Hi Ashley, glad to have you as a part of this awesome community!

The contract is for 6m!

We are looking to learn more and try the brrrr system.

I have to go out of state because I live in Los Angeles and real estate here is absolutely ridiculous.

A pre-approval letter states that it's been approved by an individual that is approved to do so.

Wanted to give a quick shoutout to @Scott Trench for presenting the How to Use Your BP Membership to Grow Your Business breakout session today. 

I am a member of the Oxford House community and I've been studying real estate investing so that it only makes sense that I bring these two worlds together and be of service.

I'm surprised I haven't seen any talk of this in the forums (or maybe I just missed it).

The current discussion is that we'll agree on a payment and then "x" amount of each payment (same every month) will go to principal (instead of following an amortization schedule). 

Hi Patty - it depends on type of accounting method you use. if you are using cash method accounting, you can capitalize and claim in 2024.If you follow accrual basis, you record in a year when service is completed.Hope it clarifies.