So I have an investor client who is using a hard money lender offering 7% and 2 points (the "broker" is adding 2 points and a $1000 application fee). They run credit, require 2 year tax returns, pay stubs, 10% down a...
I have never stayed at a short term rental and I have been hearing all about them. So I go on line and look at a number of Short term rentals. I’m a little unsure about how the pricing goes whether the listed price is...
This week I went to the Apartment Owners Association trade show and networking event. Lot of older rich landlords and tons of vendors for everything your land-lording heart could desire. There were engineering compa...
What is a typical loan fee I should expect to be charged by a commercial loan brokerage firm for an apartment building purchase?And would it be typical to be asked to sign a Financing Authorization agreement that has ...
I found an abandoned house and owner passed away a couple months now, but the neighbor said the owner has no relative to inherit. My question is how to find out who is actually holding the property? Where can I go to ...
I have watched a youtube video that the CPA talked about forming a S corp and dump real estate agent commission into the S corp and pay less tax etc etc. my Question is, for most real estate agents, they are not the o...
I did some searching and didn't find much so I wanted to pose the question here. As the subject states, we bought a duplex and after it was all said and done, we had roughly $4,000 in unpaid rent and eviction fees th...
I have been in the real estate game for 10+ years as an investor/agent/management and have recently been approached to be a partner in developing about 100 acres into a residential neighborhood and starting a developm...
What are your tax implications if you set up a LLC in your home state, but primarily buy RE in other states? Specifically for buy and hold REI. Would you owe any taxes to the state where your property is in? Or sim...
Want to learn how to create generational wealth? You know, the type of wealth that your children’s children’s children’s children can rely on. The type of wealth that allows your family to live a life of financial fre...