Kevin Lefeuvre
Which big bank will sink first?
22 March 2020 | 5 replies
Far too many ways to detail, but here are just a few:Fees: all kinds from what you may be charged on a checking account (a few dollars) to what IBs charge their corporate clients (tens of millions of dollars or more).Services: This includes everything from servicing your mortgage (large banks rarely, if ever hold these on their own books) to physical check processing to running the backbone of payment services that allows you to buy nearly anything anywhere with just a small piece of plastic you keep in your wallet.Money management: Whether for individual (i.e. very wealthy) clients or managed products like a mutual fund.And so, so many more ways.Will there be less income for the banks?
Josh Huber
Start building a team... But in how many locations? Then what?
23 March 2020 | 20 replies
I recommend setting up keyword alerts for each area as they are discussed in the forums daily with advertisements posted in the BiggerPockets marketplace hourly.One thing to note when looking at the individual markets, you can make or lose money in any market.
JR Rios
Morgage rates just went up
17 March 2020 | 1 reply
Then as a batch of loans gets through underwriting, they (an individual lender) are surfacing, gobbling up applications and locks, and going right back down below.
Eric Shadowens
March 16th Filing Deadline Has Passed - Late-filing Penalty Info
17 March 2020 | 1 reply
Many were hopeful IRS would have made an announcement regarding filing due date relief, but it's understandable the Coronavirus is testing emergency plans of every business, including IRS.Generally, no taxes were due yesterday since income/losses from partnership and s-corp returns passthrough to individuals.
Steve Hiltabiddle
My LLC and my SDIRA - Origination fees for my LLC
21 November 2020 | 12 replies
Perhaps it doesn't matter if it's the LLC or an individual if both are disqualified individuals relative to the IRA.Once again, I greatly appreciate your feedback.
Bill F.
What has Historically Drive RE Returns?
17 March 2020 | 4 replies
I would not use this to make individual investment decisions, but rather as a tool to help me think about my investing strategy at a macro level.
Alvin Mayard
Questions to ask your lawyer/account as your starting out.
18 March 2020 | 2 replies
For context — it is a group of 5 individuals that will start this journey with me.
Reggie Rearden
Raw land Value in Aiken, SC
17 March 2020 | 3 replies
Think of each property as their own small business, and try your best to have a 3 month reserve for each individual property's mortgage.
Anthony Steele
How could I start investing in rental properties at 20 years old?
22 March 2020 | 8 replies
Wholesaler –Individuals or Companies that have Properties Under Contract.
Laura Cardenas
Making myself a resource to my tenants during COVID-19 crisis...
18 March 2020 | 7 replies
Our ability to work with a tenant is greatly increased when that tenant shows that they care about our situation and seeks to fulfill their financial obligations by utilizing programs intended for that purpose, rather than choosing to put us in a situation where we lack the funds necessary to pay the bills associated with the rental property.3) The NH state government has issued an order to provide "immediate access to unemployment benefits to individuals who are unable to work or who have reduced hours due to the COVID-19 pandemic".