Michael Almand
Paying a contractor for a scope of work
I would like to become more familiar with estimating the cost of repairs and filling out a detailed scope of work. When I ask others at my local meet ups they just reply with "I've been doing it for a while" or "lots ...
Dan Santonocito
DSCR Loan Question - Local or National?
When looking for a DSCR lender, do you have to find one in the area you are looking to invest in, or does it make more sense to find a national provider? Looking to purchase a STR in North Myrtle Beach later this year...
Chris Shon
Do I need a Real Estate Tax Accountant?
Hello BP community!We started an LLC last year and are about to file our first return for 2024. We have purchased a property for flip that's currently under renovation. I wanted some advice on whether we need a specia...
Ross Benedict
Do I need an LLC when starting up a small real estate business as a second source of income
hi guys, quick question for anyone that can help me out. I'm currently beginning to dabble with the idea of buying and selling vacant land. As I already work this will start as more or less a hobby as I learn the rope...
Account Closed
Currently have a CA LLC - should I open a new LLC for TX property
Hi Bigger Pockets Family,
I currently live in CA and own a duplex in a CA domestic LLC. However, I’ll be buying a few rental properties in TX, and I’m not sure whether or not I should open a new TX domestic LLC (and ...
Toris Diggs
Knowing how to do the numbers
I've studied several real estate courses went out with contractors and everything to learn how to figure out the numbers to know if its really a deal or not. I'm a numbers person. To me everything is just an equatio...
Ryan Planchon
How much does it cost to set up and maintain an LLC in FL?
I am considering putting my rental property in a LLC. I would like to figure out the setup costs, yearly maintenance costs and time involved to do this. My first property I am going to do this with is in FL if anyone ...
Gloria Mirza
startup costs for a Keller Williams Franchise
I am in the very early stages of opening a Keller Williams Franchise. I would appreciate it if somebody could weigh in on what the costs would be.
Corey Dutton
How To Lose Money on a Rental Property
A real estate investor I’ve known for many years specializes in ‘fix and flip’ investment properties. He will find the “dog house” in a neighborhood, transform it into a “cute house,” then resell it within 6 months or...
Tony Pellettieri
Providing insurance coverage for Business Employees
Our Business has been growing rapidly as we've employed our capital in the acquisition department. We've decided to scale back on acquisitions and have started scouting out talent to add to our team to be better prepa...