
10 May 2020 | 11 replies
Added bonus would also obviously be “saving” 3% on each purchase or sale (even though I know it’s not that straight forward unless I do a FSBO which I shy away from because I’ve always heard MLS listed houses get more traffic and therefore higher sale prices).

8 March 2020 | 6 replies
This is exactly what I did and self lending is very similar except now you get a cash back bonus from it basically.

9 March 2020 | 45 replies
If it nets out positive, that's a bonus.

29 August 2020 | 18 replies
Good luck, you'll lose - Even with the sesquipedalian words (bonus for using tortious).Other guy got a signed contract and you didn't.BTW - Tortious interference how does that even apply?

9 March 2020 | 4 replies
True 179, 199a, bonus depreciation sound complicated but not really.This new book covers all topics except creative tax strategies like in service date tweaks.

15 March 2020 | 11 replies
For me any appreciation is a bonus not a goal.

3 August 2020 | 15 replies
Here's a look at the numbers outlining the sustaining performance of the property: Monthly rent: $950PM fee: 9%Mortgage amount (taxes/insurance escrowed): $535Reserve for expenses: 15% = $142.50 (a little lower than usual since we took care of all cap ex items in the rehab)Total monthly/annual cash flow: $187/$2,244Annual ROI: 18.13% We had some private investors in on this deal as well, and while we were not able to give them the bonus this time around we still gave a solid 10% guaranteed APR (~3% cash-on-cash over the 3.5 months of this project).

21 March 2020 | 17 replies
Here's a list of what we ask for in our LOIs and contracts:Operating financial statements for the property, including income statements, expense statements, capital expenditures, for the last two years of operation and year-to-date financial statements for 2020.Prior two (2) years tax returns and addendums for the Property.Current tenant leases, tenant correspondence, tenant credit information, tenant security deposit register, and delinquency report.Onsite staff payroll records to include salary, bonuses, payroll taxes, benefits, etc.Monthly owner statements and rent rolls for the past 12 months.Contracts, service agreements, and files pertaining to the property.List of maintenance all maintenance requests (complete and incomplete) for the last two years of operations.Real estate tax billings and assessments and other correspondence pertaining to real estate tax calculations at the property.Copy of Insurance Policy and claims documentation (loss runs).List of capital improvements and any and all necessary related documentation and warranties.All existing warranties and guarantees from architects, contractors, and material and equipment suppliers, all of which would be assigned to Purchase.Any existing environmental Phase I/II reports, engineering reports, soil, mold, radon, asbestos, hazardous substance, termite, or other tests, studies, or reports.Any existing appraisals.Itemized inventory of all personal property.Twelve (12) months of utility, water and sewer bills.Twelve (12) months of bank statements.Verification of additional income from operations including but not limited to application, pet, late, and other fees, etc.Copies of title policies, title reports, land surveys, site plans, deeds, or any architectural plans for the property.History of or pending litigation against the Property, its owners, or its managers related to the Property or the operation thereof.Such additional information, documentation, or access as Purchaser shall require

9 March 2020 | 5 replies
Also depending on the price point that you buy at, you may be able to use bonus entitlement to buy property #2 with VA financing too.

9 March 2020 | 10 replies
Would that be enough money to walk away from my job which pays me 87K a year plus a 15k end of year bonus which gets taxed like crazy lol.