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6 May 2024 | 6 replies
I would love to connect with you and bounce ideas off of each other if you are open to it.
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5 May 2024 | 15 replies
Take ownership of your mistake and learn to do the proper due diligence recommended aboveđ
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5 May 2024 | 4 replies
But yes, you should have a CPA, and the one smart enough to properly prepare your taxes over the years should have an easy handle on this too.
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6 May 2024 | 5 replies
Feel free to reach out to connect or jump on a call.
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6 May 2024 | 10 replies
I would connect with a local realtor to get some opinionsÂ
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7 May 2024 | 12 replies
As far as good/bad neighborhoods I would connect with someone in the area who knows it better than I.
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6 May 2024 | 19 replies
I'm starting to build my network in the US, so feel free to connect, I'd be more than happy to chat!Â
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6 May 2024 | 7 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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6 May 2024 | 1 reply
It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginnerâs Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best
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7 May 2024 | 16 replies
or just find an accountant/bookkeeper here in BP which probably makes more sense since it is like-minded people connecting.