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18 November 2024 | 15 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 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.
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13 November 2024 | 4 replies
I would have saved few thousand dollars in inspection fees and appraisal fees if I had known that and I had a friend send me detailed videos.I'm not sure if this information is available in all counties but where I bought in the Indianapolis metro area, I can look up property tax records.
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14 November 2024 | 25 replies
Amount of money you spend matter (big players spend tens of thousands of dollars per month on marketing).
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13 November 2024 | 1 reply
Seems like you could very easily come out wasting thousands before even having a set plan in place.
14 November 2024 | 20 replies
The only thing in our agreement about marking up bills is that they may add a surcharge on larger projects (several thousand dollars) as a coordination fee.
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21 November 2024 | 305 replies
I am a firm believer in that there are thousands of ways to be successful in RE.Having co-signers is not without downside, though.
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12 November 2024 | 1 reply
I've found myself more focused, and have come to the realization that while, the vast world of REI and improvement podcasts is a great way to find out what is possible, it does not work well for me to help drill down and take action, especially when this is an industry that literally everything could work.I'm excited to take this new "era" to BP con and use that as another launching point going into the Q4 and Q1, and ensuring I'm saying NO more than I'm saying yes.
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15 November 2024 | 18 replies
A business is literally built for cash flow.
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13 November 2024 | 17 replies
@Jared Khanhello - I am just going to be very direct.it doesn't make sense to use expensive money to buy a random property thousands of miles away.
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16 November 2024 | 32 replies
I try not to overdo it, but I also don't want to spend 30 minutes typing it fresh when it's literally asked every. single. day.