23 December 2016 | 12 replies
@Zahrah McFadgen to make the "mention" function work properly, you need to type the "@" and then "?"
6 September 2012 | 19 replies
I've got pretty good procedures in place to handle my businesses and investments but you're right that this is just another function of automation and there is plenty of good tools for that out there.
21 September 2009 | 33 replies
I spelled Beretta wrong in my previous post and was going to correct it, but the edit function is MIA.
21 June 2016 | 1 reply
Hello BP:I have an interesting situation.8 years ago, a residential property was purchased by my client and converted to a bed & breakfast and has been functioning as one since.Client now wants to sell, and, due to the fact that good records weren't maintained, it's being sold/marketed as a residential property.Someone I work with in REI with quite a bit of mortgage lending background with underwriters advised me that whoever buys the home will likely have a very difficult time getting the deal done with a conventional mortgage, because during the due dilligence phase, the lender will find that the property has been running as a bed and breakfast, and therefore will shy away from it... even if the stated intention is to use it as a primary residence.Can anyone with background on how the risk factors of these deals are considered and underwritten, or knowledge of common underwriting practices shed some light on this?
6 July 2016 | 23 replies
We are an I.R.S. designated 501 ( C ) 3 non profit Tax exempt of our rental income association of income producing property owners dedicating 10 to 20% each month for administration of our property management functions vs hiring a property management company.
6 October 2022 | 5 replies
But it has the function to analyze BRRRRs and Rentals.
4 January 2023 | 0 replies
We added value by making the property functional, and livable!!!
18 October 2022 | 3 replies
What are some other methods to obtain the funding but also keep the property in the partnership’s name?
22 March 2019 | 6 replies
Cozy.co looks to be quite attractive and I've gone through their initial account setup, linked my bank account and all seems smooth so far - but I'm curious as to how the service functions in practice and if there are any "hidden" fees that the tenant or the landlord would potentially run into and be cause of shock/disappointment.
23 March 2019 | 4 replies
A partnership tax return would need to be filed for this LLC (e.g. a form 1065 at the federal level).You could then invest in the single investment through the LLC.