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10 September 2019 | 39 replies
The "closing" was just done at the bank and we signed paperwork with the banker so no closing company involved.
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24 March 2018 | 10 replies
So I was thinking that a system like RUBS, if not generally applied in the area, would increase paranoia and increase turnover, besides the additional work and expense involved in billing, getting the bills out, and collecting it.
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23 March 2018 | 6 replies
It's not that easy to accomplish and usually involves advanced strategies such as bonus depreciation mentioned by @Logan Allec and asset segregation.The good part is that investor-friendly lenders will add back depreciation, not counting it against your income for underwriting purposes.
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23 March 2018 | 7 replies
First time being involved with commercial sale.
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10 April 2018 | 18 replies
The best part is you don't have to wait for 45 minutes to check out at the local walmart (I was just down in Florida I know how it gets!)
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21 March 2018 | 4 replies
I haven’t used BP to it’s best potential but I plan on it, as I’m getting further involved in real estate investing.
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23 March 2018 | 8 replies
The 3rd party fee's can also be very high for CMBS (mostly because of borrower counsel) - Well's has a capped program at $25k which is low compared the industry standard of a $30k-$50k deposit.
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21 March 2018 | 7 replies
@Patty PuckettYou should have the 1099 corrected otherwise the IRS will expect you to report that income on your personal return.The responsible party should be your IRA, i.e Patty Pucket IRA.
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13 April 2018 | 4 replies
Thus, I'd like to use a professional.)Last fall, I sought bids for snow removal (shoveling/blowing walkways - no plowing) and to those that bothered to respond, I got ridiculous prices back ($150-$225 per trip; it takes an hour total to shovel all the properties, including travel time between).This spring, I am seeking lawn maintenance bids and I am experiencing the same thing; outrageous (in my opinion) prices for the work involved.
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12 April 2018 | 3 replies
Investors get involved in deals that might look good.