Jon S.
Liability Exposure vs Tax Exposure, they seem to be at odds.
Based on responses on BiggerPockets, I've realized that addressing these two concerns is not necessarily complimentary, one can cause problems with the other. In Brandon Hall's article on tax planning "Higher Earner V...
Marissa Contreras
KEYSTONE CPA Amanda Han Matt McFarland
Are they worth it? I've interviewed like 4 CPAs/tax strategist this year and it's difficult because I know I'm not always comparing apples to apples. Has anyone used Amanda & Matt and have they been happy with the...
Robert Carl
How to grow/scale up?
Im trying to grow my rental business. My question is how to move to the next level. My first goal is to have my properties operating with 2 full time maintenance men and 2 managers when I hit 20 rentals. Is it bett...
Jonathan Satizabal
Estimating Rehab Costs
Just purchased a single family home as an investment property in Chicago. I was hoping to rehab the kitchen and bathroom for 15-17k. The kitchen needs new cabinets paint and time floor. The bathroom is a total gut, b...
William Nohmor
Need residential leasing agent and RE attorney in Delaware
I am buying a single family house in Newark Delaware and will be renting it. I need an investor friendly leasing agent to find good tenants and I need a young, low overhead real estate attorney who knows how to do cl...
Craig Garrow
Running a RE Brokerage with no employees.
This whole covid-19 situation has me thinking about the need to eliminate a little overhead and trying to be a little more nimble in our business. So, I’m wondering how many Brokers are running businesses with no empl...
Phil Long
COGS vs Expenses Information Request
Is there anyone running a successful flipping business that would be willing to share their P&L statement or can provide info on what a healthy COGS vs Expenses ratio looks like? I'm searching for something to co...
Jake Mazur
Investors - Record Management Best-Practices?
Hey BP!I'm interested in learning more about how some of you in the community maintain records for your real estate portfolios. For example, how do you track your properties, tenants, contractors, repair costs, overh...
Terry Hollinsworth
Do contractors usually charge tax for insurance claims?
Insurance agreed to pay 21K to replace roof. After we gave the contractor our insurance papers he charged quoted us: Roof replacement costTAXO&P (Overhead and Profit) His quote convinently came out to 20K. Do cont...
Dean C.
Licensed agents: Investor or agent first?
I've made the decision and am working toward getting licensed as an agent (well, it's "broker") here in Illinois. And yet, I'm doing so to break out of the corporate world so I can devote 100% of my time to real esta...