Masashi Borges-Silva
Reducing W2 income tax by actively participating in real estate
Background
I am not a Professional Real Estate (yet) as I am working as a full-time engineer, and I don’t meet 750 hours of services during the tax year in real property trades or businesses in which I participated. ...
Cody Lewis
Feedback Needed on Automated Messages
For the property my wife and I bought/took over, I looking to update the automated messages for guest. Currently we have one sent out at the time of bookings with a thank you and parking instructions. Below are some t...
Dan Krause
Use EBay to assign wholesale contracts?
Has anyone ever done this? Successfully? Can anyone think of how the assignment process would work using EBay as a wholesale tool? Thanks, Dan
Jared Smith
My realtor is working as a “Non-Agent” Is that normal?
I am reviewing the offer agreement that he realtor I’m using wrote up and sent me to sign. As I read through it I noticed that he marked himself as a “Non-Agent to the Buyer.” Is this normal?
Christian Bors
New lead motivated seller, I need short sell advice
Hello,A lead came in today from a gentlemen who wants to sell his house immediately. I went out to the property this afternoon, and I would classify him as extremely motivated (aka he offered me the keys). The probl...
Gloria Dulan-Wilson
DEALING WITH REALTORS AND FINANCIAL QUALIFICATIONS
I recently signed up as a PRO - ll/2/16 - And have been identifying properties that I want to BRRRR - BUY, REHAB, RENT, REFI AND REPEAT - Per Brandon Turner's formula. So far my sources have been via the MLS - but I ...
Brian Larson
BRRRR Calculator/Analyzer
I am not sure if this is the right place or not but I have recently bene going at the BRRR strategy exclusively and have build a spreadsheet that lets me quickly analyze a deal that comes across my inbox. I hope this ...
Dan Becker
Legal/Tax Suggestions for Seller wanting to preserve step-up tax shield benefit
Hi All,I am looking for deal structure suggestions on a unique situation that involves a home held in trust.I have a seller who owns and rents out an SFR that has an FMV of $~2M. He and his wife hold it in a revocabl...
Justin C.
Preparing for 1st Rental open house this Saturday
I have read through the numerous rental open house posts here on BP and didn't see this covered. I will have approx. 20 copies of the application as well as 20 copies of what I'm calling "Important Lease Notes" where...
Nicole A.
Landlord next door says my roof causes his roof damage
Recently, the owner/landlord of the duplex next to mine reached out to me. He informed me that he recently did repairs to his roof and that apparently two roofers said that the pitch of my roof is channeling a large a...