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27 August 2024 | 13 replies
You think that you hired a specialist and are paying for the corresponding quality, while in reality you might have some under-trained, unmotivated and unsupervised anonymous data entry clerk doing the work, full of costly mistakes and cut corners.Often, low-cost CPAs get overwhelmed with the amount of work they take, resulting in rushed poor quality product and mediocre (or worse) service.
27 August 2024 | 5 replies
Contact a lawyer to specializes in elderly or people with memory issues and ask them what their thoughts are.As for why the property was sold, that is a decision up to your mom and whoever she gave power of attorney to.
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26 August 2024 | 13 replies
It's great to hear that you've been diving into real estate books—knowledge is such a powerful tool in this field.
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26 August 2024 | 16 replies
If you haven’t already, follow and search keywords STR, short term rental, and Airbnb — you”ll receive an overwhelming amount of information.
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26 August 2024 | 4 replies
Quote from @Bobby Burris: Here's a guide that describes what good cash flow looks like and how to analyze a property.https://www.biggerpockets.com/blog/rental-property-cash-flow...Read a few books on real estate investing to learn the power of leverage.
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26 August 2024 | 9 replies
Your debt to income ratio will be negatively impacted affecting your buying power/ ability to get new loans.
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27 August 2024 | 4 replies
Powerful, grounding, responses here.
29 August 2024 | 70 replies
Tim Gordon Hey -- more power to you.
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27 August 2024 | 18 replies
I'm not sure if this is acceptable in your state, but an example might be; the master would be Heavenly Homes, Series LLC, filed as required and obtain a certificate of good standing, tax ID number, etc. for the bank account....Then, "Heavenly Homes Series One LLC" file it with that name, it has a tax ID, certificate of good standing, etc. take that to the bank show the Operating Agreement for the powers granted to those members.