I jumped the gun on my latest short sale, and may have shot myself in the foot.
Got the deed, recorded it. Sent the SS pkg to the bank, hardship and numbers were solid. Controlled the BPO, it was favorable. Made a ca...
One aspect of real estate that people don’t always appreciate fully is the favorable tax treatment that real estate investors enjoy.Investors who care only about an investment’s returns miss the very real benefits of ...
I'm writing a series of articles and I'm interested in getting some quotes and insights about the North Carolina market.Why are you excited about this market?Is it the next ____?Where is the opportunity LTR? STR? Both...
After running credit/background checks, verifying other info on the application, I did my own online search. Applicant names were found online on website for courts in the state they moved from a couple of years ago....
what is the 50% rule? what is the 2% rule both in page 2 of the reports?
Any recommendations for business checking accounts for long term buy and hold LLC?
I have tenants who have been in for one year and thus far they've been great. I don't want to get complacent, so I was wondering if anyone could share a story where a tenant was great for a year or two and then change...
Hi There BPers. I'm looking on a deal that has 8 units divided between 2 Fourplexes. Assuming that the 2 Quadplex are on 2 separate titles, I have two options to finance the deal. 1. Is to have the 8 units considered ...
So this is a fairly simple situation, but need some clarification on the financing. We are closing on a house that I'd like to keep as a rental. Its contracted in our LLC name. We are paying cash. Our local bank is le...
For tax purposes Airbnb wants to know if you are a US person or entity (W-9) or if you have a tax ID number (W-8ECI). Income is income regardless but what reasons/benefits would you choose one or other? Liability? I h...