Jason Chase
Need CPA to Certify My P/L for Real Estate Purchase
6 July 2021 | 6 replies
@jason chaseWhat your lender is asking for is what we commonly call a "comfort letter".It is a checkbox on their list, and will be scrutinized with the attempt to shift liability to the accounting firm that wrote it should the loan go south and the lender cannot collect from the lendee.The AICPA as well as errors & omissions insurers strongly discourage tax and accounting firms from writing these letters.
Logan Loughmiller
Different inspector than realtor suggests?
8 July 2021 | 18 replies
Is that common?
Ash Ram
Apartment construction cost in CA Central Valley
5 July 2021 | 0 replies
Expecting about 20,000 sqft of construction (units and common areas).Related info:Type:Garden-style2-levels with mix of 2 Bed/2Bath and 1 Bed/1Bath unitsMid-grade constructionSite info:Flat land, no major grading work is neededUtilities are yet to be connected (the site is in a developed neighborhood with good road access and utilities at curb side)Expansive soil (known for this region)Thanks!
Naoko Potts
How to respond to tenant’s “suggestions”
10 November 2021 | 8 replies
If it isn't a health or safety issue I would say sorry but we can not install such an item on our windows.
Joshua Espejo
Common Inspections For Alabama Property?
17 July 2021 | 12 replies
Ofc, I am still doing my own due diligence hence finding out other common inspections in Alabama.
Andrew Duncan
Advice for moving towards full time investing
8 July 2021 | 8 replies
., my health insurance, and half of my meals).
Benjamin Laudie
Off market deals in Utah county
12 July 2021 | 3 replies
Your friend speaks in hyperbole . . . they mean to say that it is most common to buy off market properties cash.
Christian Deaton
Estimating Rehab Costs as a New Investor
8 July 2021 | 9 replies
Here's the steps you should take to learn the basics of estimating rehab costs:#1 Read 'The Book on Estimating Rehab Costs'First, you need to build a foundational knowledge of construction, inspecting properties and putting together a detailed SOW.JScott's 'The Book on Estimating Rehab Costs' is a great resource for new rehabbers to learn how to Estimate Repair Costs on 25 common rehab repairs.https://www.biggerpockets.com/store/the-complete-g...#2 Explore Lowes and Home Depot to Learn About Material PricingTake a tour through Lowes and Home Depot (or their websites) and look at finishes materials and fixtures that you will consider using in your rehab projects.
Cory Lucas
Keep taking notes or am II wasting my time?
9 July 2021 | 17 replies
Verbal testimony is very common in court, so of course this is useful.