Sweta Jain
Is business bank account needed for rental income
10 August 2024 | 8 replies
Hello, You should really talk to an accountant about how to set it up for your best practices, that said we ran into an issue this week when we were working on an SBA loan for a client, and because he owns all his properties in his personal name, we couldn't use his rental income to get the SBA loan.
MARK S KING
Best State/City for Section 8
14 August 2024 | 84 replies
Your comps and any adjustments to them for size, condition and features should help you set your rent, at least until you have connections to local committees or housing authority contacts that could provide practice-based guidance (sounds like a great tip from @Arsen Atanasovski).
Juan Mendoza
Does a room need to have closet to be considered a bedroom?
11 August 2024 | 31 replies
In short, the market defines a bedroom as well as other considerations listed above.As a practical matter a bedroom should probably have a closet since most buyers expect one, but techni- cally the International Residential Code does NOT mandate a bedroom to have a closet.
Hannah Stern
What coverage categories should be included in my multifamily?
9 August 2024 | 2 replies
I have an application for new insurance, but I don't know what best practice is for covering a multifamily brownstone in Brooklyn.
Andrew Postell
How To: Cash out 1-4 unit Property
20 August 2024 | 452 replies
But we do want to practice good accounting all the same.
Anthony Stephenson
Has Anyone Used SEOMEETSREI
14 August 2024 | 64 replies
I don’t understand how SEO Meets REI is stealing anything and would be considered “not a solid business” or how we have “ripped off our SEO business and our wholesaling and flipping business”.I would love to jump on a call with you and answer some of your concerns about SEO Meets REI and our business practices.
Don Konipol
Real Estate “Enhanced ROI” Techniques
10 August 2024 | 2 replies
I like the mechanics garage one could also take massive cost seg on all that equipment.. and same could be done with doctors office.. i did that with a dermatologist a few years back and it has worked out great helped young doc walk right into a functioning practice without her having to go borrow hundreds of thousands to outfit a shell..
Yosef Lee
My first ever 44 Unit MF apartment closed in Dec. 2020
16 August 2024 | 277 replies
Practice your pitch.
Evan T. Ong
I want to get started (as a 15 y/o)
10 August 2024 | 4 replies
In all those jobs, practice your Spanish as much as you can.
Stephen Moskowitz
HEEELLLP!! How do I find a mentor if I'm overseas????
9 August 2024 | 8 replies
Practice your pitch!