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2 September 2014 | 5 replies
As an investment the cash flow is derived by using the bigger pockets 2% and 50% rules which would minimize any risk and factor in vacancies and other expected expenses during the term.
25 October 2014 | 8 replies
Im looking to avoid both, injury to the handyman and liability from bad workmanship, but again my question was derived because I figured these were low risk tasks from workmanship and injury standpoint...I wont have him doing major electrical or roofing etc.
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22 October 2014 | 1 reply
JPMorgan Chase was fined the most by the Commission for its alleged involvement in the cartel, approximately $77 MM, for influencing the Libor benchmark rate.The second banking cartel that was uncovered by the Commission involved an agreement on the price of derivatives versus a manipulation of the Libor.
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24 October 2014 | 11 replies
Specifically gross income means all income from whatever source derived, including (but not limited to) the following items: (look at 2,3,and 5)(1) Compensation for services, including fees, commissions, fringe benefits, and similar items;(2) Gross income derived from business;(3) Gains derived from dealings in property;(4) Interest;(5) Rents;(6) Royalties;(7) Dividends;(8) Alimony and separate maintenance payments;(9) Annuities;(10) Income from life insurance and endowment contracts;(11) Pensions;(12) Income from discharge of indebtedness;(13) Distributive share of partnership gross income;(14) Income in respect of a decedent; and(15) Income from an interest in an estate or trustI am not a lawyer (would not admit it if i were) but I did sleep at a Holiday Inn last night.
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31 October 2014 | 6 replies
I agree with Aaron ... here is a fixed version of his link to the 2012 IRCand here is a link to the 2015 IRCMy main beef with the IRC and most codes derived from it, is they are light on energy efficient standards and design specs.
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9 November 2014 | 13 replies
We always tell vendors that not being able to see any of the property before submitting an offer, means we are going to assume the worst when deriving our numbers.
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1 November 2014 | 5 replies
The 50% rule is just an empirical rule of thumb derived from actual operating data on large groups of rentals, mostly apartment.
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3 November 2014 | 7 replies
I am experienced in FX, Derivatives, and the likes but have never held property as investment.
3 February 2015 | 48 replies
I don't think anyone would bite at that level, but whatever they are going to rent for, will be an excellent comp for me to use.One other issue with having the rent depressed for keeping tenants, is that if you ever need to sell the property, say a fourplex where the rent on all four units are depressed, it affects your gross rent and all the numbers your potential buyers will use to derive their prices.
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18 November 2014 | 3 replies
I'm sure they'll tell you that search can be a tough technical cookie when you start talking about indexing lots of data and customers like me starting asking for more complex search queries.I recommend checking out ElasticSearch or Amazon CloudSearch to take on the challenge of powering the BP search if they haven't already.That said, here is a list of sorting attributes that I think would make the search results more powerful: VisitsPopularity (derived from several attributes you guys can define)Number of Votes# of RepliesI think those facets combined with the existing timeframe, user, and forum filters would really help BP users find the most relevant and helpful posts to them.Count me in for the beta testing.