Ken Rishel
Small Seller Financier versus CFPB - DOJ
The Feds recently settled a fair lending lawsuit against a seller 4inancier. This means that, once again, a attempt to use disparate impact evidence to establish that a lender engaged in a “pattern or practice” of ...
Jason Thomas
Real Estate Professional Status
My husband (high W2 Earner) and I have 16 doors that we self-manage. However, I have an opportunity to manage for a company 24 hours a week at a small apartment complex of 56 doors locally. My question being, if I ask...
Jeffrey Coleman
Hotel Ownership
Hello BP,Does anyone out there own or know anything about operation expenses for a Hotel? I realize the salary, maintenance, and seasonal expenses all vary depending on location, class, and number of units. Is there a...
Gene D.
Indianapolis job cuts
Hey guys, wondering what the locals think will be the impact of this from, here is the article from IBJ:September 6, 2016Hayleigh ColomboCarmel-based for-profit college operator ITT Educational Services Inc. announced...
John Walter
Are We Entering A Global Economic Recession?
There is no doubt we are living in unprecedented times. COVID-19 has undoubtedly thrown a curveball in all of our plans, at least in one way or another. My question is, are we in the beginning of another major economi...
KC Conti
Managing Properties My Own vs Others
Good Morning Everyone,
I have a bit of dilemma that I need help with, if you please. I have owned and managed a fourplex for a little over a year now. I actually LOVE IT. I love typing in my spreadsheets, taking car...
Lacey A.
Pros/Cons to renting to a corporation
Hi there,We had a REALTOR reach out to us hoping to place his clients in our rental home. The tenant(s) are employees of a big foreign company that we've all heard of. The agent tells us that the company will guarante...
Joshuam R.
FL SMLLC > EIN > AS INDIVIDUAL OR CORPORATION
Hello all, will be continued full time W2 employee but also starting new LLC single member. Next hour or so will register EIN with IRS, best selection I have found during discovery is to establish it as either 8832 or...
Troy P.
RE Professional Status for Spouse
Hi all,
I believe it is common to have a situation where one spouse brings in majority of the W2 income and the other is either a stay-at-home parent, works part time, etc. and they can easily qualify as an RE profes...
James Martin
Fired!
I had an good employee that made a bad decision.It is always the most trusted employee that have more opportunity to commit theft. Anyway, this guy have been
with us for several years, loved his work and he knew our ...