I am looking to add a CPA to my team and have no idea where to start. Any certifications I should look for? What kind of rates should I expect? We have been paying someone a flat fee to file our taxes for years b...
Hello everyone!
My name is Erene Massart, and I am thrilled to introduce myself to this amazing community on BiggerPockets. I am new to the world of real estate investing, and I am eager to learn and grow alongside a...
Hello, BP community!We are new, aspiring investors.
Several years ago, we moved to the Tulsa area to be near our grandmother. In 2018, she moved to assisted living and we sold our home and purchased hers for $68,000...
Hi Guys,So i've been looking into several areas of Chicago and there is something that i cant really understand.I've encountered properties just like this one:1048 W Garfield Blvd,Chicago, IL 60609many properties in t...
This is my first biggerpockets post but I've been here for more than three years however I have never actually joined. I figured since I've learned so much I should start posting a few of the lessons I've learne...
So I have a hypothetical situation:
Lets say a properties ARV is $550k,
Repairs are $75k,
And Wholesale Fee is $10k.
Using the mao formula:
$550,000*80%-Repairs-Wholesale Fee = MAO of $355k
When I am making my...
I'm in a farm partnership with my father in law(fil) and my brother in law (bil). My fil owns the property involved with the farm which he inherited from his father. He wants to retire so I'm planning to buy him out...
Hello all ,Just joined BP... am really interested in learning about 1031 Exchanges and details and nuances pertaining to their presence in the NYC/greater NYC market.Thanks!-Ben
My wife and I are in the final steps of closing on our first investment property. It's a modest duplex with projected positive cash-flow.We'd like to shop for a CPA but not too sure what to look for other than whethe...
Hello BP!I am planning on finding property in North Carolina. I would be an OOO investor and this would be my first property. Can you give me advice or a heads-up on what to keep in mind going into this? Is there some...