They get paid by flipping the contracts for nominal assignment fees while spending very little time on the deals.

They get paid by flipping the contracts for nominal assignment fees while spending very little time on the deals.

Tax "advantages" are something dreamed up by politicians to make you think they've given you something, when in fact they haven't:Paying a dollar (more) in interest saves you 25 cents in taxes (more or less, depending on your nominal tax rate.

You'd BETTER get a higher nominal return from it.

If the improvement is nominal, you may not see a huge bump in taxes, as the rate is a % amount, so it may not affect it too much.

On a property where the units might not be worth that much for resale, if you sell a unit for a nominal amount (say $750) first, can you then legally sign a person to a longer term lease to the park?

It seems like a major rookie mistake to list the house before the POS inspection is done--if it comes back requiring the buyer to put up any more than a nominal amount, it has a very high likelihood of killing the deal, as the POS escrow can't be financed.

The banks like to have an approved and accredited contractor (they may nominate one unless you have one in mind), who will itemize all expenses, that the bank approves and cuts checks for individually.

If it pans out the bird dog gets a nominal fee such as $50-$100.

If you get steady 3% appreciation for those 30 years its worth $485K in nominal dollars.