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1 September 2024 | 6 replies
I looked in the forum and there were some old posts about contractor referrals but most of them were 5+ years old and I wasn't able to find half of the names mentioned by googling.
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28 August 2024 | 22 replies
Given the complexity and potential tax-saving opportunities in real estate, it's wise to consider hiring a CPA with expertise in this field.Many clients who work with non-specialists find that their non-real estate preparers lack the specific knowledge to help them minimize taxes through strategies like depreciation, the de minimis safe harbor, partial asset dispositions, 1031 exchanges, navigating real estate professional status, the short-term rental loophole, and more.If you are looking to qualify as a real estate professional, use the short-term rental strategy, or complete a 1031 exchange, I would without a doubt recommend working with a real estate CPA.
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31 August 2024 | 17 replies
They might be a great resource to find a tenant. other ideas: apartments.com, zillow, avail.co, local newspapers, tell everyone you talk to in person that you're renting rooms.
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1 September 2024 | 8 replies
I forget the address, but I would love to find something like that again.
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30 August 2024 | 8 replies
However, it's crucial to verify with the specific lender, as policies can vary.Regarding recording a lien, if the lien is recorded, it formalizes the debt and provides legal protection for the lender, which might be required by your private lender.
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31 August 2024 | 6 replies
Both of these groups tend to want more business and so are not terribly hard to find.Contractors are hyper local, and typically, as a flipper, once I find some good ones, I don't share them with others because I don't want them to be too busy for my projects.
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28 August 2024 | 2 replies
Hi Caleb,From our experience, when flipping properties the most efficient ways to spend your money are the following:Focus on kitchens and bathrooms, as these areas consistently provide the most value for your investment.
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1 September 2024 | 5 replies
You need to find an attorney to draft the condo docs, but of course you have to check zoning requirements to make sure the cpr as you envision is even possible.
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27 August 2024 | 3 replies
I am Learning Autocad and Chief Architect and would love to get my hands on Building plans for single family and multifamily for study purposes. Can anyhelp on Biggerpockets help or get me pointed in a better direction?
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29 August 2024 | 2 replies
An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provide support for the property tax appeals process.