Darlene S.
Avantstay pros cons for an owner? Short Term Rental
24 January 2025 | 36 replies
While we were onboarding the property to the system and trying to figure out the automated sprinklers, he was out there every day watering the lawn by hand, stopping the buck and taking personal responsibility.
Shawn Questa
Creative Ideas to Help Distressed Seller and make a Deal Work
23 January 2025 | 3 replies
Quote from @Shawn Questa: Hi all,I am curious what some of the Pros would do to Help a Seller in this situation while making a Deal happen.I found a 200+ day old MLS Listing where the Agent said the Seller is in Financial Ruin, hasn't Paid the Mortgage in a year, owes about 180k on an approx. 210k House and multiple Buyers have backed out.I don't know how someone could not Pay their Note in a year and not at least be in Pre-foreclosure.
Paul Whitehurst
Bank is declining my HELOC - HELP!
18 January 2025 | 9 replies
I understand this is a good way to become financially secure over time and am eager to start.
John Lasher
How did you get into multifamily?
26 January 2025 | 17 replies
If you have a chunk of money to get going I'd personally buy the biggest thing you can if you don't I think house hacking into a 4 plex is great.
Brice Alef-Torrisi
Managing finances between multiple properties
14 January 2025 | 7 replies
Clear financial separation ensures all rental expenses are deductible, maintains legal protections, and simplifies tax compliance.This post does not create a CPA-Client relationship.
Dustin Wheeler
New member exploring real estate
23 January 2025 | 11 replies
I encourage you to define your financial goals, as real estate presents numerous possibilities.Building a strong foundation of knowledge and connections can significantly impact your success in real estate investing.
Phillip Austin
TREND - PM companies offering financial assistance for security deposit down payments
27 December 2024 | 8 replies
As a professional property manager, I'm coming across an interesting trend related to institutions providing financial assistance for tenants who have trouble paying their security deposit and I would love to hear feedback from the BP community.Large PM companies have begun partnering with financial institutions, such as Rhino Insurance, to help tenants who struggle with paying their security deposit.
Eli Jerman
Taxes for 2024 - First rental property purchases in August 2024
27 January 2025 | 9 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.
Katie Miller
If you use a CPA or Tax Professional, how did you find him or her?
19 January 2025 | 119 replies
It should be from someone who uses that person.
Jorge Borges
Has anyone worked with Tardus Wealth Strategies?
15 January 2025 | 144 replies
I used a personal line of credit of $8k to invest.