Davion Smith
Real estate License is it worth it?
HelloI wanted to get some input on getting my real estate license. I have been hearing that getting one will provide more resources that could help me grow as a real investor. I have the opportunity to pursue a licens...
Lenny Figueroa
BRRRR strategy in Bakersfield
Anyone doing the BRRRR strategy in Bakersfield? I’m looking at a couple of homes and wanted to get some insight on anything I should know before I start investing in Bakersfield. Thanks!
Kelly Goodman
STR advice/recommendation in Corolla
Hi, I’m new here. I’m a realtor & own a long term rental property. Completely new to the STR game. I’m considering purchasing a home in 4 wheel drive area of Corolla, NC in the OBX. Wondering if anyone has any adv...
Tiarra D Taylor
1099 S form. Gross sale in wholesale question???
On a wholesale deal. $50k total sale, $11k profit. Double close process. 1099S form says $50k gross proceeds. Is wholesaler responsible for taxes on the whole 50k even though $11k was all they received???Or should thi...
Ray J.
Tenant credit check without SSN
Hi All,
If I want to rent out a place to a young couple one of whom is working but the other is not working and has no SSN, how can I run credit on the one without SSN ? On top of that, what can I do to minimize the ...
Jude Cineas
New & Experienced Agents - What's the most annoying part about being a RE agent?
I'll go first.....1. THE UNPREDICTABLE WORKLOAD Am I the only one who is experiencing this? I keep a consistent schedule but theirs always something new that pops up. What are your thoughts?
Gina Shumway
DSCR or other loan on BRRRR property
I am only a few short weeks away from completing my first BRRR! I am now on the search for a lender to refinance cash out. Some general infoLocated in Chattanooga TNMy LLC owns the house outright (paid cash). Not sure...
Kalyan Kumar
Dormant 401k account with previous employer
Hello,
I have a 401K account with my previous employer in fidelity. It has a balance of 80,000. I am not contributing to it from last year , its dormant. It’s invested in “92204E886 VANGUARD TARGET 2045”. I contribut...
Anna Sam
Talking to property management companies. do they get to keep late fees?
Hi I am talking to property management companies to manage a property I own in central florida. One of them had a clause in their agreement that they get to keep the late fees. I thought that was pretty weird since th...
Austin Shively
Bank count for Forming an LLC with Partner
Hey there BP people,I am in the processing of forming an LLC with my father to buy and hold rental properties. I currently have 2 properties in my name but the next property I buy would be under an LLC (In North Carol...