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There are lots of books and posts that praise the use of systems and processes to run your Real Estate business and I am big fan. What they don't often cover is how to document your systems.I have used spreadsheets, w...
Can anyone tell me which documents are required for a licensed agent to manage rental property?And can tenants pay the owners directly or must all moneys be held in a brokerage trust account?Thanks and have a blessed ...
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Hi BP,A family member has finally accepted to be my private lender and loan money to my LLC.What do I need? Is there a specific document do we have to sign? Does it have to be approuved by an attorney? Any declaration...
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If I opened a separate Chase bank account that is strictly for deposits and expenses related to my single investment property, for tax write-off purposes how do I document cash expenditures to a contractor doing repai...
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Quick question, when initialing documents on behalf of an LLC, do I initial my name or do I have to add my title and the company name?
I’m initialing the bottom of a Commercial Purchase Contract.
Thanks in advance ...
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I need help with the lender documentation for doing personal mortgage finace as a private lender. The borower is buying home in Texas. We want to make sure the documentation is done in complaince with Texas Mortgage f...
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Hi,
This is a dumb question with probably a simple answer but I'll ask it anyway!
Let's say I set up an LLC called ABLE. This LLC will not have any real estate in it but will hold other LLC's that own real estate (...
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BP Community,I'm in the closing process of 3-unit multifmaily property. I've been thinking more about document collection, rent payments and bookeeping services and if there are any one-stop shops for the above. Does ...
Hello, I hope everyone is having a great Sunday. I have worked in Finance my entire professional career. Starting out as a credit analyst for BB&;T, I spent my younger years reading through 10Ks, 10Qs, financial s...
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Anyone recommend any log book template for documenting the 750 hours required for qualifying as a real estate professional? Any software programs available to help make sure all pertinent details are recorded that a ...