All Forum Posts by: Account Closed

Hey @Yann Feunang,

To help you in your search: be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise. Not too low either, you don't want to go with someone who is just focused on price as this is a quality of a not-so-great accountant. Accountants are in such demand, that the best are not even accepting clients half the time.

The other problem I see often with accountants on here is that they specialize in larger investors, and have really high prices when you as a smaller investor do not need all the bells and whistles.

Another thing I see is folks thinking they need to have a tax professional in their state. We as a firm have investors working with us who have rental properties all over the US big and small.

Finding a real estate-focused tax professional and one who can help with advisory and grow with you would be my suggestion to focus your efforts on finding. Best of luck in your search!

 So now it depends on how much work you want to put in. Real estate property is the better call for those who want to do the work

Hey @Alonzo Moreland, 

To help you in your search: be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise. Not too low either, you don't want to go with someone who is just focused on price as this is a quality of a not-so-great accountant. Accountants are in such demand, that the best are not even accepting clients half the time.

The other problem I see often with accountants on here is that they specialize in larger investors, and have really high prices when you as a smaller investor do not need all the bells and whistles.

Another thing I see is folks thinking they need to have a tax professional in their state. We as a firm have investors working with us who have rental properties all over the US big and small. 

Finding a real estate-focused tax professional and one who can help with advisory and grow with you would be my suggestion to focus your efforts on finding. Best of luck in your search!

Hey @Jenna Meditz, 

Congrats on getting more into real estate! 

On Bigger pockets we cant self promote ourselves (its against the rules)

To help you in your search: be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise. Not too low either, you don't want to go with someone who is just focused on price as this is a quality of a not-so-great accountant. Accountants are in such demand, that the best are not even accepting clients half the time.

The other problem I see often with accountants on here is that they specialize in larger investors, and have really high prices when you as a smaller investor do not need all the bells and whistles.

Another thing I see is folks thinking they need to have a tax professional in their state. We as a firm have investors working with us who have rental properties all over the US big and small.

Finding a real estate-focused tax professional and one who can help with advisory and grow with you would be my suggestion to focus your efforts on finding. Best of luck in your search!

As someone who is in 8 syndications right now, I can say doing due diligence on the project and the operator is a full time job in itself. I would highly recommend just doing it yourself with a smaller property to start. 

Hey @Kevin S., 

The question you need to ask yourself first is: 

what is the purpose of this money? 

real estate, stocks, bonds, corporate debt, private credit, ATMs, etc are all great investments. But these investments are tools in a toolbelt. 

All of these people suggesting things are saying what they would do, and they are not you. What is your goal? Cashflow? Networth growth? Wealth preservation? Once you have the goal in mind, then you can choose the best asset for that. Take it from a guy who has blown 1M+ on assets that did not fit with my goals, because smart people told me they were "good investments" 

Hey @Adam Sciupac, 

To help you in your search: be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise. Not too low either, you don't want to go with someone who is just focused on price as this is a quality of a not-so-great accountant. Accountants are in such demand, that the best are not even accepting clients half the time.

The other problem I see often with accountants on here is that they specialize in larger investors, and have really high prices when you as a smaller investor do not need all the bells and whistles.

Another thing I see is folks thinking they need to have a tax professional in their state. We as a firm have investors working with us who have rental properties all over the US big and small. We are familiar with the strategies you have shown on your video as well :)

Finding a real estate-focused tax professional and one who can help with advisory and grow with you would be my suggestion to focus your efforts on finding. Best of luck in your search!

 Ill fill out this form! We are filling up fast for the 2023 season but I can always squeeze in a few more folks from the bigger pockets family :D 

While we are not allowed to promote as accountants on BP, I will say we offer a very similar service but are more hands on as we are not at the size they are. We also do it for much less cost right now. 

Hey @Gail L boucher, 

Welcome to the Bigger Pockets forum! Have you considered hiring a property manager and doing a cashout like @River Sava mentions?