![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3088894/small_1722365942-avatar-reneh34.jpg?twic=v1/output=image&v=2)
4 December 2024 | 30 replies
I'm genuinely asking to understand the use case for my self for an individual investor.Re. balance, as someone who is a former CPA and has prepared financial statements for multi-billion $ funds, I understand the important of a balance sheet.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3153093/small_1733281021-avatar-shawnn65.jpg?twic=v1/output=image&v=2)
7 December 2024 | 5 replies
Also, Investors need to be prepared for and understand if there are additional costs that come with foreclosures, such as water bills, and potential fines for property upkeep.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/331176/small_1714661036-avatar-loso.jpg?twic=v1/output=image&v=2)
5 December 2024 | 6 replies
The trust preparer suggested we put our rental properties into the trust as they are currently owned personally.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/574631/small_1732650038-avatar-eppersonsam.jpg?twic=v1/output=image&v=2)
6 December 2024 | 3 replies
A smart seller will have note, deed of trust/mortgage/etc. prepared by a local real estate attorney (yes, he/she may work with/at the title company) and be sure the security instrument is properly recorded in the land records.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2885087/small_1701273993-avatar-jeffh633.jpg?twic=v1/output=image&v=2)
17 December 2024 | 86 replies
Eliminate all your bad debt first, prepare your savings even deeper and put it on a downpayment for a single family house if you do not have one.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2502490/small_1723031833-avatar-robbys18.jpg?twic=v1/output=image&v=2)
6 December 2024 | 6 replies
Ask your property manager to prepare a staffing plan which would show how they would staff the property and what the salaries would be.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1005595/small_1621507268-avatar-jimh140.jpg?twic=v1/output=image&v=2)
3 December 2024 | 1 reply
📅In this session, we'll cover everything you need to know about preparing your retirement accounts for 2025, including:✅ Contribution Limits✅ Fair Market Valuations (FMVs)✅ Required Minimum Distributions (RMDs)✅ Key Deadlines to RememberMake sure your IRA is in top shape for the new year!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/9011/small_1621348727-avatar-jgonzalez.jpg?twic=v1/output=image&v=2)
4 December 2024 | 0 replies
Real estate investors often find themselves working with many providers between insurance, financing, property management, tax preparation and strategies, etc.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/574631/small_1732650038-avatar-eppersonsam.jpg?twic=v1/output=image&v=2)
7 December 2024 | 8 replies
Run your comps and be prepared to adjust a suggested price based on condition, layout, and other factors.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1443833/small_1621512362-avatar-bridgerl2.jpg?twic=v1/output=image&v=2)
15 December 2024 | 59 replies
You can definitely do this in Phoenix, but be prepared to be hands on.