Varinder Kumar
Notes Servicing (Sierra Crest Capital)
A friend of mine has purchased a 1st lien position performing note from https://sierracrestcapital.com. Has anyone heard of this company? and also what is their incentive to service notes. Basically my friend said Si...
Eric B.
Copy of Lease to Start Trash Service???? Really?!?
Just got a call from a new tenant starting her services at one of my new rentals. The waste company wants a copy of her lease to start the service. Really? I have never heard of such a thing. A year ago this same ...
Jeffrey Gordon
Removing a Unit from Section 8 Voucher Program
We are looking at a attached Row House that is SF rental by current owner and in Section 8 Voucher program.
From reading a few articles here on BP it seems that Local Housing Authority probably supersede ...
Isaac K.
Real Estate CPA who can do LLC tax filing
Hi BP,All the brand name CPAs like Provisions, Mark kohler or evne Clint Coon's firm charges around $8K-$10k for LLC real estate tax filing. Those are famous firms and I know those are also for big busienss people. Fo...
Glenn McCrorey
What do Flippers do with the profits?
When I watch TV shows about flipping houses and the big profits they make, I wonder if they are paying taxes as the go, or using 1031 exchanges on every one. My wife is a realtor and about half of what she makes goes...
Dan Liptak
VESTING IN LLC... WHAT TO DO?
Just won my auction and contracts are out. This is going to be a flip investment and I will be vesting title in my llc. I have never put property in LLC name is anything special required at closing to show I am the ...
Antea Alexander
Is it worth it to be a LLC?
Should I become an LLC? Pros and Cons? I have two rental properties in Massachusetts. I am wondering if my legal responsibility will increase if I get a business license?
Josh K
Agency/Disclosure Question
As a licensed real estate broker, I know you must verbally disclose to a seller that you are an agent. But if you work with an unrepresented seller (ie an FSBO seller) as the buyer in a transaction, are you creating a...
Matt A.
Markets which don't offer good income producing rentals
I am new to REI. I live in Seattle and am interested in buy and hold. My market has variable price points of entry...for those who know the area, comparing Alki Beach to Renton/Burien.
It seems that rents and property...
Spencer Gray
Will Preferred Returns Compress with Yields?
Hello BP community of multifamily investors, owners, operators, syndicators and managers. I'm curious to see what everyone is seeing and your thoughts on where preferred returns offered to limited partners are headed ...