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16 April 2024 | 9 replies
Do you use it for the whole process: tenant screening, background and application?
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17 April 2024 | 18 replies
I would like to obtain some biz credit, so do you have any advice as to hey I can start the process?
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16 April 2024 | 2 replies
It's also essential to stress-test assumptions, ensuring the deal can withstand tough scenarios.Using models or spreadsheets streamlines the process, but mastering underwriting takes time and experience, evolving with market changes.In short, underwriting involves dissecting financials, considering market trends, and stress-testing assumptions.
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15 April 2024 | 19 replies
He's here this weekend for actually two days: Friday p.m. from 3 to 6 he'll be talking about using QuickBooks in your REI business and Saturday from 9am to 5pm he'll be talking about building your entity structures for tax advantage, asset protection and estate planning, including how to pay your minor children without also having to pay SUTA, FUTA, FICA, etc. for them.I can't do this justice not being a legal / financial professional, but from what I remember, you DO NOT WANT to pay them out of an S-Corp or an LLC.
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15 April 2024 | 33 replies
Prior to speaking with an attorney you need to learn how the syndication model works.Underwriting, LP/GP structure, fees, etc.A great book is Best Ever Apartment Syndication - textbook for this business.Happy to provide more insight on the process, if you want to send me a DM.
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17 April 2024 | 17 replies
- Yes, I believe you have to go through the process just like before.
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16 April 2024 | 10 replies
Today I was going to start a process through my company and the payer's company banks for fraud that would involve an investigation etc.
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15 April 2024 | 6 replies
I would really question them on their preferred deal structure and costs.
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15 April 2024 | 3 replies
If you are worried about the liquidation over 10 years, consider a trust structure that could own the home.
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15 April 2024 | 1 reply
Trying to understand the Net Profits Tax structure and filing and I have a few questions:1) My understanding is that out-of-state rental income is subject to NPT though a credit is applied for any taxes paid to another locality (state tax not included).