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18 October 2024 | 8 replies
With solid records and compliance, there’s little reason to be overly concerned about the size of the return.
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16 October 2024 | 3 replies
From what I remember, they addressed all concerns such as insulation, insuring them, or anything else that might come up without relative problems.
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16 October 2024 | 17 replies
(vii) would seem to indicate that you'd be acting as an unlicensed broker.(1) "Broker":(A) means a person who, in exchange for a commission or other valuable consideration or with the expectation of receiving a commission or other valuable consideration, performs for another person one of the following acts:(i) sells, exchanges, purchases, or leases real estate;(ii) offers to sell, exchange, purchase, or lease real estate;(iii) negotiates or attempts to negotiate the listing, sale, exchange, purchase, or lease of real estate;(iv) lists or offers, attempts, or agrees to list real estate for sale, lease, or exchange;(v) auctions or offers, attempts, or agrees to auction real estate;(vi) deals in options on real estate, including a lease to purchase or buying, selling, or offering to buy or sell options on real estate;(vii) aids or offers or attempts to aid in locating or obtaining real estate for purchase or lease;(viii) procures or assists in procuring a prospect to effect the sale, exchange, or lease of real estate;(ix) procures or assists in procuring property to effect the sale, exchange, or lease of real estate;(x) controls the acceptance or deposit of rent from a resident of a single-family residential real property unit;(xi) provides a written analysis, opinion, or conclusion relating to the estimated price of real property if the analysis, opinion, or conclusion:(a) is not referred to as an appraisal;(b) is provided in the ordinary course of the person's business; and(c) is related to the actual or potential management, acquisition, disposition, or encumbrance of an interest in real property; or(xii) advises or offers advice to an owner of real estate concerning the negotiation or completion of a short sale; and
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17 October 2024 | 4 replies
You can:* accept as is (or ask for credits)* demand the seller fixes it and gets town sign off* demand the seller rips it out (e.g. an illegally finished basement)In theory, these changes should be grandfathered in and aside from legitimate safety concerns (e.g.
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16 October 2024 | 10 replies
Also to note my brother is a journeyman plumber who is willing to help on any plumbing repairs should they come up.Financial ConsiderationsThe numbers look good using the BiggerPockets calculator, but I have concerns about our ability to pull off a BRRRR strategy due to cash reserves and DTI constraints.
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17 October 2024 | 13 replies
., 100% off on data. 5 properties, so not a "deep dive", But enough to give me concern on this platform.
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19 October 2024 | 16 replies
You might also want to consider some creative finance strategies to make your cash go further, if that's a concern.
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16 October 2024 | 11 replies
I am looking to see if another accountant would be better.Please clarify what are your concerns about them.
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17 October 2024 | 14 replies
It sounded great at first but the more I thought about it the more questions and concerns I kept coming up with.
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15 October 2024 | 2 replies
My main concern now is the unfinished porch.I'm receiving bids that are all over the map: some are as low as $1,300 for labor, while others range from $4,000 to $10,000.