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19 January 2025 | 9 replies
Those remote flips and high cash flow rentals are so tempting on paper, but they rarely go well in reality.
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19 February 2025 | 88 replies
We still manage but we can, and at times do it all remotely, all while having a mortgage on ALL of the properties.
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9 January 2025 | 16 replies
We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.
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19 January 2025 | 9 replies
I was definitely on the fence about this one for a little while before making the purchase, but there were a number of attractive features that ultimately led me to move forward with the purchase.
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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.
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11 January 2025 | 2 replies
Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).
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7 January 2025 | 3 replies
If the software is not simplifying your life or making you more accurate, you shouldn't use it.Software does have extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.
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7 January 2025 | 3 replies
We track multiple disregarded entities using the location feature and multiple properties using the customer feature (units can be tracked as sub-customers).
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10 January 2025 | 2 replies
We still find buyers (and renters) that like open to a degree but want / need the office space for remote or hybrid work arrangements.When dealing with a market that does not have huge spreads on properties, one needs to define what is really important versus what is nice to have and see if the math works.
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17 January 2025 | 35 replies
They even integrated a D4D feature, so overall they have DealMachine beat.