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Results (10,000+)
Sandy Uhlmann LLCs and cash out re-fis
26 February 2014 | 2 replies
Bought a duplex and rehabbed it and it's now producing great monthly income but we're ready to move on to another project and want our cash out.
Terry N.A What could be done with this?
4 March 2014 | 3 replies
They don't have the ability to pay if you did a deal today, they don't even qualify to rent it.RE is full of sad stories, you can't run a charity and help everyone, after all, it was their doing in getting into that situation.There is no justification to get involved in any way unless they can produce some evidence of the ability to pay.
Dennis Gavilanes All this paperwork, how do you handle it?
16 March 2014 | 10 replies
(We have 15 units.)I also maintain vendor files.I keep reference materials in separate files/notebooks/drawers for Washington Landlord-Tenant Law, Housing Authority (Section 8), Police/Sheriff Partnering, Fire Marshall-Fire Safety, Tenant Screening Resources, Utility Companies, Rental Association, Legal Counsel, Partnership Minutes, Education Courses we took, etc.I keep a notebook record of standard materials we use, written descriptions including paint samples, flooring samples, etc. with some photo examples.We store and organize most of the property photos in the computer in iphoto.We produce our marketing materials in the computer, such as business cards and advertisements.We keep hard copies of the bank statements, credit card statements, mortgage statements and purchase agreements in binders and archive them at the end of the year.Our bookkeeping is on the computer in Quicken, which allows us to easily look things up, categorize and send electronically to our tax preparer at tax time.Our tax preparer files electronically, keeps an archive record and each year delivers to us hard copies of our tax documents in a labeled folder, which we store in a filing cabinet.We also have a small library of reference books, magazines, newsletters, etc.That's most of it.
Dustin S Killer probate deal - need advice
13 March 2014 | 10 replies
When you are buying an heir's interest, you have no way of knowing with certainty what the value if their equitable interest is due to the inability to anticipate all offsets from creditor claims and the possibility of someone producing a valid will later (it happens).I'll work these type deals and pay generous referral fees.
David O. Forming a strategy versus receiving opportunitties
11 March 2014 | 9 replies
Hi All, Let me start with the end in mind: I will produce a $20,000 per month passive income and $5,000,0000 net worth by March 11 of 2019. 1.
Dale Plant Pay off debt or...
15 March 2014 | 3 replies
I'd keep the current two unit property and use it to produce some additional income.
Rich Ellisse Will purchase of buy and hold effect purchasing power in 1-2 years
16 March 2014 | 1 reply
But will it effect our buying power in a year or two if it is producing or can produce a positive cash flow?
Robert Steele Judgement sale and IRS
17 March 2014 | 11 replies
Kristine Marie Poe could be as simple as an "alonge Note that was lost" and the bene could not produce the original note and chose to go the judicial route.TX from my understanding is like MS in that its a dual action state.
Brandon V. Comparison of 2-4 units vs. 5 units +
26 February 2015 | 7 replies
An appraiser may select the market approach on a 6 plex, if there were comparable sales of similar units in the past 3, 6 months or year.The other reason is that 5+ units are not SFDs purchased generally to be owner occupied, they are investment properties purchased as income producing properties, therefore the best approach is to compare such properties with similar investments.
Bill Gulley Serious Question Must Be Soved!
1 April 2014 | 3 replies
#1 is still pretty common in the publishing industry, as #1 pencils are softer (the graphite) and therefore produce darker markings.I assume #2 is standard because that's what worked best with the various technologies that were developed in the 80s (scan-tron machines, for example).