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3 March 2020 | 0 replies
I really don’t see a subject on BP related to dealing with residential and commercial vendors so I wanted to start a tread and ask peopleHow do you save money dealing with installers, repair companies?
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4 March 2020 | 2 replies
I am looking at building my first residential subdivision and I am trying to gather some information regarding costs to develop the land to city/county standards.
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5 March 2020 | 6 replies
It is surrounded by single family homes and residential neighborhoods.
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4 March 2020 | 3 replies
Most info I find is for residential land and those tenants.
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8 March 2020 | 33 replies
They are out there.Don't expect residential Fannie Mae rates and terms.
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9 March 2020 | 4 replies
However, given that residential real estate value is based on ARV, I am struggling to find comps on a rented 3 fam property that seems to be under-performing.
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5 March 2020 | 3 replies
*In many cases, the people who are the most vocal in the anti-license camp have never had a real estate license themselves, and don't really understand what it entails or what the benefits are, but are quick to tell you how you should run your business.
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5 March 2020 | 16 replies
Conventional products have a limit on the number of financed properties you have.commercial products (these ARE available on 1-4 unit residential properties) do not!
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5 March 2020 | 3 replies
However, it would be extremely rare for this to apply to short-term rentals of your home or second home.Exception to the Significant Services Rule – If the personal services provided are similar to those that generally are provided in connection with long-term rentals of high-grade commercial or residential real property (such as the cleaning of public areas and trash collection), and if the rental also includes maid and linen services at a cost of less than 10% of the rental fee, then the personal services are neither significant nor extraordinary for the purposes of the 30-day rule.A loss from this type of activity, even when reported on your Schedule C as a trade or business, is still treated as a passive activity loss and can only be deducted against passive income.
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4 March 2020 | 0 replies
I have a great connection that could help mentor and help me get started in commercial, but wondering if it would be a better idea to start in residential to get some experience first.