24 February 2013 | 8 replies
If I came to you for treatment you'd want to know everything about my history, if you don't want to spill it all in a public forum, you can PM me.
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27 February 2013 | 10 replies
A homes features and potential dictate what the treatments and finishes will be.Start with the kitchen.
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26 February 2013 | 13 replies
Unless you elect special tax treatment, the LLC is a pass through entity for taxes.
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21 January 2014 | 9 replies
Alternatively, if you just want to make it go away, in a battle of wits and braun against a Cat D-9, witless mobiles get flattened every time.I once had an unlicensed trailer left in the backyard of a probate house I had just bought then I learned from local police that the Daughter was still running a "Fast-n-Easy" drugs and 'tooting biz.
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30 January 2014 | 25 replies
Hi Jack, No, unfortunately what you describe will not qualify for 1031 Exchange treatment.
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26 January 2014 | 12 replies
Also, since he has lived in the property for the last two (2) years he no longer qualifies for 1031 Exchange treatment.
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28 January 2014 | 21 replies
The majority of strippers are drugged out skanks that put their money up their nose instead of paying their bills.I asked my health insurance agent if there's any occupation he won't insure.
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12 February 2014 | 22 replies
They do an initial cleaning and treatment.
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18 July 2018 | 42 replies
deals 7 and 8 had a partner - he found the home, I fixed it up, managed the rehab, he sold it, we split the net profit...these were ok deals we split $20,000 on each deal but they took 5 months and 9 months respectively due to issues with contractors doing shoddy work....so if you figure our profit at an hourly rate these were not barn burners...but hey it's $20,000 I didn't have before, so I am fine with that#8 paid $265K used hard money, spent ZERO on rehab, wholesaled it in 12 days for $360,000, that was a nice one (sad back story on this one, owner of the property was busted for selling drugs and arrested, then deported to Mexico, so wife took over the drug selling biz...then she got popped, in order for me to be able to close on the home, Escrow had to go to the jail to have the wife sign, then hire a mobile notary to drive down to the SD/Mexico border to have the husband sign) death, divorce, drugs, disease....the 4 D's that create real estate opportunities, sad but true#9 paid $205K used hard money, spent $25K on rehab, sold for $300,000#10 paid $90K for 3/2 SFR, used hard money, spent $3500 on rehab, rented out for $800/month, slight negative cashflow currently (-$150/month), market value is $130K now, plan on refinancing into better loan in 3 months, will cashflow $300/month after the refi#11 paid $108K for 3/1 SFR used hard money, spent $3000 on rehab, rented out for $850/month, slight negative cashflow currently (-$190/month, market value is $140,000 now, plan on refi into better loan in 3 months, will cashflow $150-$200 after the refi#12 paid $125,000 for 4/2 SFR used hard money, spent $0 on rehab, house already had a tenant in it paying $900/month, will be raising rent to $1150/month, market value is $160,000, plan on refi into better loan in 3 months, will cashflow approx. $500/month after the refi#13 invested $50,000 with my parents to buy a triplex, for $530,000, property cashflows $1000/month from day one, and value has increased to $650,000--------------------------------in current pipeline/in escrow - thru these deals I've made good friends and I've made my hard money lender some good money, hard money lender let me know he has $5,000,000 +/- sitting in the bank looking for houses to invest in, and he's given me the green light.
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2 February 2014 | 33 replies
Scott, that is Not a conventional loan requirement-not Fannie or Freddie.2 possibilities: 1) that is a WF specific overlay 2) your loan officer needs a drug test Or 3).