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29 January 2025 | 6 replies
Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.
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4 February 2025 | 38 replies
Not sure which markets you're considering, but if you set your sights on the coast I can help with local lenders, attorneys, tax pros, etc.
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28 January 2025 | 9 replies
When I ask others at my local meet ups they just reply with "I've been doing it for a while" or "lots of practice."
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31 January 2025 | 3 replies
If you want to only do PM I'd recommend just looking on LinkedIn, or Indeed and applying for local apartment communities.
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30 January 2025 | 5 replies
You’ll likely need to look beyond the city limits (in areas that are still close enough to the city to benefit from its local economic tailwinds) if you want to find deals that pencil out.
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23 January 2025 | 7 replies
If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking5.
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22 February 2025 | 12 replies
It’s not necessary to stay local for these services as long as you have online bank statements or a solid way to get them to the bookkeeper.
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27 January 2025 | 5 replies
Have you tried contacting a local community bank?
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21 February 2025 | 6 replies
No, you cannot create phantom losses this way.Some additional issues that we have not addressed:- holding rentals inside an S-corp has many tax disadvantages- you will likely jeopardize your $250k/$500k capital gain exclusion for homesteads- you will lose asset protection afforded to personal residences by most states- you will lose your homestead exemption for local property tax - your insurance will have to change from owner-occupied to rental, i.e. go up- and there's moreConclusion: there're reasons why nobody is doing this clever "strategy" but A+ for trying.
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21 February 2025 | 14 replies
The delivery guy told the local animal control.