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29 June 2018 | 7 replies
For instance, my renter was annoyed by the renters of the condo next store, college students, who partied to the early hours nearly daily.
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4 July 2018 | 9 replies
I've seen them tossed out of court more often than not in favor of what was recorded.Perhaps there are instances where the court invalidated the transfer to the trust and quiets title in favor of the unrecorded qcd, like if the grantor was deemed to have been incapacitated at the time and there's a financial exploitation situation... but that's a rare scenario.
8 July 2018 | 8 replies
The answer was 5 minutes, and people couldn't wait to rent the place.Ridgewood, like Jackson Heights for instance is very difficult to find parking, and difficult to get to work without a car.
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4 July 2018 | 1 reply
If it is a deposit towards a cost (for instance a pet deposit that you will use to replace flooring when the tenant moves out) I wouldn't calculate this as income.
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5 July 2018 | 3 replies
For instance, a person offers a lowball offer to the agent and justifies it with a sewer/well inspection report stating that the property needs new drain fields or well.
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15 July 2018 | 17 replies
Similarly, in your case if a university is famous or old (but growing in economic clout due to students, investments, etc) then that can be considered an "economic" anchor.
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7 July 2018 | 8 replies
So in this instance, if I started her on a bi-weekly payment plan beginning Aug 1.
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6 July 2018 | 19 replies
For instance you could get a commercial loan to buy an apartment 5-100 doors using the equity(from other homes) and some cash to move forward.
7 July 2018 | 4 replies
For instance, I myself do Home Improvement Contracting.
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23 July 2018 | 28 replies
They then take those notes and package them with others from similar purchases and sell them along with their analysis to private investment funds.This leaves 45 notes from a package of 1,000 that three professional investment funds, doing intensive analysis by highly trained MBAs, have determined cannot yield even a minimal investment return.These are then offered to the individual investor, who according to those in the industry “with something to sell” (the leftover NPNs and/or “training”) can profit enormously by (1) making them re-performing notes or (2) foreclosing and selling the property for large profits.The pitch from those “with something to sell” is twofold: (1) “There is plenty of meat left on the bone” (actual quote), and (2) if you send the borrower a complete package of all docs, weighing, say, five pounds you will “shock and awe” him into paying on the note.I highly doubt either of these claims have even a micron of validity.The parties with a financial interest in you buying into this will cite isolated instances of great success, never mentioning the all-more-frequent instances of total failure.So at the end of the day the training promoters have collected up to $30,000 per person for their NPN “mentoring”/”coaching” program, the retail asset disposer has made 50% to 100% profit on their inventory, private middlemen have turned a $2,500 investment in a note into $16,000, and my sister-in-law who purchased 5 NPNs over three years ago and has spent large amounts on attorneys, taxes, and brokers has yet to see a penny in return.To paraphrase, if you don’t know who the sucker is in any ultra-high profit promise situation, it’s you.