Adam Hurst
Can I ask for proof of income?
I got this application. I can’t imagine an adoption subsidy that is $10k per month. Can I ask for proof? A few other red flags but this is the main one. It puts this applicant at 6.7x rent. Rent is $2150.
Christina Tsutsui-Tharp
New broker/owner-when do I grow team
I just opened my own brokerage in May in Central Oregon (Bend area, not Eugene) and am trying to decide when is the right time to bring on some other agents?
My long term goal is to have around 7 full time agents an...
James Strawser
My first Triplex North Port Florida
Just wanted to let everyone know I closed on a deal and will be moving in on October 1st. I have a few weeks to get the unit I want to rehab up to speed for a renter to move in on Nov 1st. I am not much of an administ...
Victor G.
Lame duck architect not helping me finish my project design to get final my project.
I hired an architect who design my garage conversion/adu. He does this work on the side of his actual W2 architectural firm job. The drawings were completed and submitted and approved. I have approved permitted plans...
Seth Jacobsen
Lot Splitting and Infill - Boise, Idaho.
Hey BP,Would love to open up discussion about lot splitting and infill. I am in the Boise, Idaho area and have some experience with general building permits, setbacks, parking requirements, etc. However, administrativ...
Natalie Stanley
Opening a real estate brokerage with a non-broker partner
Hi! I am hoping to see if anyone has advice on opening a brokerage where one owner is the broker and the other owner is an investor. I am a rental property investor and have about 35 properties. I am opening a brokera...
Kyle Rice
Do banks factor in trusts or LLC when running debt/income ratio
I have been applying for new loans to buy another property but my debt to income ratio is high because of my existing mortgage on a 4plex. If my 4plex was owned by a trust or LLC would I still have this problem since ...
Account Closed
How do capital gains get calculated in California?
we are selling a property (rental for past 7 years) and need some guidance on how to calculate Capital gain and depreciation. Property was purchased for 210.000+closing costs (about 3.000) in 2001. In 2011 it was conv...
Ronald H.
100% Flash Funding. What other fees am I looking at?
100% Flash Funding. What other fees am I looking at when using Flash Funding to acquire an REO in Massachusetts?
I am operating on a shoestring budget and really must know exactly all the fees that I will have to ass...
Cheryl P.
Home Warranties
I would like to get landlord opinions on whether or not you use home warranties such as American Home Shield, etc for rental properties. Is this something that landlords utilize to reduce repair costs, Do you require...