Christopher R.
Tax Implication of a Management Fee
Hi All,My CPA is questioning whether a Management Fee that I am claiming deduction on is appropriate if I am not acquiring these services from someone else. IE, I'm setting aside 10% of total rent as a management fee...
Arran Cooper
New Investor Introduction - Washington, D.C.
Hello all,
My name is Arran Cooper and I'm a new real estate investor based out of Washington, D.C. I've been a commercial mortgage broker going on 5 years now and, after working on financing numerous commercial rea...
Keith Sagun
Certificate vs License
What’s the difference between having a certificate in real estate vs having a license ? I was planning to get my certificate first and then the license eventually, but is it even worth to go for certificate first ? Or...
Travis Lewing
Missouri pet fee/deposit
Hey BiggerPockets.I have purchased a property and inherited some tenants. When I first walked the property and met them they did not have pets. In between then and the time to sign a new lease with me, they have acqui...
Adam Scheetz
How to setup a Self-Directed IRA as an LLC?
My strategy for investing includes Buy & Hold, financing flips, and of course Lease Options!How can I best setup an IRA in which I can own an LLC to purchase and acquire properties, that are LLC's themselves?Sorry...
Hamad Khan
Same floor color throughout rental units?
i am considering renovating 10 rentalunits...what do you recommend regarding following?1) should i use same COLOR LVP flooring in all units, including rooms kitchen and family room? Will be easier to maintain in futur...
Tim Siocheng
Paying off rentals using other rental equity.
Hi BP community, i am seeking an advice on what the best course of action to take on my rentals. I came across the mortgage company amerisave and they're able to refinance my investment properties debt at 3.125% apr. ...
Christian Ehlers
Scaling the Business? Playing Too Small?
Hi BP community! I'm 24 and run a Short Term Rental out of state and am also looking to acquire a few properties by househacking where I live the next couple years. I also want to continue to buy Short Term Rentals at...
Mason V.
What do private lenders and potential partners want to see?
I wasn’t sure if I should post this here or in the BP Marketplace.I am planning on acquiring my first property, SFH or MultiFam, before June 2015. Ideally I would prefer to do this on my own. However, if I can’t get a...
Allen Proctor
Real estate license
Id like to know if it would be benificial to have a Real estate license if you just plan on being an investor? I'd like to get licensed just because, but is there any real benefit besides an mls account? If so, can s...