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16 January 2025 | 7 replies
Top 3 reasons owners hire PMCs:1) No time to manage correctly2) No time to learn how to manage correcly: laws, documents, processes, etc.3) They're too nice and need someone to "save them from themselves"A good PMC can usually earn their fees by better managing the property/tenant than the owner, thereby:1) Increasing owners net profit2) Decreasing owner's time commitment, stress, headaches, etc.No matter what though, you should always plan to commit a couple of hours a month to manage your PMC.
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7 January 2025 | 0 replies
As a one-stop shop for mortgage, real estate, and property management, we save our clients money while streamlining the process.
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19 December 2024 | 5 replies
Quote from @Scott Tennell: For real estate investors who have worked with private money lenders, what strategies have you found most effective in structuring deals to ensure both parties are protected and the funding process runs smoothly?
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23 January 2025 | 10 replies
More doors means less vacancies and it might motivate you to save up and buy a new SFR when you are ready to settle down.
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30 December 2024 | 24 replies
This allows us to save time for you as a resident and save money for the owner of the property.
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6 February 2025 | 38 replies
It actually saves me $9 per month.
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7 January 2025 | 16 replies
Another reason to not like a PM is that there is no incentive for them to save you money.
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14 January 2025 | 21 replies
Bigger Pockets is a great place to find a real estate tax accountant.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.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
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3 February 2025 | 31 replies
I also invest in other assets such as stocks, and private companies as well.
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22 January 2025 | 12 replies
If you're looking to scale it could be worth while to sell and re-distribute that equity with the help of some save leverage.