Hi friends,I want to start put together a term sheet that can send to potential limited partners (LP/investors). I was hoping to find a typical set of legal documents including a term sheet, a partnership agreement, t...
Hello,My current flip will take longer than a year, about 18 months. Can I still deduct all renovation costs from the profit in regards to paying taxes on the profit. I have all cash in the property and for renovati...
Anyone ever used an unsecured line of credit to purchase a property?
I am looking for a property management company or person in Detroit... any recommendations? Thanks
I just passed my real estate test but don't have a sponsor broker yet. I'm interested in rehabbing and don't want to do full time real estate. My goal is to minimize the broker commissions and overhead costs that co...
How do you account for closing settlement charges and expenses such as escrow fee, title insurance, wire/notary fees, recording fees, items payable in connection with a loan (on the seller side), appraisal fees, etc.....
I’m stuck at trying to land at my first deal. Have almost the full down payment ready for a single family home in the area but something seems to always come up toPush the savings back down or life happens and struggl...
Does anyone have any recommendations for book keeping services and/or accountants that you've worked with in your REI business? Preference for services that are local to the Twin Cities over a self-directed program. T...
Hi there, I am new to the Bigger Pockets forums and want to buy my first Investment property, ideally a 2-4 multifamily property I would buy and hold with long term renters. I live in Los Angeles so I wont be buying ...
I'am relatively new to USA flipping business but have a strong experience in other countries with a different kind of accounting/tax systems . I have looked through the search but have not found something correspondin...