Angel Santiago
Property Manager South Florida
14 January 2025 | 8 replies
If it wasn't for those connections, I'm not sure I'd invest remotely.
Daniel Madhavapallil
House Hacking and Tax Strategies
23 January 2025 | 11 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.
Holly Thorsen
Lending question re: HELOC/loan options
27 January 2025 | 3 replies
Quote from @Jeff Roth: Hi Holly from Georgia-You own a rental in Colorado and you are looking to purchase a new primary residence and possibly use the equity in the rental for the downpayment.You have two options I am aware of with the rental to access the equity:1.
Jacob Havlovick
Duplex House Hack
22 January 2025 | 8 replies
@Jacob HavlovickBigger 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.
Jordan Laney
PM changed the utilities too early and now we're stuck holding the bag
8 January 2025 | 38 replies
The real issue is that they didn’t have a plan to monitor usage or set up protections to minimize costs during the eviction process.Ideally, the PM could’ve done things like:Limit access to unnecessary areas to reduce power use.Install smart thermostats to keep heat at a safe minimum.Request a utility cap in court during eviction proceedings (if allowed in your area).Bottom line: It’s less about the utility switch itself and more about proactively managing costs once the tenant overstayed.bro what?
Clarase Mika
Welcome to 2025! Turn Your Housing Allowance Into an Investment Opportunity
23 January 2025 | 0 replies
Instead of paying into someone else’s property, you could be using that allowance to finance your own real estate investment.In Germany, you have access to a stable market with long-term growth potential, and U.S. service members and government civilians have unique advantages here.
Melody R.
Thoughts about the virtual CPA firm The Real Estate CPA?
16 January 2025 | 18 replies
However, once we implemented technology a few years ago, even our local clients prefer to avoid driving and switched to doing business remotely.
Michael Elliott
STR's in Kissimmee, FL
22 January 2025 | 22 replies
If I self-manage at Encore, do our guests get access to water park?
Jeanette Land
Laundromat Investing in WI
22 January 2025 | 1 reply
You need a repair partner who can get out immediately and has quick access to replacement parts (if not already in stock).
Cheng Chu
Rental Demand in Mckinney, Texas
12 January 2025 | 3 replies
McKinney is thriving, but so are other parts of North Texas, and a broader perspective could reveal other great opportunities.Here’s what I’ve observed managing a significant number of rentals in the area:Bedrooms and Layouts:3-bed, 2-bath homes consistently attract the largest pool of tenants and have the highest occupancy rates.4-bedroom homes have grown in demand, especially with the rise of remote work, as tenants look for extra space to use as a home office.Square footage is less critical than number of beds and baths.Supply and Demand:McKinney’s growth is driving demand, but the quality of the location matters greatly.