Tom Anderson
Help with form 1065 schedule L
Started LLC in Nov 222 member unrelated LLC deposited 24k into business bank account and 12/1/22 bought first property and year end balance is $2402 ( all expense were downpayment which included closing costs and ban...
Ronald Roetsel
Unreliable Management Company (Co-op)
I hope some of you who have experience dealing with co-ops and their management companies (especially in NYC area) can give me a hint how deal with the management company who for years deliberately makes my life diffi...
Brady Mullen
Interest Rates in One Year
What
would I do if I knew where rates would be in one year?I'd like to make a simple argument. I'd buy either way. I know this sounds a little too simplistic, but I literally sold my financial practice after 18 yea...
Manco Snead
Speed Queen Washer in a Rental?
Greetings,Debating here; need a washer/dryer for a class B unit of a duplex. I generally like quality up front, then you don't have to mess with it as much. There are Maytag, Amana, Whirlpool type home-use washer/ dry...
Medina Norris
Questions on mortgage notes
I was in a meeting and the subject of purchasing notes came up. Someone please explain what does it mean to purchase mortgage notes and how do you do it?
Account Closed
A question about realestate.
Hello everyone. I want to ask a question to anyone out there who have been successful at purchasing a property home with tenants and make a profit off of it.First, I'm a complete newbie. I layed out a plan for the fut...
Evan Stalcup
To LLC or Not as a RE Agent
Hello BP community,I am curious to know how many real estate agents form an LLC to receive their commission check from their broker when closing deals? What are the benefits/disadvantages of owning an LLC compared to...
Martin Vehlow
First Post - Advice on how to Finance Deal
Good evening all,I've been reading the forums for several months and have been so encouraged by the success stories and education in the community! Just started listening to the podcasts and have been learning a lot t...
Isi Nau
New STR Law in Honolulu
Honolulu recently passed a bill that gives some pretty intimidating enforcement teeth to an existing law, which takes effect Aug. 1st. The existing law states that STRs are only allowed in Resort zones or if the unit...
Michael Batts
Lady Called Cops on Me for Cold Calling!
Soo...I've got a tax delinquent list. I've been going down it making cold calls asking the owner if they'd be interested in selling.
Some lady got sooo mad, she cursed me out and said I was harassing her. Mind you, t...