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20 October 2024 | 9 replies
:) I suggest you join the local REIAs though, one of the smartest things you'll do.Beset of luck, curtHow do you manage having mechanical contractors pull their own permits and not have a general permit pulled?
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20 October 2024 | 13 replies
This means it won’t affect your credit score or show up when you apply for personal credit in the future.Flexible Terms for Investors: Since DSCR loans are designed for investors, they tend to be more flexible in terms of documentation and loan structure, making them a smoother process compared to traditional loans.This option sounds like it could meet your goals for separating business from personal while unlocking equity in your property.
30 October 2024 | 94 replies
The BRRRR Method is really designed for this - I'd recommend buying the "BRRRR Book" in the BP bookstore and following that strategy - it basically outlines this exact gameplan in the opening chapters
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17 October 2024 | 21 replies
I have had a design and import business for the last 3 years.
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16 October 2024 | 10 replies
Depreciation is typically allocated according to the ownership percentages outlined in the partnership or syndication agreement, which are set in advance and follow certain rules under the tax code.However, some syndication structures can be designed with different classes of partners or special allocations, but these arrangements are subject to complex tax rules, such as the "substantial economic effect" rule under Section 704(b) of the Internal Revenue Code.
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18 October 2024 | 5 replies
We don't just rehab, we renovate and design.
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15 October 2024 | 4 replies
It is equipped with the following: - Office - 2 mechanic bays with lifts - 1 bay for mobile detailing - Car lot for 70 cars Lot of ideas go through my head but figured i would reach out to the BP community.
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26 October 2024 | 50 replies
.- Many PMCs have processes designed to weed out non-serious prospects, but often these processes aren't adapted to the specific marketplace or changing markets.--- Since the PMC process is NOT working, what are they doing to change it to improve results?
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16 October 2024 | 13 replies
The wolves use the lake as a trail in the winter to move around.No mechanized stuff for us.
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16 October 2024 | 1 reply
We didn't end up going this route on our remodel, but there were 2 designers we talked to who do everything virtually which saves a ton on costs.