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1 October 2016 | 5 replies
USA Today , New York Times, local newspaper, local real estate agent, local business magazines and a few national real estate websites
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1 October 2016 | 3 replies
If it's a G R E A T deal, why fuss about 5k or less - - go for the throat, buy the lot and then sell for the 30k.
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9 October 2016 | 39 replies
g=7wFf )Keep in mind, using the 1% rule of thumb (monthly rents ~= 1% of basis) and 50% expense rule of thumb (operating expense and vacancy ~= 50% of gross rents), unleveraged, results in 6%.
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2 October 2016 | 7 replies
Welcome @LaJoyce Collins,you certainly came to the right place for all your needs in REIcheers,Anthony G
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3 October 2016 | 1 reply
They are asking 299,900 Land locked, no room for expansion.Total Income 22,187Insurance 189Liability Ins. 767Interest Expense 174Loan Interest 10534Labor 6400Repairs 646Supplies 90Taxes 2532 (Not sure what value amount this is on)Telephone 841Utilities (G & E) 802******I talked to commercial lender today and he said they require 30% down, financed commercially at possible 5.3 to 5.6% + for 15 or 20 years.
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6 October 2016 | 3 replies
In most cases, you are correct in that you need to submit documents to the tenant within 21 days of them vacating the property, but there is a clause in sub-section (g) that states you must provide an itemized breakdown of all charges against a tenant's security deposit:"(g) (1) No later than 21 calendar days after the tenant has vacated the premises ... or not earlier than 60 calendar days prior to the expiration of a fixed-term lease..."
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19 August 2016 | 5 replies
My model is non-performi g promissory notes secure by residential real estate.