Bob D.
Need Commercial Bank Financing In Fall River, MA
13 September 2018 | 3 replies
Tenant is a private company but lender is free to examine their solvency for purposes of covering lease.
Sharon Tzib
Houston Housing Stats August 2018
17 September 2018 | 2 replies
https://www.har.com/content/newsroom?pid=1563Houston Real Estate Highlights in August(* asterisk denotes that the “Harvey effect” has been removed): Single-family home sales rose 7.6 percent year-over-year, with 5,844...
Cosette Trantow
FHA loan questions to ask my lender
12 September 2018 | 7 replies
Allowances can be made for seasonal employment, typical for the building trades and agriculture, if documented by the lender.When analyzing the probability of continued employment, the lender must examine the borrower’s past employment record qualifications for the position previous training and education, and the employer’s confirmation of continued employment.
Rick Howell
Change Your Routine Change your Business!!!
13 September 2018 | 0 replies
If you find you are getting burned out because you are constantly up late AND up early the next morning, consider examining your overall efficiency.
Jim Cummings
Sales Continue Up In Texas
15 September 2018 | 1 reply
For more Texas housing stats, read the Center’s latest Texas Housing Insight report.
Daniel W Finley
County says I can't use site information as a mailing list
2 August 2019 | 6 replies
Prohibition on distribution or sale of mailing or telephone number lists — Penalty. (1) Except as provided in subsections (2),Subsection (2) "...this section does not prevent an individual from compiling a mailing list or a telephone number list by examination or copying of public records, original documents or applications which are otherwise open to public inspection."
Kyle Jenkins
Taxes and sponsoring sports
15 September 2018 | 7 replies
Someone who examine your facts and circumstances and advise you on tax entity structuring and treatment of payments/expenses.If the washing business is a disregarded entity, there would be no deduction as you're just moving money "from one pocket to the other".If an S Corp or C Corp, possibly, but then we'd have to look at: is the payment reasonable, ordinary and necessary.
Justin Greenwood
Understanding IRR Calculations in Frank Gallinelli's book
30 December 2019 | 11 replies
He provides the following:4 studio apartments @ $1,000 per month4 one-bedroom apartments @ $1,250 per month4 two-bedroom apartments @ $1,500 per month4 two-bedroom apartments @ $1,800 per monthProperty taxes, $40,000 per yearInsurance, $15,000 per yearWater and sewer, $12,500 per yearElectricity for common area lighting, $2,800 per year"You confirm the rents by examining the leases and you verify independently that the expenses are accurate as quoted."
Evan Tan
Getting 1st Mortgage given Employment Status
27 July 2018 | 1 reply
This was the previous thread i created; https://www.biggerpockets.com/forums/12/topics/594...I am not employed currently and am still in school but have roughly a 50k bankroll and i can make 5k a month on avg and my credit score is okay so far (recently got credit card a few months ago), i have stats/graphs/records documented from poker earnings and am currently trying to fill out my w-2 filling tax returns to show proof that i have document-able income and all i would need is 2 years worth of w-2s?