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Hi Tax Pros,I'm a mortgage lender. We kind of have a love/hate relationship, but I'm probably never going to ask you for any sort of letter "guaranteeing" that Sally's business is "guaranteed" to make $X00k/yr for the...
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I'm a new investor preparing to purchase my first investment property soon. Eventually, I would like to place my properties into an LLC, but for now I feel like I need to purchase my first property the conventional wa...
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Hello BP,My STR strategy:
I just started renting my existing residence and in the process of purchasing a primary property in Galveston Tx (Beach House), I plan to AIRBnB 1 to 2 rooms depending if the property is 2-...
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We are purchasing properties from a family friend who had her rentals under the "care" of a horrific property manager. The more I learn, the more I'm shocked to learn of what the PM has done/not done. At any rate, i...
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Does your agent have the qualifications you deserve?
-Traditional Real Estate agent job description: Helps his or her clients purchase, rent, or sell properties. They advise clients about market conditions, conduct w...
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I'm a Real Estate Broker here in North Carolina. I have a Real Estate client who purchased a home as an Owner Occupant using FHA financing. My client couldn't speak English and had to use an interpreter to close the...
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Hello BP!! Looking for a little insight into my current situation on one of my listings. This is my first time having a cash offer on a property and I would like to guide my client in the utmost confidence. If the cas...
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So I have a few rants that I would like to share. I feel like I can move on after sitting on the BP chair and talk about it.Story 1 - 22 unit complex in Houston TXSo I purchased a 48 unit complex about a year ago for ...
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My client wants short-term gains. Either want to fix and flip or fix rent and then flip to avoid capital gains taxes. He has a Non-Profit entity he inherited (Ido not believe this can easily be used for RE Investin...
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I met with a couple recently who was interested in investing on Oahu. They mentioned how their previous realtor told them that purchasing a single family home here (in a middle class neighborhood) would be a great inv...