Shant Kallibjian
LLC Created But, Where To Conduct Business Banking
22 February 2024 | 4 replies
Yes, there will be limitations of a TN financial institution as I live in CA, and I have read articles about potential tax and filling season issues if you bank outside the state where the business is registered.
Nicole Austin
Reputable Private Lenders
22 February 2024 | 7 replies
Nor are we fiduciaries – another red herring.Educate yourself about the licensing and usury requirements in your state before you speak to a potential lender, @Nicole Austin.
Kristan Cheviron
Wholesale mentorship in NC
22 February 2024 | 1 reply
I’m learning everything and anything I can by all available means, but would love to find someone in the same market who would possibly be willing to share their wisdom and potentially walk me through an actual transaction (simply as a spectator on my end, or in any capacity you’d allow me to be involved in).
Diran Deukmajian
Thoughts On Investing Out Of State
24 February 2024 | 30 replies
Here are some benefits of investing in Columbus, Ohio, that may make it a wise choice:- Affordability: Property prices in Columbus are notably lower compared to those in LA, which means you can potentially buy more properties or larger ones for the same budget.- Rental Demand: Columbus is a growing city with a steady flow of professionals and students, ensuring a strong and consistent demand for rental properties.- Economic Growth: The city's economy is diverse and steadily growing, providing a stable environment for your investment to thrive.- Investor-Friendly Climate: Columbus has relatively manageable regulations and property taxes, making it attractive for real estate investors.While investing out of state does come with its challenges, such as property management from afar, partnering with a local property management company can help ease these concerns.
Ori Skloot
How Much Do You Pay your CPA for Tax Preparation?
23 February 2024 | 14 replies
If you are going to pay turbo tax rates, you will get turbo tax quality and potentially miss out on planning and strategy which is where the real value of a tax pro comes in IMHO
Christopher Pride
Looking for a loan on a zoned commercial with 2 residences.
22 February 2024 | 2 replies
I have a line on a deal for a property that I believe is undervalued and has great future potential for improvement.
Andrew Singer
Investment Property Insurance
22 February 2024 | 4 replies
Hey @Andrew Singer - To be completely honest, I've found it hard to find a Chicago broker that I know, like, and trust, but importantly will keep working for me on a regular basis (quarterly minimum) to review and look for potential savings.I have a couple of good guys, but no one so far that is a grand slam.
Tiara Fair
Assistance needed thank you
22 February 2024 | 9 replies
However, you could still have - cashflow on paper, but still break even or potentially have + cashflow on your taxes.
Kevin Goldman
First real estate purchase for end user turned into rental and sold
22 February 2024 | 9 replies
Afterall, the midwest states are known for their cashflow but also the potential for slower appreciation.
Mike Terry
Did I hear David Greene correctly this morning? Cash out 1.5MM retirement fund?
22 February 2024 | 43 replies
In fact I think it's a good thing.In fact, shouldn't a place like Bigger Pockets offer resources to investors and the only practical way is to mention what you've done and what you do.