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So I had a buyer and his financing allegedly fell through. Left me holding two vacant units I gave that I gave notice to and moved on before deal fell apart, now thanks to novice buyer I'm left holding the bag.I have ...
Hey,I run a successful property management business, but I've been thinking of getting my Real Estate License. My only issue is since my property management company is already established I wanted to know what to look...
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I've been in the retail banking industry for a couple years as a Branch manager and meet alot of people day to day who need help with mortgages, refi, home equity. I've made alot of connections and I've meet alot of p...
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Hello BP agents!Who out there is building their sales business by stacking on top of their investment business?Listing the deals that aren't a fit for off-market - either bc of the seller's situation or fit for your ...
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Hi everyone, just wanted opinions of this community. I have done 3 deals using a mortgage broker recommended to me by a real estate agent (who I no longer utilize) This mortgage broker was a little shakey on the fir...
If you were hired as a disposition manager for a wholesaling company, but are also a licensed agent, how would you structure your business to best leverage your positions? While at the same time working within the law...
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Hello all on BP, my question is this. My wife and I have started an LLC and have the documentation from our lawyer, but getting conflicting information on how to start the process of building credit for our LLC.
The...
Hope you're all doing well today.I'm currently a full time house flipper/ real estate investor, but am interested in starting my own brokerage firm in part to reduce the costs of my flipping business, but also to have...
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Assuming the family member you would be partnering with has applicable knowledge or skills (for example, is a contractor and knows the target area well) and both partners intend to treat the rental property as busines...
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Hello everyone!
I'm reading a lot about passive vs non-passive rental activities and cannot really find a clear explanation.
This publication from the IRS says:
1. "Material Participation: A trade or business activ...