Adriel Cisneros
POF Letter when you wholesale a property with listing Agent?
How do you provide a Proof of Funds Letter when you intend to wholesale a property with a listing Agent? Which realtor (i.e. buy, sell, etc.) will most likely request the document? Some forums suggest requesting a POF...
Gabriel Miller
Emerging Markets: How to find them. A book that "helps".
I am looking to invest up to $200K cash in apartment buildings anywhere in the US. I am struggling to down select markets to build relationships in so I can get deal flow.In 2008 David Lindahl published "Emerging Rea...
Todd Groom
managing multiple properties with one app
I wasn't sure how to even search for this question. Currently, we are using Stessa and Cozy for our units. We have at this time 2 properties with 5 units with the first owner. We are purchasing a third property that h...
Kerns Churchill
Travel Expenses and Tax Deductions
Hi Everyone,New investor here. Just bought a SFR rental in Mesa, AZ and I am already doing some tax planning. I live in California, so I plan to drive to my rental property and I had a question regarding travel expens...
Duke Giordano
Multifamily Syndication Market parameters and where to find them
Hello All,In evaluating a particular market when looking at multi-family syndication, what in your opinion are some of the most important market parameters (some I outlined below)and where can one find this info, pref...
Walchli Donna
How to report income on hard money bridge loan repaid to me?
Q1: How do I report the interest passive repayment interest income from a hard money-bridge loan I made to a flipper?
Q2: How do I report the profit and expenses from the sale of a flip?
Michael Upshur
OCC’S CURRY WARNS BANKS EXPOSED TO “FROTH” IN MULTIFAMILY MARKET,
OCC’S CURRY WARNS BANKS EXPOSED TO “FROTH” IN MULTIFAMILY MARKET, DISCUSSES FINTECH.Reuters (5/16, Lambert, Crimmins) reports that on Monday Comptroller of the Currency Thomas Curry spoke before the Reuters Financial ...
Chris Seveney
New definition for accredited investor
SEC published new guidelines for definition of an accredited investorhttps://www.sec.gov/news/press-release/2020-191
Umang Rajyaguru
Real estate rookie, a complete begginer
Hey guys,
Myself Umang, since last 2 months i have been researching about getting into real estate as a business from investing point of view. Have so many questions that pops in my head while listening to the podcas...
Quito B.
I'm tired of being poor. I'm ready to make a move now.
the statsHey everyone,I'm 25 years old. COVID has challenged me in ways many aren't familiar with. First, I've never held a full-time W-2 job. So much for the stories I was fed about going to college for a degree that...