31 July 2017 | 5 replies
Back before the RE Bubble collapse, we had companies that would come to our investment group meetings and offer a pre construction investment ($250K for a duplex in AZ or NV) with 36 month guarantees of renter placement and even a buyback program.
5 October 2018 | 7 replies
So your options really are to do a full 1031, or do a partial 1031 and pay tax on what you don't reinvest, or sell and pay all the tax.If you're that concerned at the market over the next 6 months or the cap ex then you won't regret paying a little tax if the roof collapses the month after you sell.
19 April 2017 | 2 replies
The sewer pipe collapsed just outside the house and still had partial flow.Cost the bank $5,000 to dig it up and fix it.Old school sewer pipes used clay.
30 January 2017 | 10 replies
If your statement is true, I would guess that the severity of that collapse shook the faith in homeownership, keeping rental demand high even as property values plummeted.
19 April 2023 | 8 replies
A lot of condos don't have reserves and due to what happened with the nearby condo collapsing recently, Florida just passed a law to help prevent this from happening again.
20 February 2014 | 20 replies
We like collapsed sewer pipes, mitigated termite damage, sinking foundations and the like.
18 July 2013 | 9 replies
If he's robbing Peter to pay Paul then you could be the guy that gets left out in the cold if something happens to his business....or if he decides to make his boat payment instead of buying your drywall......I actually saw some of that kind of thing when the market collapsed in 2008.The other major problem that paying deposits creates is that it eliminates the driving motivation for the contractor to get your job done quickly or on budget.
3 December 2017 | 10 replies
In the last housing crash the value of this same personal residence collapsed to $270,000.
20 June 2022 | 10 replies
I'm thinking whether we will see similar Lehman's collapse and whether there will be "too big too fail" so gov. has to rescue their friend, and QE will be restarted..... this is especially true for bank that's financing company like Coinbase/Celcius/any crypto company.Also my bet is if tomorrow's oil price goes back to $80 (like it always happened) then suddenly everything is back to normal.
13 July 2024 | 20 replies
If the deal collapses and I would lose everything, I'm out.