Eran Withana
Finding a CPA for REI
29 February 2024 | 24 replies
As tax CPAs and EAs we're less than 3 weeks away from a major statutory deadline, so we're pretty busy to say the least.If the convo can wait until post 10/15 (i.e. you're looking for help for the 2018 tax year), I'm sure most on your list would be fine with a 15-30 minute phone chat in late October/early November to determine if there's a good fit.
Tom Sharon
How to determine if tenant abandoned the unit.
27 February 2024 | 13 replies
Most states allow for what are called "'Occupancy checks" Of course you should verify this and then post a Notice on the door stating something similar to the following:"PLEASE BE ADVISED THAT ON ------- 2024, THE OWNER OR THE OWNER'S AGENT WILL CONDUCT AN OCCUPANCY CHECK TO DETERMINE IF THE DWELLING IS CURRENTLY OCCUPIED OR VACANT.
Greg Moser
How do I structure my beach rental?
28 February 2024 | 4 replies
The renters will contract with and pay rent to the management company (not to us).I would like to protect the property and my personal assets from any legal risk from renters.if we use an LLC to manage that risk…1) Does our property need to be in an LLC or can it remain outside somehow2) What role is the LLC business performing (is it also considered a property management business and thus require a real estate business license in some states)?
Agustin Rossi
Lease Option Niche
28 February 2024 | 6 replies
I'm sure you've heard this before, but we're not in the real estate business as much as we're in the marketing business.
Nate Marshall
The Components Real Estate Investors Need In Their Business
26 February 2024 | 0 replies
Business and Finance Office (will split in 2 once you are ready to scale.
Andrew Bosco
Metrics when owning a hotel/motel
28 February 2024 | 4 replies
It will be a business and will be taxed as such.You will need to get with a CPA in order to quantify those differences.
Merritt Harris
Marketing a STR Management Company for Luxury Props
29 February 2024 | 7 replies
Would love to hear some strategies you have to market for new clients.To date, I have boot strapped through networking and posting Reels on the topic of STRs, which has grown my business to 11 properties under management.
Cody Banks
Business Partners Starting Our Investment Journey in the Pinellas-Hillsborough Area
26 February 2024 | 7 replies
For the past year, my business partner and I have diligently met weekly, exploring our options in real estate investment.
Brandon Kegarise
Purchase Contract Breach _ Multifamily
28 February 2024 | 0 replies
In my mind this negligent behavior from standard business practices has negatively impacted the operations of the property.
Yang Zeng
First investment (multi-home) property, close to home or in a cheaper market?
28 February 2024 | 43 replies
@Yang Zeng Welcome to the Bigger Pockets.As you can see in my profile, my business and hub is in San Diego, not far from you, but all our investments for myself and my clients are in well performing markets in the Midwest.We specially in this out-of-state- approach that really requires more than just the properties.I agree that you should keep a reserve and not spend all your funds but I could help you with 6 properties that would pay you about $5K/ month in cash flow or $60K/year based on your available funds while having about $100K reserve.I like to help you see the performance difference between our area in CA and the Midwest.