I am screening tenants and two previous landlords have asked that I send them a landlord authorization form or a rental reference authorization form. I'm not entirely clear exactly what the title is, but it was indica...
What would you do in this situation:
Business: Manufacturing
Commercial building valued at 2mil
550k left on mortgage
800k Line of credit (650k balance)
Bank is demanding line of credit balance to be lower than 5...
Earlier today @Scott Autenreith a sales agent on my real estate sales team in Tucson, Az. was interviewed by the CEO of Keller Williams Southern Arizona regarding his massive success during his first 6 months as a lic...
Context: Seller is a foreigner to the US and special tax withholding must take place via FIRPTA/HARPTA. In the offer, the seller is requesting that we add this term to the contract:Request: “Buyers authorize Escrow to...
So I have been listening to the Bigger Pockets podcast and have heard a lot about LLC's on there. They haven't exactly gotten into what an LLC does however. What is the purpose of it? I have also heard of different pa...
Hello BP community, today i was notified by my loan broker that the rate on my loan just went up 5.75 on a cash out refi for a triplex here in L.A. This is a no doc loan based on income from property.
I started th...
Hey guys,I have a file where the SSN that was provided to us returns an invalid credit report. The note seller is out of business (no surprise). We don't have the original loan docs in the collateral.Inside the collat...
My mentor / business partner who is showing me the ropes in RE is starting his own property management business after being in the real estate game for 13 years.
He is offering me a job in said property manag...
This may be a silly question but for tax reporting purposes does your earnings need to match exactly to what Airbnb is reporting? Reason I ask is that I've been tracking earnings based on when they are earned whereas...
I am buying a new construction for investment purpose and would like to have the title on my LLC. However, I would be taking an investment property mortgage(Not a commercial mortgage on LLC) with 25% down. Lender is s...