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An associate says he added a partner into his LLC because she had a nearly perfect credit score, and became guaranteer on business loans and commercial real estate, effectively making it super easy for him to achie...
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Just curious if someone could explain to me how the 20% tax credit works for an old building. My husband and I are looking to invest in a 100 year old 2-story building in the downtown area of our small town. The buil...
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Hey BP,I'm looking to update my "elevator pitch" for REIA Network Meetings and I'm in need for a couple ideas if you don't mind helping me out.I'm no slick city speaker and I'm a way better email speaker, so here's my...
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Hello,According to NOLO's Tax Deduction Guide, the waters are somewhat murky when determining whether a rental property owner is a "business" or "investor." I own one out-of-state single family residence that has ten...
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I have been using an eviction company in 2016. They seem to be too busy to get my evictions done in a timely manner, and have a hard time knowing what the results were once filed. I want to start doing evictions on my...
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Again, without writing a novel explaining the details and reasoning behind this (should be obvious to the experts anyways) - I want to locate properties owned by distressed sellers.
Maybe they're not even selling eit...
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Happy New Year BP community.I just got an email from Zillow rental manager saying that starting in Feb if I have > 1 rental listing I have to pay $9.99 per week for each listing. This is for the Raleigh NC area.An...
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In another thread, @Bill Gulley and I had a brief discussion on underwriting guidelines. Rather than take that thread off topic, I created this one to hopefully further the discussion. The main contention was whether ...
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Regarding small scale rental properties or I believe "buy and hold" is the term used around here (sorry, I'm new to all this).I notice that a lot of investors mortgage properties for 10, 20, even 30 years - whatever i...
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Anyone ever have a great deal (verbal) going with a seller and have the seller consult their attorney about the upcoming transaction and have the attorney steal the deal? I did and it isnt a good feeling. Its what I w...