In the realm of real estate investments, the short-term rental loophole offers a unique opportunity, subject, however, to certain rules and regulations. According to passive activity loss rules, every business is obli...
Hello, my name is Brittany, and I am a new investor here in the Hampton Roads area. I am looking to network with individuals who are also in this area, that are actively investing or getting started like myself (whole...
I have a single family rental in Lawrence, KS near the University of Kansas. Leases typically run August-July to align with the school semester. Can't seem to count on students sticking around for more than a year, so...
Does anyone have recommendations/best practices to share around income verification for retired/semi-retired individuals? What do you usually look for in lieu of a paycheck for someone who still works? Thanks in advance!
The Department of Housing and Urban Development (HUD) issued new guidance on April 4th, 2016 that is going to require all single-family and multifamily rental professionals to revisit their policies.In a decision that...
For those of you who believe the CFPB will not go after small operators, or that MLO's are experts on regulation that can protect you, consider this excerpt from a press release:The CFPB found that David Eghbali refer...
So I understand LLCs. I'm not looking for a lesson on the benefits. I am 1 fax away from having an attorney set up my multi-member entity, Operating Agreement, etc.I also understand the reasons why banks don't like le...
Happy Friday BP crowd! I'd love to hear everyone's practices in regards to managing multiple rentals when it comes to banking/accounting. Do you run each property separately in individual LLCs/bank accounts? Do you ha...
Hello everyone!
I wanted to ask if anyone has participated in Jerry Norton's Fast Track Program. I applied just to see what would happen and got called back for two phone interviews about it and just wanted to see ...
Hi. I've been thinking about investing in medical office for a while, but I'm rather confused by obamacare's potential impact on medical offices. On one hand I do know there'd be more people covered with health insura...