Hi, my tenant for this month only, will have an organization pay his rent, 1200. I was sent a W-9 form, will I pay 28 % in taxes and should I make my tenant aware of that or will this be the same as receiving rent and...

I just spent several hours today correcting a few very incorrect tax returns prepared by CPAs who advertise their services here. In one cases this is going to cost the client a substantial amount of money. In the othe...

Hi,Are there any common errors or issues with trying to add that? I've been off and on trying to add my NMLS # to my signature so I can be all compliant and whatnot, and the interface where you add it looks very simpl...

Hi. My name is Neil and I have  recently  worked with my  first  client in setting  up  a  real estate business and in order to get started, I am interested in deal evaluations and making offers as a wholesaler and wi...

I recently watched a video that talked about common errors to avoid. One of the common errors was "Not getting a Memorandum of agreement when buying real estate." The little explanation that followed said that in thei...

Hey, everyone. I am hoping to get started in BRRRR this year. While I know what the acronym stands for and enough about hard money, I don't understand the refinancing area.
We have a mortgage specialist in my brokera...

I have an opportunity for a flip that would require significant financing. All the hard money lenders I've talked to are saying they require purchase plus rehab to be 70% of ARV. This opportunity doesn't quite fit tha...

When I'm wholesaling a property to a rehabber, and he uses a hard money lender, will my seller still get paid "cash". Is the process at closing different for that? I only know of the end buyer writing his own check fo...

This is not a post to support or bash the Marginal tax rate system. But rather a simple explanation to common errors we hear on the news, in conversations, etc.

Many people believe that if you earn $1 more than the...

One of the fears newbies like myself have is how do I put submit a offer when they money isnt secured yet from a hard money lender. I was told i need to protect myself by how i word the contract. What do you fellow BP...