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Results (10,000+)
Brandon Turner Do YOU listen to the BP Podcast? Then PLEASE help us out!
11 August 2024 | 99 replies
LLC orS-Corp.Don't be in the wrong type ofentityFirst – Asset protectionbenefitSecond – Tax savings benefit Rental Real Estate – 1031(same in LLC or personal name)Syndicate - 15% or more in taxsavings, self-employment tax (flippers may use this) Expenses for write off &deductions: equipment & appliances, home-office ($5 per sq ft.), travel costs (related tobusiness), kids (income shifting by payingthem to work for you, meaning business related), membership, conferences &education, meal expenses for business, retirement strategies (selfdirected investing, tax-free or tax deducted, 401K/IRA)depreciation Pro-active Planning / Get a taxadviser Talk to your tax adviser inadvance Fire OutOrganize expenses, listquestions, changes (buy, sell, etc. properties.)Changing entity type from LLC toS-Corp etc.
Paul Post How much info can a PM share with a landlord?
9 August 2024 | 47 replies
I don't even keep copies in the office.
William Than Question about getting a loan for mixed use property (commercial & residential)
8 August 2024 | 2 replies
I want to take the equity of my current property for the down payment on the other, my current mortgage lender does not offer equity line of credit for mixed use property, the loan officer told me I may find some lenders offer that type of loan.
Alec Barnes Charlotte meetups in the coming months?
7 August 2024 | 4 replies
I know their next one is on August 8th at their office.
Jay Patel Does anyone use a Virtual Assistant for underwriting
7 August 2024 | 5 replies
We classify our VA tasks in Tiers.Tier 1 - Simple Admin Tasks and IntakeTier 2 - TriageTier 3 -  Front Office (Calls, Setting, Appointments, Follow-up, Lead Gen, etc.)Tier 4 - Back Office (Systems, CRM,  Billing, etc.)Tier 5 -  Subject Matter Expert Tasks (high stakes work) Most of our VA's do Tier 1 - 3. 
Michell Chase Just closed on 1st investment using conventional, can i purchase 2nd right away?
8 August 2024 | 7 replies
If it is a great property and the #s make sense, then reach out to your loan officer.
Dan Leyden Section 8 inspection
7 August 2024 | 13 replies
In addition your tenant can cause you headaches by doing intentional damage and reporting you to section 8 office.
Luis Hinestrosa What lenders have you heard negative reviews from?
7 August 2024 | 6 replies
I would not say there is a bad lender, but rather the loan officer/account executive at the lender.
Michelle Chan BEWARE Techvestor / Scoutpads
8 August 2024 | 22 replies
In 2019 an engineering recruiter named Sief Khafagi, who worked in Meta’s Los Angeles office, began posting about Scoutpads, a service he’d set up that connected users with developers to put money into real estate.Scoutpads wasn’t directly investing in properties.
Michelle Murtha New BP look? What's the software?
6 August 2024 | 6 replies
Account Closed, our new Chief Product Officer, has already started to go to town bringing this site into the 21st century.