
5 August 2024 | 1 reply
I have always been very interested in investment properties and I aim to be a great partner for any investor who wants to do business in The Hudson Valley.

5 August 2024 | 9 replies
Howdy Folks,I want to create options for my sellers moving forward to help ease them into the possibility of providing private seller financing for buyers.I have come up with a list of 3rd party loan servicing businesses, but I also want to provide a software option where the seller can more directly manage the loan.First, let me share the list of 3rd party servicers (please let me know if an awesome player in this space is omitted):Evergreen Note Servicing | Note Servicing Made SimpleFCI Loan Servicing - Loan Servicing Programs for Lenders of any size.Loan Servicing - Weststar MortgageNoteSmith HomeMortgage & Note Servicing - Note Servicing CenterWelcome to Statebridge - Statebridge CompanyLogin - AlliedServicing CorporationI really have not found any good software solutions that would fit well with a seller who may have just one private loan to manage.

5 August 2024 | 3 replies
https://www.biggerpockets.com/business/finder/property-manag...

31 July 2024 | 3 replies
My sister and I are working to partner up for a real estate business.

6 August 2024 | 8 replies
there are prospective tenants who would be great using your property within their own business model, but just make sure you understand the insurance and liability implications of this.

5 August 2024 | 12 replies
He's the best in the business

3 August 2024 | 16 replies
Under the IRS rules, a person qualifies as a real estate professional if: (1) more than one-half of the personal services the taxpayer performs in trades or businesses during the tax year are in real property trades or businesses in which the taxpayer materially participates, AND.....(2) hours spent providing personal services in real property trades or businesses in which the taxpayer materially participates total more than 750 during the tax year.Like @Greg Scott and @Russell Brazil mentioned above, I don't believe that you would qualify as a REPS, but if you are going to try it, make sure you document it very well (i.e. with some kind of proof, like time cards, mileage forms, and/or receipts, etc.) so that just in case you do get audited, you at least have something to provide to the IRS agent.

5 August 2024 | 14 replies
I would be willing to help - but you know you need a lawyer - taking advice from people on the internet is not a great business decision.

5 August 2024 | 8 replies
"Trust but verify" should be applied to every facet of investing and business.

2 August 2024 | 5 replies
Does anyone have experience with this strategy?