=v1/output=image&v=2)
11 January 2025 | 12 replies
First, think about asset protection and consider whether holding your property in an LLC or similar entity might provide liability advantages—consulting a real estate attorney can clarify your options.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2839306/small_1694993374-avatar-carlr108.jpg?twic=v1/output=image&v=2)
29 December 2024 | 14 replies
After assessor comes out and consults with insurance company, they'll send demo guys out to come do demo work and remove wet drywall, insulation, etc. they'll usually put down dehumidifiers and let the place air out a bit to see what actually needs replacing and what was able to dry out.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/112013/small_1621417502-avatar-rayt.jpg?twic=v1/output=image&v=2)
19 December 2024 | 1 reply
What is the best overall water metering company you have found when it comes to ease of installation, reliability, and the cost of the equipment and monitoring?