Jonathan Farber
Is it possible to make referral commission recommending a lender?
Hello BP world. I know you can receive a commission as a real estate agent / broker if you have a license and refer business to someone, but does the same rule apply to mortgage lenders/brokers. Example - you have a...
Nav Madhwan
9 bedroom hotel/motel
Need analysis:
9 bedroom hotel/motel, asking price 765k. Does that fall under commercial, how much down payment is needed. Will it be possible to pull out money from my other investment property. How can this work? I ...
Peter Fokas
car - lease vs buy
Trying to assess whether we should buy a car or lease a car. Breakdown of our current situation:1. we have one car (only need one car)2. we drive less than 10,000 miles a year3. we use the car more than 50% for busin...
Maria G.
Where in TurboTax do I expense a computer?
In what category should I expense a new computer that I bought this year? In looking at the list of expense categories, the closest one I find is supplies, but I know a computer is not considered a supply. I'm not a r...
Judson Laipply
What would you do if you were entering the RE world with $100k
I know that the question about what to do with $100k has been asked with a 3 choice answer but I was curious as to what people recommend someone would do with that amount if they are just entering into the RE world...
P.J. Bremner
SoCal Buy and hold lenders - couple of quick questions...
Hey BP,I have been making tons of phone calls with local banks, over 15 now and have yet to run into someone that is lending non-conventional residential non-owner occupied "portfolio loans". I did run into a guy tha...
Karen Young
Can I deduct a RE course as a tax expense?
Prior to purchasing our first rental property my husband and I took a course to learn the ins and outs of RE. Our CPA says we can't deduct the cost of the course since it wasn't education for our main jobs. This is f...
Bellman Tumasang
How to manage rental properties?
I know that when you buy rental properties it's wise to keep each in its own separate LLC to limit liability and maximise asset protection etc.
However, let's say you have 30 rental properties, 30 different LLC's a...
Sheena Alford
Condos for rental
we are new to this. I want to have this for our retirement. We are looking to buy clothes nods in Galveston Texas for rentals.Suggestions are welcome.Sheena
Ray S.
Newbie. Looking for guidance
I am looking for ways to get started ... birddogging, partnering ... I am not looking to make a lot on my first deals and will provide help in the Denver area for the chance to learn.
I am looking for any other ide...