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20 June 2014 | 7 replies
I also suggest that you contact your current retirement plan administrator and check with them if you are rollover at this time.
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14 June 2014 | 4 replies
There was no will.The administrator assigned to the estate is the mother of her deceased son.
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7 September 2014 | 6 replies
In my state, CA, there are different level of powers, best evident by examining a document alternatively called probate Letters Testamentary (if subject the decedent's will) or Letters of Administration (intestate - no will).
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9 September 2014 | 20 replies
Dispute the charges and have a formal hearing in front of division of administrative hearings2.
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10 September 2014 | 16 replies
Built in 2002, it is a fully rented four plex (one unit is month-to-month so we would move in there).Current asking price: $495,000 (though originally listed at 474k, he upped the price after 16 days)Days on Zillow Market: Over 100Reason for Selling: To either purchase a SFH for himself and his GF or buy a commercial property, possibly storage unitsRents: 4,400 monthly (Owner said 2 units could be easily increased by $50 to $75 each)Expenses (annual)Property Taxes (assessed 2014): 7,754Insurance: 3,000 (guess)Maintenance & Repairs: 4,200 (guess)Utilities: 4,500 (average for last 18 months from water company, owner currently pays water/sewer/trash but there are separate water meters so we would look into passing this to the tenants as the leases expire)Advertising: $150 (only advertising is for new tenants when leases expire)Administrative/Misc Costs: $150Mortgage Insurance: $6,501 (from mortgage broker at 490k loan level)Snow Removal: $1,500 (as acountants, our busy season is during the winter and we don't have the time or patience to deal with this, there is a sidewalk + steps + driveway and back parking area to be plowed)Lawn Care: $150 (supplies fund, we will mow it ourself, first year expense of a lawnmower not included)Mortgage: 26,579 (FHA, 3.5% down, 3.75%)At 495kAnnual cash flow: $-1,684CoC: -9.72%NOI: 24,895Total ROI: 40.89%At 450k (keeping mortgage insurance at 490k loan level b/c I don't have other numbers)Annual cash flow: 762CoC: 4.84%NOI: 24,895Total ROI: 55.54%As it stands, my numbers are telling me this deal will not work, given the $100/mo/unit minimum standard most people are looking for here.This is the first deal that I have really looked at though as seriously buying, so I would love other people's opinions on my analysis.
9 September 2014 | 1 reply
All this complexity will simply make accounting administration go up and may make it more difficult to fiance properties.
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17 July 2017 | 29 replies
I have an office administrator who handles front line duties and work orders not issued by the other managers.
26 August 2018 | 53 replies
Both volume and the no administrative responsibilities.
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11 September 2014 | 3 replies
Hard to say what the future holds, but I suspect a change in administration in 2016 will keep the flood insurance wolves at bay.
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18 January 2021 | 1 reply
The pandemic has changed many investors original intent, therefore would allow for a back to back exchange in the same tax year.Additionally - what do we expect for real estate investors under the new administration?