Ill be helping my father-in-law manage a property he has near Hinesville GA.Since I'll be charging a fee for helping him, from what I can tell he needs to put the security deposit in an escrow account.I've seen A LOT ...
I have a question about county foreclosures. I looked on the Palm Beach County Clerk Website. I see some foreclosures initiated by the HOA. How do I know if there are any liens on the property?Thanks
Trying to get a HML to fix and then refinance and then move in. What determines if we can refinance the property besides our income/tax information and the appraisal value?Note- Property is unique due to large size in...
Hi BP community, I am trying to implement Profit First method, which suggests to open multiple accounts; tax account, operating cost account, profit account etc. I cannot find a bank that allows opening multiple check...
I just finished listening to the podcast with Scott SmithI am looking at forming an LLC and I had a couple of questions of everyone who has a ton more expereince than I do:1) How much does it typically cost to form an...
Over the years, it's been told to me over and over that taking the mileage deduction is better than the alternative of expensing a vehicle (forgive me if I got the term wrong.
Recently, some highly successful investo...
At the beginning of last year we owned one single-family home as a rental property, in another state. Last summer, my wife traveled there to look for another property to purchase, found one, and we bought it. She al...
Hello,
I'm hoping I can get some advise and direction. I have a pension in a cash balance plan and I need to access some of those funds. I am not old enough to access them without it being considered an early...
Hey BP Family,
I have found a deal that cash flows nicely but just found out that the building is a historic building. Is this a deal breaker? The building will need some updates per the listing. I have accounted fo...
Hello!
Looking into an investment in possibly Chicago, Kansas city or atlanta. Considering a turn key, nervous about neighbourhoods being C class over B class. Can someone let me know the areas i should be looking fo...