Real Estate Agent · Los Angeles · Member since 2026 · 1 post · 0 votes
Hi, I'm a young/new investor looking to build out his team! Im looking to interview a few CPA's who either own property or who specialize in helping real estate investors. Who can you recommend?
Accountant · Chicago, IL · Member since 2018 · 2k+ posts · 1k+ votes
2mo
There’s a lot of great CPAs on here. I’d recommend seeing who’s active and who you connect well with. Please note that service providers cannot self promote.
Accountant · Chicago, IL · Member since 2018 · 2k+ posts · 1k+ votes
2mo
There’s a lot of great CPAs on here. I’d recommend seeing who’s active and who you connect well with. Please note that service providers cannot self promote.
CPA, CFP®, PFS · FL · Member since 2017 · 5k+ posts · 3k+ votes
2mo
Hey Charlie, welcome to BP and your investing journey! Finding the right CPA early is KEY to not only making sure you're not missing out on any opportunities or making sure you're not making any mistakes you'll have to go back and fix, but just so you can understand the intricacies yourself and how the rentals interplay with your overall financial situation and income streams. And you've come to the right place, for sure!
Look for someone who can clearly explain passive vs. non-passive income to you, is well-versed in cost segregation and bonus depreciation, works regularly with real estate investors (you'll see a lot of them replying to questions like this one), and can support you nationwide since you never know where your next deal might take you.
Lender · Fort Worth, TX · Member since 2016 · 8k+ posts · 6k+ votes
2mo
@Charlie Recinos thanks for the post and I see you have some good responses above. This is a super important question and it doesn't just apply to CPAs. How do you know that a contractor is any good? An electrician? A title company? Anything? Even if they do have 20 years experience...how do you know really? And while nothing is foolproof the most consistent method of finding good vendors is relying on OTHER real estate investors that have worked with those vendors. This is why we network with other real estate investors - kind of like what you are doing here!
So, let's try some local real estate meetup groups. Meetup.com is a good resource for those but some of the groups will also post here on Bigger Pockets Marketplace too. Even facebook might have some good local groups for you. Some of those facebook groups have thousands of members. The priority is consistent recommendations from active investors. Oh, eventbrite too. But post locally for this. That’s the best bet.