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14 January 2025 | 1 reply
I just had tenants move out of my investment property (duplex) without paying for the last month's rent, and the damage they inflicted onto the property exceeds their security deposit amount. Security deposit will tak...
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16 February 2025 | 24 replies
Like everything else, you have to find the deal that makes financial sense.
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22 February 2025 | 11 replies
You can also use the BP Tax & Financial Services Finder.. some good options on there!
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28 January 2025 | 10 replies
It's awesome that you're taking action.
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5 February 2025 | 5 replies
The only other question I would suggest is that you do engage a property management company to review your quad and review your monthly financials.
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3 February 2025 | 1 reply
.⚠️ Beware of these red flags:🚨 Bad partners who don’t communicate or operate ethically🚨 Financial arrangements that don’t make sense🚨 Risk levels that are too high for the returnIf ANY of these ingredients are bad, walk away—even if the deal looks profitable on paper.🚀 Lesson: Part of a good deal is better than 100% of no deal, but 0% of a bad deal is better than any piece of a bad deal.Final ThoughtsToo many investors make the mistake of wanting 100% ownership and control—but they forget that it’s better to own part of a great deal than to own nothing at all.🏡 Real estate is a team sport—and the investors who understand this scale faster, learn more, and build more wealth.Discussion Questions for You:1️⃣ Have you ever walked away from a deal because you wanted 100% ownership?
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24 January 2025 | 1 reply
Private equity firms seem to favor larger operations with scalable systems, while smaller mom-and-pop firms are often acquired by local players or regional operators looking to expand their footprint.If you’re looking for actionable intel, reaching out to brokers specializing in the sale of PM firms could provide useful leads.
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31 January 2025 | 5 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
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31 January 2025 | 11 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 specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.
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28 January 2025 | 8 replies
Hey @Jay Fayz, I like that you want to take action on getting started!