D'Andre Brumfield
Would I need an LLC for this situation?
I have been in contact with someone who is a close friend of mine who has agreed to help me get started in RE fixing and flipping. Long story short, I would be giving them a percentage, (25-50%), of the down payment o...
Shane Mcc
Pros/Cons of Hard Money Lending?
I've been combing through a lot of hard money loan questions people have been asking the past few years and a lot of the questions often come from the perspective of someone trying to obtain a hard money loan. I know ...
Ryan H.
RMD's as Qualifying Income
Hello, I'm beginning to explore purchasing my first property with loan financing. I do not have much employment income, but I do receive Required Minimum Distribution (RMD) income from an inherited IRA account (from ...
Melissa Salinas
Referral fee for buyer of cannabis biz in NV?
I feel that it would be fair to receive/be offered a referral fee for referring a buyer of a cannabis business (in NV) to commercial business broker but 1. Does referring agent have to ask the receiving agent/broker f...
Joe T.
How to account for rental income with Property manager expenses?
Book keeping question - how would I record full rental income if I don't actually receive money from the property manager?
For example - For January I receive $1000 of rental income and incur $1100 for misc expenses ...
Sanju Walia
Guidance required for MF Settlement Process
Hi Team, I am getting started in small MF commercial, residential apartments. I need guidance to understand the settlement process. I have already put in the LOI. If the offer is accepted, I understand that I need to ...
Matthew A. Bowry
Waterfall Return of Capital Timing
After a preferred return is paid, is it typical to pay all of the investors investment back before the sponsor starts receiving the promote?
Angelo Lelievre
Direct mail campaign Atrocious !!! Need Help Please
Hello Bp nation,After being on the site for a year and educating myself I decide to jump into wholesaling full time. I Just sent out my first batch of small yellow text postcards using yellowletters.com to about 1200...
Chris Collins
Return OF capital vs Return ON capital? (Syndication LP Investor)
As a passive investor in an apartment syndication, you receive distributions along the way, then a larger chunk if/when the property sells or is refinanced.These payouts to the investor are typically deemed either "Re...
Jason Tassinari
Anyone know Virginia's "Service Animal" laws ?
I'm reading a lot about tenants and prospective tenants trying to skirt around "no pet" leases / rentals by claiming that they have "support animals" ..
I am in Virginia and wondering if anyone is familiar with how ...