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Results (10,000+)
Nida Kazmi Mid South Turnkey Homes. Should I invest with this Memphis turnkey?
10 February 2025 | 36 replies
I am assuming by your post that you are financially invested and own the property. 
Michael Fucillo Feedback on Rentvine
10 February 2025 | 23 replies
Then came investor financial data, I wanted at least a few years in there, I got a totally different-identical answer:"another one of our customers just imported his on his own with our API."
Ricardo Garcia Truebooks CPA - Feedback
9 January 2025 | 46 replies
There was an onboarding phase, which was mostly about uploading our financial docs and answering questions.
Stephen Tawiah Funding For First Real Estate Deal
2 January 2025 | 9 replies
It's a townhouse in Ohio, and as per the estimated financials, I could be looking at $400 per month in cashflow.Problem is...
Alec Barnes How Do You Ensure Quality Tenants?
9 January 2025 | 12 replies
It’s astounding how many fake documents are circulating today—you can find everything from fake references and stolen Social Security numbers to falsified income documents.To combat this, we rely on tools like Plaid, Verifast, and Snappt, which are excellent for verifying financial information and detecting fraudulent activity.
Julie Muse Team Effort Pays Off: Stunning 14th St Flip Success in Fond du Lac!
3 January 2025 | 1 reply
Partner Driven provided the full financial backing for the purchase and renovations, totaling $113,500.
Robert Quiroz Why are a lot of MFH being sold with rents under market
13 January 2025 | 30 replies
Let's assume that the neighborhood is a C class and the median income of the city is greater than 3X of the market rent.Here are some of the considerations I've come up with so far:- Units are in need of renovation and capex is too high or not available- Unit quality is not the same as market - Seller is worried about losing tenants due to increase- Vacancy rates are high or filling units have been difficult- Rent increase would take multiple increases over multiple lease periods to get to market rate if seller is trying to retain the same tenant- Seller inherited property and just want to liquidate- Seller needs to liquidate quickly (financial burden, sickness, quick exit from land-lording)It seems like I might be missing a warning sign about a deal if they are selling with current rents that are under market; but again, this seems to be most of the properties I've underwritten.And in the same vein, what should I be worried about when purchasing a deal with under market rent with the intention of raising them after purchase. 
Steven Hsu CPA in Dallas, TX
3 January 2025 | 5 replies
@Steven HsuBigger Pockets is a great place to find a real estate tax accountant.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.
Chris Burton FTHB - Buy & Hold
7 January 2025 | 1 reply
If a tenant (friend) needed to move, I wouldn’t want to be in a bad situation financially.
Nicole Graziano Tax's: negative income made on flips
3 January 2025 | 4 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.