John Lutkenhoff
How to Present a Deal for Financing
14 April 2020 | 9 replies
You can meet some here on BP but I'd recommend going to a meet up in your area and chatting with some individuals.
Sofia Kolesnikova
Question on Tax Implication in Property Transfer
15 March 2020 | 8 replies
I have Carry Forward Deductions from the 2008 Crash, enough to make all my Profit, Tax-free as I do not have the $3000 Individual Deduction Limit.
Rebecca Salazar
Is there a “best” real estate company or is Redfin the move?
1 July 2021 | 37 replies
Seems that more people than not have their license so most recommendations were of individuals’ family members, not so much good companies to work for.
Christopher Vincent
Finding the right people
2 June 2020 | 8 replies
I've learned how to find deals that not everyone else can because I am willing to go the extra mile for individuals that believe in me.
Jessica Cooper
BRAND NEW: Advice on home analysis
4 June 2020 | 2 replies
He does use the BP calculator but I highly recommend sticking with your own spreadsheet because this forces you to fully understand the individual numbers and how they interact.
Patrick Britton
need for file taxes for short-lived LLC?
5 June 2020 | 4 replies
Typically Single Member LLC activity is reported directly on your individual return for Federal income tax purposes (assuming you haven't made an election to treat the LLC as a C Corporation).
Amol Kulkarni
Thoughts/Inputs/Advices!!!: Greeting Countrymen (Women)
12 June 2020 | 8 replies
What should my strategy be to find this - turnkey guys v/s individual contractor v/s 'doing on your own'. ( I am typical w2 employee.)3.What’s your take on house market collapse - as you must be aware - lot of people are losing jobs.
Claire Rosenberg
Flood Insurance on a ground unit condo?
13 June 2020 | 6 replies
The lion’s share of homeowner policies exclude flooding as someitng they will cover this is due to the fact that they know your property (any property has a higher risk of flooding then ever having to make a claim on what they will cover) primarily fire which has a .01% of ever happening.There are many individual reasons why flood insurance is skipped by property owners. and if you want to discuss your risk you should call your agent or you can ask in this post and I will try to answer it for the beinfit of our BP community.
Drew Maconachy
Does Renters Insurance protect investors? Probably not.
3 June 2020 | 2 replies
If you get to many "dings" on the Renters Legal Liability policy, rates will go up and you could decide to end it and go back to individual Renters policies and their headaches at that point.4) Incorrect - This $100,000 limit (which is more than most Renters policies provide by the way) is dedicated to fixing your asset first (just like you would want), but if the $100,000 limit isn't used up fixing your asset then your renters have up to $15,000 to cover their personal property.In summary, the product costs about the same, provides coverage to the asset owner FIRST, requires no tracking/monitoring by you or your staff, doesn't open the owner up to exposure between when you find their policy has lapsed and you get it corrected, and will decrease your P&C costs.
Shannon Frazier
Thoughts on renting to roommates in a family home?
22 June 2020 | 8 replies
It’s much easier for 4 people to pay $500 per month than for one or two people to pay $2,000 per month.Renting individual rooms out is an option but it requires more management and can be a huge headache.Good luck, hope you can make something work out!