Kellee Dankiewicz
What questions do you ask your contractors?
I am putting my list of local contractors together. What questions do you ask of your potential contractors?
Helen Chong
Who handles Freddie Mac Loan Assumption
I am currently purchasing a property that has a Freddie Mac loan assumption available with 4.82% rate, 9 years remaining and 30 years amortization. The income and LTV can cover another 2nd loan as well. I am wondering...
Issac Phillips
Itemizing Fixed Cost for a wholesale transaction
Hello, I am a new wholesaler preparing to launch my first marketing campaign. But before I do, I’m still unsure on how to find the exact figures for the itemized list of Fixed Cost in order to accurately calculate the...
Account Closed
How do i record a loan payment in Quickbooks?
As a note holder, when I receive a note payment from my loan servicing company it is net the borrowers loan payment minus the loan servicing fee. How do I record this in Quickbooks?
Example, the loan payment is $100...
Zoey W.
I HOPE I am misunderstanding this... Colorado now limits tax deductions!!????
I hope I am misunderstanding this regarding new tax law in Calirado... sorry I meant Colorado...."Effective January 1, 2023, single filers are limited to $12,000 and joint filers are limited to $16,000 of deductions. ...
Lorraine Hadden
Is There Such A Thing As Too Much Curb Appeal?
Recently I toured a home that I was listing. Upon arrival I noticed the curb appeal and thought it was overdone (of course, I initially didn't say anything to the owner). I know curb appeal is important, but is it pos...
Account Closed
Buried oil tank in the back yard for pool heater.
I am rehabbing a house that has a buried oil tank in the backyard. It is not needed anymore. The house is in Pa. I popped off the fill lid today and it has about 1 inch of fuel left in it. It has probably been in ...
Lane Babin
Must-ask questions for first meeting with CPA
I'm preparing to open an LLC so that I can dive into REI. As part of this preparation, I am meeting with local CPAs to introduce myself and interview them for a potential fit for assisting me with tax related items. ...
Adam Allard
Why is CapEx not a part of operating expenses?
I'm reading an article, Top 21 Real Estate Investing Terms and Returns with Formulas, on some basic terminology. The author goes over what operating expenses are and lists examples, and everything seems normal expect ...
Brad Kanouse
Due Diligence checklist
Hi all,I am new to the investing scene and am making a spreadsheet/checklist of tasks and due diligence that I can refer to when I go thru the process of BRRRRing. What would you make sure is on that checklist?