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17 November 2024 | 16 replies
The 6th, 7th and 8th highest page views per listed properties were in Macon (out of 113 hospital systems in GA, counting ones with missing data).
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18 November 2024 | 15 replies
@Joshua Thompson already linked the long post that I wrote to answer your question:https://www.biggerpockets.com/forums/51/topics/1215989-expla...Based on your subsequent comments, you missed the point of my post: it DOES NOT matter whether your accountant holds a CPA or an EA designation (or neither of those two).
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14 November 2024 | 8 replies
There are other free services out there as well.If you only have a couple units and that is all you want and you never plan to hand off property management then you can probably just collect checks and have tenants text you.Personally I don’t like tenants texting me issues, they are too easily missed or forgotten about.
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13 November 2024 | 24 replies
I haven't heard from an actual owner of a Padsplit (reviews from tenants are hit or miss).
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13 November 2024 | 7 replies
Quote from @Lauren Powell: Anyone investing in Boise starting 2024 and seeing cashflow, or did I miss the window?
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13 November 2024 | 0 replies
I recommend that you learn the tax code and take ownership over your strategy.Not having some foundational knowledge and an opinion on how to approach taxes as a business owner is a huge mistake.In my experience, every single business owner who says "I just let my CPA worry about it and I focus on my business" is doing a suboptimal job at tax planning.They are likely missing out on 10s or hundreds of thousands in saved dollars every year.Stop making excuses and get to work.Just a few months of part-time learning about taxes will pay you for the rest of your career.
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13 November 2024 | 23 replies
We are tending to be more conservative there to protect ourselves from any big misses.
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14 November 2024 | 3 replies
I personally like working with a broker because I know they are helping to vet the insurer and making sure that I am not missing key pieces of coverage.That said, from my understanding of the insurance markets basically different insurers like to spread their risk out across geography and asset class.
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15 November 2024 | 8 replies
The key piece of information missing here is what your rents, monthly P&I payments are and what you are actually cash flowing?