Lesley Resnick
When do I need to generate a 1099?
Could someone clarify when I need to issue a 1099?1. I hire a contractor to install A/C in my rental.2. I hire someone to rake the leaves in the yard.3. I hire a landscaper to mow the lawn every week.Is an invoice ...
Christopher B.
Should I separate utilities; This means more CapEx right?
I am looking at 2-4 unit multi-family properties, some have separate utilities, and some a mix. The mix is mostly Owner pays water/sewer/trash and gas heat, and tenant pays electric. With the same neighborhoods, the...
James Carr
New To This: Medium Term Rental Contract for a Business
Hi,I have a business that reached out to rent our airbnb out for two months for one of their clients who need a place to stay while their house is being repaired. They agreed to our rates, which is fantastic!But I am ...
Zack Caracciolo
Mastermind Group: Clarksville, TN
Hello BP Family,
I was wondering if there are any other people out there in the Clarksville, TN market that would be interested in joining a mastermind group. I was involved with one of these groups in Nashville, TN ...
Jerome Nunez
Investment Group Financing in Northeast NJ - Set up an LLC before first purchase?
BP, I'm partnering w/ two individuals to acquire our first 4-unit property in Northeast NJ. We've been discussing financing options, specifically looking at FHA (less equity but 1-year owner occupancy requirement) and...
Aaron W.
Real Estate Professional Activities
Where can I find what activities count for qualifying for a real estate professional designation? TIA
Vince W.
Someone sued me for Nuisance-Weeds/Brush
Hi allWe purchased this investment property back in May of this year in Texas, we put it on market and kind of forget mowing the lawn for a couple weeks. Never got any notices from HOA regarding this. But, today I rec...
Jared Born
Pulling cash out of multiple properties
Are there products that would pull cash out of multiple properties at once? Looking for a way to pull some equity out of several free and clear properties with a blanket loan or line of credit. Any input would be ap...
Robert Clifford
issues with blanket loan - need
In 2021, I refinanced some properties with some PE-backed lenders. The loan officers convinced me to put them on a multi-property loan. There were provisions to sell individual properties out, and when I got an offe...
Michael Campbell
Partnering on first deal
I have come to the conclusion that I will have to partner with someone on my first deal. How do you find people to partner with? How do you set up the deal structure? I already have my own LLC and business bank acc...