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Results (10,000+)
David V. IRS Form 8824 Review
25 September 2024 | 4 replies
Most cases it would take more time to review these than actually doing it ourselves especially if we are being thorough.
Desstani R. 150,000 to start investing and don’t know where to begin!
27 September 2024 | 13 replies
Make sure to inspect all the major systems thoroughly (HVAC, plumbing, foundations, roof, electrical) and make sure you know what they look like today.
Serena Cheung Has anyone used BNBCalc?
23 September 2024 | 9 replies
We built BNB Calc because our team is STR investors ourselves, and the tools out there lacked these other features needed for thorough due diligence. 
Antonio Harmon How to Develop the Best Strategy for Real Estate Investing?
23 September 2024 | 6 replies
Key Principles:Mindset and Goals:Think Long-Term: Real estate is a long term play in most cases Set Clear Goals: Define your financial goals and how real estate fits into your overall plan.Finding the Right Property:Location, Location, Location: Invest in areas with strong economic fundamentals, good schools, and low crime rates.Cash Flow is King: Look for properties that generate positive cash flow (rental income exceeds expenses).Consider Appreciation: While cash flow is primary, also consider properties in areas with potential for long-term appreciation.Financing:Get Pre-Approved: Get pre-approved for a mortgage before you start looking at properties.Leverage Wisely: Use leverage (debt) to your advantage, but don't overextend yourself.Consider Creative Financing: Explore options like seller financing or partnerships.Building Your Team:Real Estate Agent: Find an experienced agent who specializes in investment properties.Property Manager: Consider hiring a property manager to handle day-to-day operations.Accountant: An accountant can help you with tax planning and financial management.Attorney: Consult an attorney for legal advice and contract reviews.Managing Your Investment:Maintain the Property: Keep your property in good condition to attract and retain quality tenants.Screen Tenants Carefully: Conduct thorough background checks on potential tenants.Review Your Finances Regularly: Track your income and expenses and make adjustments as needed.Example Action Steps:Set Your Goals: Define your financial goals and how real estate will help you achieve them.Educate Yourself: Read books and articles about real estate investing.
Chris Heinmiller Thought on PropertyOnion.com?
23 September 2024 | 16 replies
One of the most useful features on the website is the title search feature, but for $50/ search, I worry about the accuracy/ thoroughness of the searches (yes, I know I can do title searches myself- I'll post about that in a different forum). 
Adi Prasad Seller Financing Advice
24 September 2024 | 8 replies
I would also recommend ensuring you have a title company do thorough title due diligence and get title insurance. 
Julio Gonzalez Tax Professionals and Taxpayers - Beware of Scammers
23 September 2024 | 3 replies
Thoroughly Review All New Client Requests: If you receive an unsolicited email from a potential new client that is asking for sensitive information or is making an urgent request, be wary.
Zack Korenstein Who has moved forward with Royal Legal Solutions?
27 September 2024 | 44 replies
While the protection is valuable the cost is very high.The initial process is very smooth and thorough.
Becca Pariser Baseline or Relay for banking?
24 September 2024 | 14 replies
Research Thoroughly: Before entrusting your finances to any fintech app, take the time to research its regulatory status, security measures, and any potential affiliations with licensed banks.