Allison Lander
Selling Gas Station in process - One question
Hi All
We are selling our gas station/property and provided the buyer with the past 3 years business tax returns and are doing an inspection, but I received an email form the buyer saying their banker is asking for m...
Tim Roberts
Annual Maintenance for LLCs
I recently received a notice from my attorney that its time for my LLCs annual maintenance. The fee which included being my registered agent was $595. Is this a reasonable price? Can someone explain the reason for...
Stan Lee
Supplemental Taxes on a Multi-Unit Property
I have a question regarding supplemental property taxes. Let's say I have a multi-unit property that I renovated in 2018, thus I received a supplemental property tax bill due to the increased value. Would it be accura...
Bradi Gross
Reserves/Prepaid costs - include when running numbers?
I just received a cost of closing work sheet from my lender for a buy and hold rental property we are purchasing. Closing costs are roughly $3,900 and "reserves/prepaid costs" are roughly $1,500. Do I need to include ...
John Volpe
Bank Owner - executed sales agreement by Seller but not Bank
Bigger Peeps, I put an offer in on a short-sale property. The seller signed the agreement about a month ago. I just received an email a month later that the bank made a counter-offer. Apparently, from what my agen...
Jamel Brown
First Tenant_Thank You
Good Afternoon Bigger Pockets Community,Just received my newest tenant for a town house that I just recently purchased. I just want to make a shout out to this community for providing such amazing resources. As the re...
Daniel Padilla
Refinancing a rental property
Choosing the best option to refinancing a rental property. My current rate is 5% and the original loan is at 255,000. I currently owe 226,000 with 23 years left. I plan on keeping this property as a rental. Does i...
Chris Cyr
Need attorney referral in MA to draft Partnership agreement
Hi - Looking for an experienced attorney in Massachusetts to draft a partnership agreement for 2 investors looking to hold property jointly.Thanks!
Franky Na
New Build in Texas - Contractor and Costs
Hi All,We are planning on purchasing a piece of land in Lubbock Texas to build a a multifamily property. I was hoping to see if anyone has had recent experience. Any idea on what would be the per sq foot construction ...
Kannan Iyer
ATM syndication monthly distribution
Has there been anyone who invested in monthly distribution ATM syndication and have not received distributions for the past several months?