John Thedford
Disclosure Of Member Of RE Brokerage LLC Required In Any Transaction?
Scenario: RE Brokerage is set up as an LLC. Members of the LLC (not managing members and not licensed as agents or brokers) want to buy, sell, flip, etc properties some of which may be discovered through the RE broker...
Monica Kovalsky
Quickbooks Online for Rentals with Multiple LLCs
I recently converted to Quickbooks Online for 2 main reasons: 1) peace of mind in case my computer decides to crash 2) may eventually hire a virtual bookkeeper so thought online would be easier. I thought I could jus...
Ben C.
ROI calculation help needed
Hello,
I have a question about calculating ROI for a flip.
Can you please let me know how closing costs factor into this calculation?
What is the calculation you use to analyze the deals ROI?
How does the calculat...
Rob Strawder
Owner finance mobile home in park
All, I'm buying a mobile home in a park with seller financing. Would someone please describe the necessary steps that should be taken to safely and legally close the transaction, including steps to make monthly paymen...
Timothy Lewis
CPA vs. RE Accountant vs. RE Attorney for Tax Planning???
Hello BP World!When it comes to handling Real Estate tax, I consistently hear 3 different titles of tax professionals/specialists thrown around: RE Accountants, CPAs that specialize in RE, and RE Attorneys. I'm lookin...
Karen Smith
Long-Term Lending Partners: Who’s on Your List?
Do you focus on building relationships with a few reliable lenders, or do you keep your list broad? I’m curious how others approach finding lenders for consistent funding opportunities. Any tips for building a solid l...
Mike Girard
Insurer is "not admitted to transact business in the Commonwealth
I am considering a Builder's Risk policy that my agent has secured through Tapco, a company in Long Island. The policy will be underwritten by Lloyd's of London. At the top of the quote it says this:"The insurer with ...
Khari Harper
RE
How is it possible for the Agent to make money off a short sale? I am very confused.
Jill Dolnicek
Sell a non-cash flowing property?
I purchased a 2 bed / 1.5 bath condo in Claremont, NH in June of 2021. It was my first investment property and I may have not paid enough attention to the numbers because I was anxious to get my first property. Now, a...
Tony Marcelle
I have bankruptcy leads. Now what?
I have a list of dismissed bankruptcy leads for Chapter 7 and Chapter 13. I want to send direct mail out to these leads. Who exactly will I need to send mail to? What does my letter need to say to people who have been...