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7 August 2014 | 53 replies
It will never have the equivalent value of a standard duplex, as you will not be able to condo convert, BUT you (or future owner) could always sell the lower unit as a valid TIC.
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6 October 2014 | 36 replies
The advantage, aside from lower interest payments, being if you needed a worst case scenario you can cash out refinance a property with zero debt vs. a blend of properties where you'd have to refinance all properties to get same equivalent equity.
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26 July 2016 | 14 replies
I'd prefer not to list with an agent and have to pay 1-month's rent equivalent.
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6 December 2015 | 3 replies
Also if a business is using Apfolio or some equivalent then they are using the best technology and the field is level - this is not the 1990s where you needed to pay a lot for a custom IT solution.
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10 January 2012 | 10 replies
Try living in upstate NY where property taxes on a $100,000 house are routinely $3,000 (town, county & school).That 3% tax rate (3K tax on 100K property) is equivalent to Pima County, Az ($1.5K tax on $50K property).I've always considered a reasonable property tax rate to be ~1%, not ~3%.
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5 March 2017 | 42 replies
Kiyosaki advocates GOING SLOW (look at lots and lots of deals) I get instant alerts on redfin and then do additional research on propertyradar ($50 month) the equivalent of ABC (always be closing) in sales is ABE "always be evaluating" honestly, I think it becomes rather OBVIOUS over time what a good/great deal looks like.Building/Buying 4 plex out of state could be a reallly good move though... as new construction attracts better tenants and would have little maintenance/headachesGood luck...and remember... the most inexpensive house/houses could be the EXPENSIVE house.
19 January 2015 | 8 replies
Deposits in all states are cash or it's equivalent paid to ensure contract performance, never has a copy of a check been considered a deposit, a copy of a check may provide evidence in a file that a check or draft was made as a deposit, it may satisfy administrative requirements for a file, but that is not a deposit until good funds or other assets accepted are credited to an escrow account (in real estate) or to a seller's account, if not escrowed).
21 July 2015 | 1 reply
The Seller, through the Buyer, will pay a locator, referral and/or contact fee to the Consultant for the Services equivalent to $______________ (_______%) of the total proceeds derived from the sale and/or purchase of the certain property located, referred and/or contacted as requested by Seller and/or Buyer, or a flat fee in the amount of $_______________ for services as described in Paragraph 1 above.
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4 November 2020 | 20 replies
That's why you need to be selling to cash or cash equivalent buyers when you are wholesaling.
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11 May 2013 | 15 replies
E (or the equivalent partnership schedule).An active business files on Schedule C or equivalent, and pays self-employment taxes.