Kim Parker
security deposit return for MTRs
Hi BP forums, We have a house that we are renting as an MTR. Going well so far and I'm honing in our processes. We do collect a security deposit and a cleaning fee. Unless something is trashed or missing I am assuming...
David M.
Best Tax Strategy for $100k bonus from sale of business
A friend of mine works for a small laundry mat chain that is for sale. His boss agreed to a 20% bonus upon sale because he is an essential employee and is responsible for the growth and success of the business over ...
Emily Mohr
Best all-in-one property management and accounting software
Just got my first investment property under contract and it's time to get myself set up to manage the rental business well! I'm looking at the different property management platforms and wondering if there are any th...
Christopher Aleman
Requesting advice on starting an ATM business!!
I have been doing some research online and there seems to be a lot of potential in the ATM industry. From what I understand so far, you make 100% of the transaction fee from the ATM withdrawals. So the plan would be...
Andy Meyers
How much liquid cash do you need to be a transactional funder?
Hell Everyone,
I'm wondering how much liquid cash one needs to be a transactional funder?
Are there agencies or businesses that pool investors' resources to do transactional funding?
Thanks alot!
Jeff Lawlor
Bookkeeping: How Do I Split Personal and Business Expenses?
I have an ADU next to my primary residence and often buy things for both units. I'm using Stessa and looking for the right way to record only the business expenses.Here's what I'm doing:1. Enter an inbound "owner cont...
Ron Burmeister
ROBS 401K vs. SDIRA and Self Dealing & Prohibited Transactions
I am currently using both a ROBS 401K and SDIRA to invest in real estate. I use the ROBS primarily for Fix & Flips and the SDIRA for Private Lending and Buy and Holds.There is a lot of discussion concerning self ...
Blake Mgbada
Commercial Real Estate Agents selling businesses.
Are commercial agents capable of selling the business that resides in the real estate? Back story: I recently closed a commercial transaction. It was a mixed-use property (bar, two apartments). The real estate and the...
Don Ireland
Solo 401k partner on wholesale deals?
Is it ok for me to partner with my Solo 401k on wholesale deals? I'm thinking that I'd set up a general partnership with me as the General Partner and the 401k as the other partner. We would be 50/50 owners.
Dan Funk
Private Mortgage Lender Do's and Don'ts
I'm a newbie to BP...love the depth of knowledge I'm seeing on here.If you keep your quest for private mortgage lenders with people you know...are there any disclaimers or disclosures that "need" to be made to these p...