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12 June 2017 | 11 replies
In doing so, they demonstrate that their intent is to purchase all of the properties but when the property doesn't meet their criteria, instead of dropping the deal they assign it to other investors for a fee.
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8 June 2017 | 4 replies
Hopefully since you've demonstrated yourself as someone concerned for them, they'll let you in to discuss that you have it under contract and what follows procedurally.The ugly is when you have tenants who have been paying the landlord even though the bank is now the owner, or when they've received some sort of eviction letter and outright refuse contact with you.
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1 August 2017 | 14 replies
This post demonstrates the impact of property taxes and insurance can have on return.So, what kind of properties in Las Vegas meet the above criteria?
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6 July 2017 | 2 replies
Some people also deal with "sophisticated investors" as well -- people who are not accredited but can demonstrate a high degree of sophistication in real estate investing, such that they can understand the merits and risks of the transaction they are entering.Though the JOBS Act has thrown some wrinkles into this equation, to stay within the law, you must have established a "substantive relationship" with an investor before you can bring them a deal, and my understanding (which could be wrong) is that you cannot bring them a deal that you were already working on when you met them.
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18 August 2017 | 22 replies
@Mike Cumbie I think this is demonstrating why I do not retain realtors to find tenants.
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3 May 2018 | 11 replies
So any intermediary with a national footprint and demonstrated experience can help you out.
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25 March 2016 | 13 replies
:)Simple Example to demonstrate the advantage of low interest rates in the long run : Mortgage Amount = 500000 Mortgage Terms 30 Years Rate 4.0% = $2387 Monthly Payments (Over 30 years you pay $2387* 360 = 859320)Mortgage Amount = 500000 Mortgage Terms 30 Years Rate 6.0% = = $2,997.75(Over 30 years you pay $2,997.75 * 360 Months = 1079190)2.
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3 April 2016 | 9 replies
Now if he had bought it and put a rentor in it and had a pattern of holding properties etc then it might be a different story.Intent can always change but you need to be able demonstrate what it was at the beginning.
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3 October 2016 | 15 replies
Now, if you held the property as rental property instead you would qualify, but you would need to be able to demonstrate your intent to hold should you ever get audited.
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17 October 2016 | 1 reply
It demonstrates that if you enter the market at the wrong time, even 20 years of holding, and selling in an upswing, can still deliver paltry returns.The mantra I keep hearing in the REI world is that you make you money on the purchase, rather than the sale (simplistic, but it's a neat saying).