All Forum Posts by: Peter Tverdov

Run fast from Finance of America. I did one hard money loan with them and the underwriting was a disgrace. Just search their name on here to see what I am talking about.

There are portfolio lenders out there (national ones like Lima) and then local ones. You just need to call around. I might need them in another year or 2 hopefully. 

Good. Wholesalers job is to steal equity from owners who do not know the true value of their house. They pretend to be a good guy/girl because they can "pay cash" when in reality, they're quickly flipping the contract to someone else and sometimes completely screwing the end user in the process. I get into this argument all the time. It's illegal. If it was okay, wholesalers wouldn't always try to tip toe around the issue of fiduciary responsibility. 

There is a reason they created a real estate license years ago. 

None of that is unusual. It should be clear in your agreement. The bottom line is rental properties can take up a lot of time to manage and most people don't realize that. 

If someone asked our company to do that we would probably turn down the business or make it monthly. It sounds like you are buying a boarding house (which is VERY management intensive, we don't manage them). 

Search locally on Google or DuckDuckGO. Also search for them on NARPM (it's an association for PMs)

Hi @Cristian Collado I sent you a DM of a recommendation. 

I have done a lot of gut rehabs, additions, add-a-levels but I am likely doing my first knockdown re-build this summer. Excited to start. I am the builder. I own the property so no owner screaming in my ear at least haha.

I would love to hear 3 quick tips to help me avoid some mistakes in this process. Curious what you guys have...

I would try using Google or DuckDuckGo in your area. You can also search NARPM (it's an association for property managers across the country). You can also call some local real estate brokers in your area for recommendations. Good luck.

 This. End of Thread. 

I spent all of 2021 looking for a tax planner. Went through 3-4 of them. Then found someone to tax plan and do my taxes for 2022, whew...

Woops they told me to do my taxes would be an extension and done between July and October.

So after all that I went back to my original CPA to do the taxes and I will see how this tax planner goes for 2022.

They're all over worked IMO. But they also need to stop advertising for new business when it's clear a lot of these firms cannot take it on.