I lined up a bookkeeper in May of 2023 and had several months of follow ups with her only to discover in February 2024 that she had had a “life changing family event” and had not been in her office for about 5 months and had never even started my books.

Hello BP family, I own a small commercial stand alone building and have been approached by Edward Jones to build out and lease the property.  We are in the beginning phase so not much info has been given yet.  I'm cur...

After that I am using 5% rent increases with 60k renovation in yr1- using 20% down around 8.5% rate, many loan officers keep telling that only 25% down is minimum.. idk- yr1 goal to increase rents w renovation around 60k spend w 5% rent increase (tricky part it probably lot of rent lost while renovating maybe 2-3months) - estimating that yr1 and 2 is negative CF and then projecting positive CF w yearly 5-10% rent increasesAny ideas if this makes sense or not?

I do work remotely from the home and was also wondering if I could write off the portion of where I use the space as a office on the same home as he’s claiming without causing any flags on the property address.

I reached out to the main office and heard back from a local outreach member from Rhode Island.

Hey Liz,As a loan officer who has completed more than 2,200 loans in Minnesota, I can assure you that attorneys are completely unnecessary, and expensive in Residential Real Estate in MN. 

Did you talk to the Sheriff's office!?" 

Basically they would become shareholder or officer in business until you have the experience documented. 

@Ronald RohdeYep, I would be adding the same thickness of slab and only extending the portion of the warehouse only, not any office etc. 

If you made a complaint against the law office, I imagine they could be reprimanded or fined in some way.