Jonathan Small
DIY or hire help for taxes?
23 January 2025 | 7 replies
A good real estate accountant can save them thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend that they find a tax accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.I would also recommend that they look for a accountant willing to work with them throughout the year, who can help them strategize and who is responsive when they want to know the consequences of the financial decisions they are making throughout the year.Good luck.
Michael Williams
Best Tenant screening/managment app
12 January 2025 | 1 reply
I like that it’s an all-in-one platform for tenant applications, rent collection, and maintenance requests, which helps keep everything organized.
Andrae S Wiggins
New Investor looking to purchase their first property
28 January 2025 | 6 replies
Here’s why Oklahoma might be a great market for you:Affordability: Properties in OKC and Tulsa are often under $200K and offer strong rent-to-price ratios.Landlord-Friendly: Simple tenant laws make managing rentals easier.Growing Economy: Job growth in energy, tech, and aerospace fuels rental demand.How to Evaluate Deals:Run the Numbers: Ensure positive cash flow, check cap rates (6–10%), and use tools like the BiggerPockets calculators.Find Deals: Network with local wholesalers or agents, and look for value-add opportunities in stable neighborhoods like Edmond (OKC) or Broken Arrow (Tulsa).Let me know if you’d like tips on analyzing properties or finding deals!
Andrew Truman Kim
West Sacramento AirBNB & Short Term Rental
19 January 2025 | 4 replies
You can Host Finacial revenue tool to get an average of the income.
Charles Chester
HELP!!
18 January 2025 | 3 replies
Quote from @Sol Romand: I would say credit monitoring Thank you for the Help!
Amir Portal
Help whit choosing a neighborhoods for BRRRR strategy
28 January 2025 | 10 replies
I could say a particular town or area, but if there aren't any, many properties for sale that doesn't help.
Kyle Hardie
New investor in Fairmont, MN
28 January 2025 | 7 replies
Finally, BP has various tools available to help you analyze your deals (rental, flips, wholesale, etc), feel free to use them: https://www.biggerpockets.com/investment-calculators Please let me know if I can help, and best of luck!
Katie Southard
Do I sell my rental property and take the cash tax free?
28 January 2025 | 1 reply
Whereas, if you are holding $1,000 cash flowing property and the markets shift, you likely still have a cash flowing property that can sustain itself, and even help supplement another property that isn't in as great of an equity position.
Alex Moazeni
Teanent stopped me from removing a storage fence
27 January 2025 | 5 replies
We drafted a short-term “use agreement” giving her a couple of months to find a new spot for her outdoor furniture and tools.