This is a topic with many opinions, many are just wrong missing the underlying requirements for the different licensing issues related to real estate ventures.
Areas where licenses may be or are required include, but...
Hey BP Community, hoping you can help me out...The Set Up: Buying my 2nd buy-and-hold rental property, and this time I've found a relative who's willing to lend me $75k to finance the deal. Having never done this bef...
What would BP members consider a reasonable management fee for a NNN property. Could be industrial or retail. Both properties have stable long term national tenants.
I own two properties with family members...
Hi Guys,I am 72 hours away from closing on a home, and my mortgage company is demanding a "comfort letter" attesting to my self-employment. The CPA who filed my taxes won't touch this and they just rejected another CP...
Hello fellow househackers!
Two questions for the group in celebration of tax holiday cheer.
1. Does your tax preparer have you use a 1040 schedule E or 1040 Schedule C?
2. Which portion of the tax code do they ref...
If you are interested in mobile home lending as I am then it is time to face the facts that we cannot continue business as usual. The Safe Act only woke me up to the myriad of laws that we should be complying with an...
Hello BP!
I'm interested in hearing your thoughts on what qualities and skills make a property manager truly stand out. Whether you're an experienced investor or just starting, having a reliable and efficient propert...
This is a question for my accountant, but since he's on vacation this week I wanted to see if anyone has had a similar experience. Here's my dilemma: I have struck a deal for a seller-financed acquisition of a mob...
Hello BP! I'm working remotely for a REI company and we've got a project going in San Antonio. So far we've been able to get a foundation guy in to do some work, inspection, etc. and a few contractor bids are tricklin...