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Hello BP community! I have decided to start a mortgage and lending company. I will be 50% owner with a MLO. He will handle all the lending side of things and we will hire a 3rd party processor. It looks like we will b...
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I recently acquired my real estate license and have been performing various CMAs for residential properties. For residential, its fairly simple and straight forward. I understand that Commercial is a different animal ...
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Hello,I've been conducting research on a few topics and would like your professional opinion on the following:1. what is the average entry fee per deal when acting as a buyer (expressed as a % of ARV)?2. what is the a...
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Looking for a weigh in. My accountant says rental income 100% qualifies for the 20% 199-a deduction. My father-in-law’s didn’t use the exemptionfor his rental income. I assume the accountant is just extremely conserva...
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Before negotiating a real estate deal, it is important to be prepared. This means conducting research on the property's market value and recent comparable sales, as well as staying informed about trends in the real es...
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Hi, I am wondering if anyone can help me out with how to split our profit on a flip. I'm trying to figure out the most fairest way to conduct this as to keep our business relationship healthy. I got a hard money loa...
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Hi folks, I am currently exploring business banking options for my real estate ventures. After some research, I've identified several key features that are crucial for my business operations, and I would appreciate it...
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I have assigned storage areas in some of my rentals. Looking for some good lease language that says that tenants use them "at their own risk". Thanks for any help or leads on this.
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Hello dear BP fellows,I'm conducting a market research.What you assume to be the percentage of residential rentals managed by owners vs the percentage managed by property management companies in the US?Is there somewh...
Hello everyone!I am in the process of buying a rental house (out of state) and need your opinion...The deal is almost done but the seller is not providing me a Scope of Work yet. So the only photos that I can see are...