Because of the long arm of the California Franchise Tax Board and what they consider doing business in California, my LLC will be deemed to be doing business in California, since I'm managing the LLC from California, ...
I recently joined BP after completing my Texas real estate license. We have done several rehabs and have owned one rental. Last year we took a break from real estate investment to learn more about the real estate fiel...
Hello all. I used the BP search function and there's a lot of great info on the topic buy I'm left with a few questions if somebody can answer. 1. When buying the 2nd lien, can you contact the senior lien right away f...
I good friend and I have discussed flipping houses before but never created an LLC or invested. He has attended some auctions and saw some interesting properties. We have finally come to a point where we are ready to...
This isn't a question about which software to use, or how to setup Quickbooks. I'm committed to trying Quickbooks Pro Desktop for Windows to handle the books for a 12-unit property I just closed on. I have a specific ...
This week's Tuesday Tip is for anyone still doing their bookkeeping on a Google Sheet or Excel file. Bookkeeping is an essential function to any real estate investor's business, the reason being is that when done righ...
Can a commercial lender require tenant tax returns as a condition of financing a commercial real estate deal if that tenant is not a party to the transaction beyond an existing lease agreement?
I'm looking for a CPA who knows about real estate here in phoenix. If you can recommend someone you use that would be awesome.
John Lee, a new investor from Southern California. Currently own one rental property and looking to expand rapidly! My goal is to generate a 6-figure passive income within 5 years. I have been soaking up information h...
I am looking to buy a labtop computer to use for my business and pleasure. I was contemplating buying a google chromebook. I would mostly use it for emails, browsing internet etc and I am not really concerned with s...