Winston A.
Purchase cost relating to Loan
Hello,
I bought a building for $200,000, and was wondering if add the purchase cost to the building before OR after the allocated building % is applied.
VERSION #1
Purchase Price: $200,000
Purchase Costs: 5,...
Maneesh Joshi
Philly Tax Account number
Hi All,
Just looking for some general guidance. I am in the process of applying for the Philly Tax account number online (to get a rental license) and one of the screens ask which business taxes apply to you. I kno...
Jenna Columbus
New Tenant Screening, do you make the applicant pay?
Good Morning Everyone, I wanted to learn what other folks are using for tenant background, credit and criminal checks. Our current process is thru a website called Avail and that has been pretty smooth but the appli...
Jim Cran
Appliances - Capital or Expense
The appliances in a duplex I bought are going to be replaced. Would love to write it off next year as an expense but wondering if that would raise a red flag with Uncle Sam. What do you all do? Capitalize? Or Expense?...
Bradley LaBrie
Best tenant screening company?
I used Smart Move by TransUnion for my first couple screenings. However it appears they only have the $40 option to bill the tenants and I’m wondering if someone has a viable option at $25 or so that will allow me to ...
Jared Schofield
How to use a Fannie Mae loan
If you are married and want to use Fannie Mae loans do you have to apply for them jointly or can you fine for 10 loans a piece? Have any of you done something like this and how did it go?
Alfred Harris
Non Profit looking to create Transitional Housing
Hello,Me and a partner are looking to start a non profit organization for at risk/ abused women. Thinking of buying a 6 to 10 unit property. My question is, I want to apply for government grants to help purchase the p...
Kevin Vincent
Commercial vs Conventional Loans
Hi Everyone, I know the when applying for a conventional loan it is required to show proof of funds at a minimum of 60 days out from the time you apply for the loan. For example, if I'm buying a house and will be putt...
Shawn Ed
Tenant Credit and back ground screening
Can any one suggest good tenant back ground check and credit check companies for landlord with one property.
George Willaman
18 y/o (no credit) looking to get into real-estate
Hey all,I haven't been a registered member of BiggerPockets too long but have been reading it's content and learning about real estate for some time now.I'm 18 (just graduated) and run my own business/data-brokerage o...