Ok creative accounting gurus. If I offer a first months rent discount of half price as an incentive, is there a way I can document this in order to show that discounted rent as a loss? Or deduct it as a promo?
Hi All, I expect this is pretty rudimentary to the realtors but we want to make sure we understand our alternatives.We have a closing on an investment property scheduled on Monday the 17th of August. Our option per...
Hello, I have two questions - hoping some of you may have advice based on experience.I am intending to team up with a coworker who plans to pay for the rehab costs of a BRRRR strategy as I pay for the down payment. We...
Would love to see what everyone has to say!
Hi All,I'm looking for a checklist kind of document that I can hand someone and have them walk every single unit in an apartment and check off a list of things. I'm thinking 1 page for each unit and it should include ...
Dear BPers
Has anyone had experience signing lease digitally? I had two prospects who live out of states saw the houses and like it. Since they are not here anymore after I checked and approved their background, I wo...
Folks - My property that I am selling was supposed to close on Sep 6. My closing company received all my documents on Sep 7 (since I am out of state and Fedex picked up on Sep 6 and delivered to them on Sep 7) and pas...
Hi Everyone! Potential newbie question here.A BP user was advertising REO properties in Florida. When I reached out to them they sent me a 3 page NCND non-ciscumventing non-disclosure agreement to be able to share the...
My loan officer (not Penny Mac employee) is working with Penny Mac to secure me a loan on a primary home purchase. We started the process in late March, and we always provided everything they requested within 24 hours...
My wife and I were the buyers in this case. We’ve placed a home under contract later to find out that it’s not a good fit for us. We made the decision to not purchase the home during our due diligence period. Our Agen...