16 September 2024 | 37 replies
But it should be secondary or even tertiary to the fundamentals as such predictions are, as you said, very difficult to predct.
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19 September 2024 | 5 replies
Credit scores are tricky because there could be items like medical debt or student loan debt that weighs the score down.
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18 September 2024 | 23 replies
OP Lincoln is a great town since it is the state capitol, lots of government income, home of UNL, lots of medical etc.
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20 September 2024 | 24 replies
@Shrikant KakaniTo identify the best real estate investment market, investigate secondary and tertiary cities in the Midwest and Southeast.
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18 September 2024 | 19 replies
You are one car breakdown or medical bill away from paying rent since you don't have an emergency savings.
16 September 2024 | 8 replies
The trick is asking them what happened, usually it is for medical which I get.
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19 September 2024 | 30 replies
Whether the property manager charges to file the eviction (we do not) is a separate issue- a professional management company should file the eviction for you.Regarding the arrears rent, again, a professional manager should be letting you know that the renter has fallen behind and why (did they have a medical emergency?
16 September 2024 | 9 replies
Cash-on-Cash Return:If you're considering a property in a different market, cash-on-cash return helps compare how much immediate return you're getting on your invested cash.Formula:Cash-on-Cash Return = (Annual Pre-Tax Cash Flow / Total Cash Invested) x 100High cash-flow markets (typically found in secondary or tertiary markets) often have higher cash-on-cash returns but may offer lower appreciation over time.3.
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14 September 2024 | 8 replies
If you can't find local deals that make sense, you might want to expand your market area to include nearby secondary or tertiary markets, or even consider bigger properties farther away.
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14 September 2024 | 11 replies
(Approximately 13 states have either state Inheritance Tax or state Estate Tax, so that would possibly apply in other states besides PA.)Welfare LiensNursing home liensMechanics LiensMortgages in order of recording date, first mortgages before second or third mortgagesJudgements (once boought a property where there was alien because the owner got in a bar fight and was sucessfully sued for medical bills esulting in a judgemen.)Federal Tax Liens (Special rrules apply to IRS liens)The precedence of pay off is determined by state law, government first, then the rest by date recorded.Then is anything else is left over it goes to the former owner.On one of our purchases there was a big Nursing Home lien that the Tax Claim Bureau was not aware of.