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14 April 2019 | 3 replies
Of course, the eventual plan is to refinance the home as soon as possible through a traditional mortgage, to reduce the excessive amount of costs with high interest rates from hml.
20 April 2019 | 23 replies
But shoveling all their excess cashflow into software by hurrying to automate their first property is bad business practice.
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17 April 2019 | 1 reply
However, it also depends what exactly those expenses are, e.g. unnecessary payroll would be something you should be able to correct (and if you lower it, you increase the value of the Facility); high flood insurance or excessive property taxes are what they are and typically cannot be reduced, very well throwing off the "industry standard".Typically we recommend buying a Facility as it is currently performing (past 12 months) and use a pro forma only for where you can realistically take it.
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14 April 2019 | 4 replies
Just keep in mind, whatever they do not have to pay for they will use to excess and you will have to pay in the long run.
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16 April 2019 | 15 replies
As for the ‘excessive’ family gatherings at your house: you have no control over it.
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16 April 2019 | 7 replies
I sometimes drive in excess of the speed limit.
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16 April 2019 | 8 replies
Then that should be clearly defined in your lease along with the cost of excess bandwidth.
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21 April 2019 | 5 replies
Remember if your rental is creating a profit in excess of depreciation, paying some more income tax is a good problem.
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18 April 2019 | 17 replies
There are two possibilities going on here and you didn't specify which one you're dealing with. 1: they work with a company that installs the panels, gives them free solar energy, and then sells the excess.
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20 April 2019 | 7 replies
Essentially take all the excess cashflow from your investments and put all of it towards one mortgage until it is paid off.