![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1077765/small_1696556736-avatar-haleyb10.jpg?twic=v1/output=image&v=2)
9 July 2018 | 9 replies
After you get a general base of knowledge, I would pick your first goal you want to accomplish and focus on how you can achieve this.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1071128/small_1694752433-avatar-alfredom13.jpg?twic=v1/output=image&v=2)
2 July 2018 | 2 replies
Also if you run other businesses, a different structure might be more helpful.Currently, seeing that the corporate tax rate was lowered significantly, depending on how much profit you want to reinvest in the business, an actual corporation may have some benefits as well.I'll say that generally an S-Corp would be the way to go, but there may be situations that make a corporation tempting.Be sure to work with a CPA that knows your specific situation.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1004407/small_1621605717-avatar-samuelr59.jpg?twic=v1/output=image&v=2)
5 July 2018 | 5 replies
Brief overview of how I've arrived at some of the numbers: - Comps in the area for the ARV- Estimated rental rates based on local similar properties (this place is currently vacant)-Estimating the repairs on the home in a general sense: 30k per side (still need to learn more on repair costs)Am I doing something wrong here?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1084202/small_1695516407-avatar-richardk100.jpg?twic=v1/output=image&v=2)
4 July 2018 | 11 replies
In general, I would stay away from the North City area (63113, 63106, 63107, 63115, 63102, 63147).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1080988/small_1621508562-avatar-donv16.jpg?twic=v1/output=image&v=2)
10 July 2018 | 20 replies
General question - Do you take into account of the amount and size of businesses close by to your potential property rental investment?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/458599/small_1621477576-avatar-laner3.jpg?twic=v1/output=image&v=2)
8 August 2018 | 30 replies
Even if you've got a Realtor you're using and don't need my services on that front, I'd like to connect with you guys as investors in the area as we can all help each other as we find and invest in properties in the same general area.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/850011/small_1621504423-avatar-jgott313.jpg?twic=v1/output=image&v=2)
2 July 2018 | 9 replies
general trading principleswhat will the business actually be doingWho puts what in?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/829773/small_1621500107-avatar-davezarcone.jpg?twic=v1/output=image&v=2)
6 July 2018 | 5 replies
General Question from a REI Rookie: Is a carport or a garage required in a duplex?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1086205/small_1696717969-avatar-rebeccas83.jpg?twic=v1/output=image&v=2)
2 July 2018 | 3 replies
As a general rule, don't ask Accountants legal questions and don't ask your lawyer tax questions.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1067331/small_1621508357-avatar-mikec376.jpg?twic=v1/output=image&v=2)
5 July 2018 | 6 replies
Hi group- I've been using a good general accountant for my taxes (personal and RE LLC) for the last few years, but she doesn't seem well versed in Real Estate.I own 2 single family homes in Lexington, and am now buying a vacation rental in FL.