
20 August 2024 | 4 replies
@Sean SpagnolaRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

19 August 2024 | 244 replies
The people who enter the forums just want to learn with nothing to give at this moment except the willingness to learn first.

20 August 2024 | 5 replies
@James Carlson Agreed with your most of your points here - and personally, I'm okay with the idea that if you want to put an ADU on your property that you have to live in it first.

19 August 2024 | 22 replies
@Jason Bott Could you send me over the contact information from the person you know?
20 August 2024 | 1 reply
Here to meet others, network and learn about real estate investing and gaining that financial freedom.
21 August 2024 | 2 replies
However, it adds complexity with more paperwork and potential self-employment taxes on all the income.Doing it as an individual is simpler, with everything going on your personal tax return, and you might benefit from the home sale exclusion if you end up living in the property for a few years.

21 August 2024 | 9 replies
Personally, we are on pace to sell more properties this year than the number of acquisitions for the first time since I started doing REI in 2017.

20 August 2024 | 9 replies
The fact of the matter is that no one's situation is really the same, so each person's ideal setup differs.

21 August 2024 | 7 replies
Do not put rental properties in an S Corp.Generally, you should have an S Corp for flips, property management operations, commissions and any other activities that generate ordinary income.Passive investments should be held in pass-through entities like partnerships.I'm not an accountant, but I have clients and personally had to pay taxes to move long-term holds out of S Corps just to change title (e.g. for refinancing).

20 August 2024 | 5 replies
I would love to share what I've learned and some insights with Edmonton/Alberta market.