Brenden Mitchum
Insurance Relocation Tenants
Hey BP!
I recently had an agent who works for an insurance relocation company reach out to me asking if they could place someone in our property. The company that has reached out to me looks legit but they are offeri...
Mike Shahi
SFR and Assisted Living
Two years ago my parents brought up the idea of starting an assisted living home. Buy a house, rehab, bring it up to code and move in 4-5 elderly patients. My mother has been a nurse for 30+ years and frequently trave...
Allison Haley
How would your structure....
A friend of mine has 1 business, 3 locations. I have been managing them for 3 years now. She is wanting me to purchase two of them, by assuming the payments at the bank without changing the information at the bank. ...
CJ S.
Business partner wants to breach contract with my blessing
I have a signed contract with several people to be their gateway to free training with a national instructor, as well as a gateway to pre-approved lending on flips. I mentor them in addition to the professional traini...
Daria B.
Out of state tax obligation
I live in Florida - a no income tax state. I have a rental in MD that I have to file a state tax form for at tax time.
My question#1 is for those investing in a state that is a no income tax state (Florida, Texas,etc...
Daniel Dietz
Lenders - How do I show interest in LLC on personal financials?
Hello, I have been working on coming up with a more accurate personal balance sheet (as have my two partners in my LLCs) and personal financial statements. One things we are a bit confused on is how to show the ass...
Will G.
Broker refusing lender request for t12
As if this market isin't difficult enough, the car salesman broker on multi I have under contract, wont supply a T12.Lender emphatically stated he needed the trailing 12 month expense breakdown to move forward on the ...
Christian Nunez
Does anyone use financial advisors?
Hey guys just wanted to know if anyone uses financial advisors for their investments? Does anyone recommend one around in LA? San Bernardino county area would be better. I want to open a LLC.
Account Closed
How to back out of purchase w financing contingency
Looking for advice from any mortgage professionals.. I need to get out of a purchase contract which is only subject to a financing contingency at this point. I basically changed my mind due to recent personal life de...
Account Closed
Really liking note income
Most of my income is derived from re-sales. I cash out of most of my re-sale deals and usually only carry paper in order to solve a problem. However, this year I created two small seller carryback notes as a way of ...