
6 October 2014 | 36 replies
So if you pay down a little on each loan there is no benefit till one or all of the loans are paid off because even the last payment will still be your min monthly payment from a month to month cash flow perspective.From a psychological point of view paying one off faster is also better because you can see results quicker and it will take less mental will power to push forward paying the 2nd, 3rd, and so on because your mind will see results from the first one relatively quick if you focus.Hope that helps.

16 August 2017 | 18 replies
Conventional Lenders (Mortgage Company/Bank/Credit Union): These lenders provide conventional real estate loan loans, the most popular being the 30-year fixed amortized loan.These loans require 3.5% - 20% down payment and require Private Mortgage Insurance if you have a down payment of less than 20%.These are the lowest cost loans you can get for acquiring properties.Private Money Lenders: These lenders provide non-conventional real estate loans using money from investors who are seeking “bond” like security with above-average returns.These loans require 25% - 35% down payment.These loans are more expensive than conventional loans, but less costly than Hard Money loans.Loan terms are usually 12 months to 30 years.Hard Money Lenders: These lenders provide non-conventional real estate loans from investors who are seeking double-digit returns over a 12-month time frame or shorter.These are the most expensive loans and they require typically 25% - 35% down.The loan terms are as short as 3 months and no longer than 18 months.Equity Partner: This is a private individual or company who invest with investors in real estate deals.They usually will bring their cash to the deal to cover down payments, closing costs and rehab costs.They usually will make the majority of the profit from a deal because they are taking the greatest risk.Some Equity Partners hedge their risk by taking a 2nd lien position against the property and having all rents assigned to them in the event of the Investor defaulting.Some Equity Partners are silent partners while others are active participants in the real estate deal.Equity Partners may enter into a Joint Venture with the Investor.Investor: The Investor is the person or company purchasing the property and creating the real estate deal.All investment fall into two categories: appreciation (buy low and sell high) or cash flow (regular cash payments).The Investor purchases the property to either sell it a higher price or to rent/lease it to generate cash payments.The money earned by the profit from the real estate deal divided by the cash investment from the Investor is the Return on Investment (ROI).All our appreciation deals generate a cash-on-cash ROI of at least 25% annualized (before taxes) and our cash flow deals generate an ROI of at least 10% annualized after taxes and depreciation.Management Company: The Management Company manages the real estate deal for their client (Wholesaler, Equity Partner or Investor).The Management Company puts the deal together to maximize their client’s ROI.The Management Company may manage one or all aspects of the real estate deal in order to manage, control and lower risks and costs.Our company charges a 1% transaction fee based on the value of each transaction (purchase, rehab and sale) and we share in the profit realized by our client after the client meets their minimum ROI.Seller: The seller of the property controls the property and may or may not be motivated to sell.

10 April 2014 | 14 replies
In a reward contract, for example, a person who has lost a dog could promise a reward if the dog is found, through publication or orally.
4 April 2013 | 3 replies
You take the overhead and base it on performance, which will depend on your market.Commissions simply reduce some expenses, part or all of the salary, but you still have other additional expenses and economic costs.

27 February 2017 | 11 replies
Might undervalue it like mobiles or manufacture homes get a lot of tmes .. which then makes it hard for buyers to get financing .. so with that in mind as long as you go into it with the assumption that your buyer may have to have a large amount down or all cash then your ok .. because .. the plus side it it is generally much cheaper to build a container house ..up to 56-60% but i would budget about 25-30% cheaper to be on the safe side .. also they go up quicker if you're u have someone who knows what they are doing .. biggest problem is getting the R value from siding and insulation high enough and safe from any toxic fumes they may have .. i think there is non toxic spray foam but i know isulation is a concern as is mold because of the insulation issue ( vapor barrier ) at least the sites a read ..

22 March 2022 | 16 replies
Folks who had inadequate policies really got hurt during the PF/Gatlinburg fires a few years back, as many insurance companies invoked the co-insurance clause to limit their losses during that massive catastrophic event. 3)I have noticed that some folks are referencing their lot values and furnishings when referring to "replacement cost."

29 September 2014 | 22 replies
You can find the 2014 results of their study online at http://www.huduser.org/portal/datasets/fmr/fmr2014...Note: this is a gross or "all in" value.

17 January 2018 | 32 replies
Seller carry back is the seller financing part or all of the deal.

31 August 2015 | 3 replies
It’s actually, the certified notice you send your tenant, informing them that you intend to claim part or all of their deposit as payment for monetary or property damages.

5 May 2022 | 0 replies
Multifamily properties are able to take advantage of the depreciation on the building and equipment essentially offsetting some or all of the income taxes from the properties cash flow.