Gregg Schiff
Tenant Operating a Home Health Care Business in Rental House
We have a SFR rental where we've discovered that our tenant is operating a small home health care business in the house. Their lease expires in a coupe of months and we are debating whether to renew their lease becau...
Petra M.
Pro Forma calculations. %-ages off Gross Rent or Operating Income
Do you use Gross Rent or Operating Income (Gross Rent - Vacancy Losses) to calculate your expenses?For example:$1000 monthly rent.8% vacancy$920 gross rent.Property Management 10%$100 or $92?
Bilal A.
Can self storage facility owner/operator qualify for REP status?
Can a self storage facility owner/operator qualify as a real estate professional if it is their full time occupation, and meet the 750 hour material participation and greater than 500 hour rental real estate activity ...
Martin Saenz
Who has built an Operations Manual for their Note Business?
This past week, I’ve been focusing on rebuilding my operation’s
manual for my company from scratch. For those that know me, they know I’m in a
perpetual state of launching a new company. As for the op’s manual, I...
William Allen
Military Pilot to Million Dollar Wholesale Operation in 3.5 Years
I was recently reminded of a post @Arianne L. did on her success in real estate and when I went to that post again I saw how many people had been affected by it, so inspiring! Then I just happened to look at how many...
Travis Hutchinson
NY Lenders that operate on Appraised Value - Not Purchase Price
Hi all,
I was wondering if anyone knew of any lenders that will lend in New York based on the appraised value of a property rather than the purchase price.
It's an off market deal where CoVid forced the seller to m...
Chris Martin
No need for an operating agreement, just ask a lawyer
I ran across this that came out of the Special Superior Court for Complex Business Cases, Cumberland County, NC.
Preamble: "An old saying declares that “the cobbler’s children have no shoes.” Lawyers may suffer from...
Account Closed
Form an LLC in Nevada and operate out of Illinois?
Hello BP,
I'm planning to build 10+ spec homes in state of Illinois over next a couple of years. The plan is to build and rent and perhaps sell off a few as we go along. I have a partner who lives locally and...
Sam Craven
Any Investors or realtors that operate in College Station TX?
Looking for some insight into the College Station market. Any buyers, wholesalers or Agents from BCS on here? Please send me a PM/email.
Regards,
Sam
Leon Lee
Advice on how to operate my first Airbnb condo unit
Hi, fellow investors
I have been an investor for 4 years and recently I purchased my first airbnb condo unit. I feel a little scared but at the same time excited, as I have been wanting to try this model for a while ...