Hello BiggerPockets!I am seeking some advice relevant to when to bring a CPA onto my team. I have provided an outline of my current situation along with the direction my partner (@kanwar sodhi) and I intend to go belo...
My partner and I recently bought and rehabbed and furnished our 1st STR. Had my real estate agent come by to take a look at the finished project and got her unofficial opinion about the value of our new vacation renta...
Hi All - hoping I can brain storm with some of you more experienced investors and creative financing connoisseurs.I found a duplex outside of Philly. Really nice older, retired gentleman. Had a good conversation with ...
I have a medical commercial tenant who is not paying their rent. They also aren’t answering us which makes me nervous. In their lease, a late charge starts at day 10. I have been reading up on the road to eviction but...
Money isn't easy to save and $10,000( my debts) is a ton of money I want to save for a downpayment, I'm just starting so I don't have any money I would like to save $60,000 to buy a rental property, I think I could do...
Hello, I'm looking to get some expert opinion/advice for a situation I'm considering on my first BRRRR deal.
Background: I have a duplex in a gentrifying Columbus, OH neighborhood. Doing the BRRRR model and nearing t...
I am at the airport flying back home from the BPCON2019 conference. Like many of you, I had some great take-ways from the discussion panels, seminars and social hour conversations. I thought I would create a thread fo...
Hi everyone,When first starting out, what did you do to keep track of your expenses, revenues, receipts, quotes, numbers, numbers, money, money, etc...? What software or programs helped you the best? Also, what were s...
I currently own one rental property and planning one more by the end of year for cash. What are the advantages and disadvantages of doing this as opposed to financing.
So an experienced CPA recently told me that essentially all costs incurred prior to placing a tenant are considered to be acquisition costs and get written off only as depreciation. Is this true? I'm sure he knows wha...