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4 January 2025 | 67 replies
I'm curious about the financials, which I'm sure you will get to.
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24 December 2024 | 14 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.I would also recommend looking for a accountant willing to work with you throughout the year.
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26 December 2024 | 7 replies
These areas tend to attract more reliable, long-term tenants who are usually more financially stable and take better care of the property.
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10 January 2025 | 28 replies
@Robert BishopTo prepare for your first real estate investment, build a strong financial foundation with a credit score of 700+ and an emergency fund.
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2 January 2025 | 36 replies
@Denise Lang some copy & paste thoughts:TYPES OF RENTAL INVESTMENTSRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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28 December 2024 | 11 replies
Also, consider this copy & paste advice below:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
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24 December 2024 | 2 replies
Our established process provided the financial backing to secure the property, enabling Debra to focus on the resale strategy.
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23 December 2024 | 10 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
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12 January 2025 | 25 replies
--------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2018216/small_1694562627-avatar-derekc176.jpg?twic=v1/output=image&v=2)
28 December 2024 | 13 replies
They appear to have run into liquidity and cash flow issues currently and worst of all have gone dark and not shared any of the requested financial information.