Chad Huffer
Attorney says residential prop sale is a commercial transaction
So, got a residential seller in Maryland who wanted to have her attorney draft a contract.... I reviewed it and made some modifications to it and emailed it back to the attorney. He responds with this:"It is my unders...
Jerry Poon
Resident of CA with IN LLC. What out-of-state LLC fees do I owe?
I have an LLC in Indiana for my investment properties. It was set up in the last quarter of 2015. The physical address is in Indiana, but the mailing address is in my local area. Can someone with experience and/or kno...
Account Closed
Private lender relationships
Hello, I have a question about fix and flipping houses. I know that out of the many relationships you can achieve with a lender, two are: equity partner and taking a loan from them. Assuming that your lender isn't ins...
Chuck Van Court
A big howdy from Bellevue, Washington
Hello everyone!I have been in technology and finance for over 30 years now, the last 13 years running a small but quite successful software company. My soul mate of 25 years and I live in Bellevue Washington and our ...
James Ward
Short Sale Negotiation Videos
Okay, so I have been working on recording some of our Short Sale negotiations. I putting them together in a series of Blog posts. But, since I have been doing this for a very long time, I am stumped on what all othe...
Julian Sage
Need help for first home purchase
Hello BP community,Am stationed in DC and have been prequalled for 400k with the VA loan. Currently am living in Oxon Hill Md and am renting a 2/2 for 1500. 1700 w/ utilities.We wanted to house hack but there are no h...
CL Ziegler
Expenses, Repairs -vs- Improvements
Hi Everyone,On my last three tax returns my CPA surprised me by prorating several of my HUGE expenses, citing that they were improvements so the full amount can't be claimed on one year's return. (he diviede them over...
Alexander V.
Florida Law: non-specific advanced notice of entering
I just had an interesting exchange...
I'm both a landlord and a tenant in Florida. While I always give specific advanced notice of entering to my tenants (e.g. I tell them exactly what day and time I will be there), ...
Jacob Bindler
Would the buy side agents do this?
Let say you are a buy side agent, and there is an advertising to conduct a 4 hour open house for a seller who sells on his/her own. Let's also assume that you are familiar with the area and have time on this particula...
Scott Trench
Should Entrepreneurs Consider Getting an MBA?
I used to wonder if there was any value in going back to graduate school and getting an MBA. I have a professional background in Corporate Finance and believe that I have the skill set necessary to succeed in a decen...