
1 July 2007 | 5 replies
The first I had rented to occupy the day after closing, at $1795.Two others took a month to rent at $1695.The fourth I dropped to $1495 to rent after three months.Loan: 30 year fixed 80% LTV, 6.125%Goal is to just hold them for 5-10 years, and then sell in an improved market.
12 August 2007 | 15 replies
i don't get in the middle of that.as for hud homes - the general rule is - first 10 days on market - only OWNER OCCUPANTS can bid. you can bid as a non owner occ but the fines ARE HUGE.end of the year/quarter - when houses have been sitting a while - and banks want them off their books - this offers better flexibility.qualifier - i've never actually bought a HUD home.

22 July 2007 | 7 replies
BUT, they have to have it off their books before the quarterly reporting occurs.

10 March 2013 | 28 replies
The fourth option is to use one GFCI receptacle and use it as a feed-through to the other non-GFCI 3-prong receptacles, once again, having the markings above.Furthermore, simply connecting the ground prong to the housing of the receptacle is unacceptable unless there is a ground path back.An acceptable ground path is an actual ground wire, a metallic conduit, or the cable armor if any of the three exist.It should be noted that this is what the National Electric Code allows, HUD or other local authorities may have different rules.Hope this helps!

23 December 2007 | 3 replies
Here's something else to consider: There is no requirement to make an extra withholding payment monthly or quarterly.
18 December 2007 | 5 replies
During our second rehab, we discovered that the 3rd bedroom had quarter inch sheetrock when a tenant leaned on the wall and fell through :shock: Anyway, dh usually interviews contractors, but it was a rush job and he had to work for several weeks without a break.

20 January 2008 | 25 replies
Life is truly weird sometimes, cards get dealt, and you gotta play the hand you are dealt.I'm a big fan of Robert Kiyosaki's "Rich Dad" books, and within' the philosophy, Robert teaches that there are 4 quarters to the "game of life".Age 25-35: 1st quarterAge 35-45: 2nd quarterAge 45-55: 3rd quarterAge 55-65: 4th quarterAge 65+: OvertimeAge 70: out of time...The goal of the this "game" (in order to win) your passive income is greater than your expenses - putting you what Robert calls "out of the rat race".If you think about it - many great sporting events are won in the last quarter - and given that you are still in YOUR FIRST quarter, it may give you some solace and encouragement to realize that you still have time to completely rebuild and succeed!

29 December 2007 | 35 replies
That means that for every DOLLAR that I've PAID, or LOST (either in interest, or excess of expense over income), I'm allowed to deduct TWENTY FIVE CENTS from my tax bill.In other words I'm buying quarters for a dollar apiece.

14 December 2007 | 2 replies
I assume you are talking about an existing tax liability, if this is the case then you can request an Installment Agreement with the IRS.To protect yourself against future tax liability you need to make quarterly estimated tax payments.

29 November 2007 | 13 replies
What a difference a year makes.Appreciation reports through the third quarter in Charleston S.C.