Travis Boyd
Should I wait to form my LLC until after my first purchase
14 December 2024 | 6 replies
@Travis BoydConsult a CPA or attorney specializing in real estate investment before forming an LLC.
James Wise
New BiggerPockets feature; Cross Sell..... What is it?
11 December 2024 | 25 replies
I'll cross sell your face bruhhhhhhhh I think it's something special put together just for you.
Alyssa Dinson
What has been your experience with out of state investing?
16 January 2025 | 78 replies
With the right PM (I always recommend connecting with multiple who specialize in the types of properties you're buying), they should be able to help you stabilize the property and hopefully keep the tenants for multiple years.
Mike Sfera
New to REI; looking to learn and connect
13 December 2024 | 9 replies
Quote from @Mike Sfera: @Blake Clothier are management companies turnkey providers or is that a company that specializes in those services?
Kayla M.
Looking for Guidance and Help to Get Out of a Baltimore Property
2 January 2025 | 53 replies
There are PMs and Agents/Realtors that specialize in the rougher parts of the city.
Maynhia Stott
state that offer OTC tax liens and deed
18 December 2024 | 20 replies
I started the tax lien foreclosure and the owner redeemed with about 2 weeks to go.You have to look at each county individually to see;Do they sell OTC liens/certificatesIf they do sell OTC, do they sell OTC all year long or only in a special OTC auctionIn Florida, counties that offer OTC certificates, you can earn the full annual 18% (1.5% per month).
Cassandra Devine
Evicting rent stabilised tenants to convert an SRO to a primary residence?
18 December 2024 | 4 replies
There are attorneys who specialize in this area of law in NYC.
Angelo Llamas
Tax breaks for a rental breaking even
19 December 2024 | 12 replies
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.
Rae Chris
Advise on first flip, loans, contractors
18 December 2024 | 7 replies
Using your first property as collateral could help reduce the cash you need upfront, but it’s essential to weigh the risks and it's not really recommended specially if this will be your first.I recommend focusing on building reserves or seeking partnerships to fund flips.
Hussain Harun
Switching FROM Quickbooks to other accounting sofwares (Xero, Freshbooks)
15 December 2024 | 25 replies
Stessa is a great option, but Baselane is my current personal favorite, partly because it doesn't require that you use a special bank account for rent collection like Stessa does.