Walker Hinshaw
Approached by a PM to turn my SFH into a Sober Living Rental: Any experiences?
8 November 2024 | 31 replies
Once they hit their "number" they usually find they aren't happy without building something and generally wind up back in the entrepreneur journey!
Joshua Houchins
Accounting Software?
31 October 2024 | 14 replies
That's the key component that is usually missing when I hear other entrepreneurs/investors say they don't like QBO.Something else to keep in mind is your entity structure and how your entities file tax returns.
William Coet
Why Does the Big-Money Invest In Landlord Unfriendly Cities?
30 October 2024 | 35 replies
It goes deeper than that.NYC Liberal policies, including strong tenant protections, increases the risk of failure so much that the risk far outweighs the rewards.Financial ruin is just around the corner for the small Mom and Pop Property Investor that it doesn't make sense for them.The Tenants will have free Attorneys that are bent on delaying eviction cases so long that it stretches into years while Mom and Pop suffer from lack of rental income and still have to pay all the bills and do the management.Additionally, the increase in homeless living rough in the streets due to Sanctuary laws causing a lack of shelter beds, then evicting shelter residents after 30 days creating more homelessness, policies that tie up the Police's ability to arrest perpetrators, etc. only causes Mom and Pop to sell out at large discounts to larger Landlords who are capable to use Economies of Scale to eek out a profit.These larger Landlords will eventually turn a much higher profit as the pendulum will eventually swing towards the middle when the NYC Voting population eventually realizes that it's not a conspiracy of the Rich that's causing the Wealth Gap to increase.It's the same liberal laws that encourage people to become lifelong tenants, small Entrepreneurs (including Property Owners and small Mom and Pop Businesses) to be destroyed, and Rents to rise astronomically as housing becomes scarer even when the population declines by as much as 7% in the last several years.
Jason Caldeira
Hello BiggerPockets! New PRO here
22 October 2024 | 1 reply
Outside of real estate, I'm an entrepreneur and 3D Landscape Design or Outdoor Living Luxury Expert.
Jason Kahan
Structuring a Partnership for 1031 Exchange
23 October 2024 | 4 replies
I think you've reached a point that is common with entrepreneurs of any industry.
Sanil Subhash Chandra Bose
Credit Unions and Local Bank for SMBs near King of Prussia, PA
21 October 2024 | 5 replies
Does anyone have any recommendations for credit unions or local banks that are entrepreneur-focused and SMB-friendly near King of Prussia or Montgomery County, PA?
Jack Hritsko
Real Estate Sales llc - Flip Cheap Houses
23 October 2024 | 10 replies
I knew from a young age I wanted to be an entrepreneur, coming from a family of business owners.
Fabricio James
Key Opportunities in the United States for Investing in Luxury Properties
15 October 2024 | 1 reply
Tech entrepreneurs and high-profile professionals are transforming the state into a new haven for luxury living.Austin: Known as the "Silicon Valley of Texas," Austin has seen an impressive increase in demand for luxury properties, largely driven by the arrival of tech giants like Tesla and Oracle.
Patrick Belanger
Hello from Edmonton, Alberta
15 October 2024 | 1 reply
Hello BP Community,My name is Patrick Belanger, and my wife and I (both engineers turned entrepreneurs) havebeen investing in Edmonton and the surrounding communities since 2013, buildinga 32 unit local portfolio of single family homes, duplexes, garage suites, andsmall new-build multifamily (6 and 8 unit properties).