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3 November 2021 | 72 replies
And thirdly, to save some money.It is very, very difficult to find a better example than this crisis to illustrate what I've always said is the biggest risk advantage of DIY investing: you are the contractor of last resort.
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23 March 2020 | 6 replies
@Shafi NossWithout an example, I can't be sure we're on the same page.Say you bought a property for $200k 10 years ago, depreciated $50k of it, and are selling it for $300k now.You have a $150k capital gain, $50k of which is taxed under 1250 recapture rules, and $100k under long-term cap gains rules.Now, a mathematically flawed example below, just to illustrate the concept.
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23 March 2020 | 9 replies
To illustrate the money making potential of MF, an example I like to think about is, if you own 10 units and you increase rents by just $20, you get $200 extra income / month, which equals $2400 / year.
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10 April 2020 | 16 replies
Practice delineates five ways to challenge a foreclosure, with detailed references and footnotesFrequently Asked Questions on 150/90 Day Right To Cure Notice, Division of Banks.Helpful information for lenders on requirements for a right to cure notice.Foreclosure Timeline, Middlesex North Registry of Deeds, July 2013Blog post uses an example to illustrate the timing of an Order of Notice in the foreclosure processForeclosure Prevention Counseling Resources, National Consumer Law Center"Practical tools and resources for housing counselors, attorneys, and other advocates who are counseling homeowners threatened with foreclosure."
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3 December 2021 | 33 replies
I’ve never really thought about some external event causing them to miss July and August, perhaps a hurricane or something, but this just further illustrate how nice it is to have revenue spread out across all 12 months like we fortunate folks with vacation rentals in the southern US have
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21 April 2020 | 3 replies
Far from the market crash we saw back in 2008.Consumers are less concerned about their employment are still shopping for and purchasing homes as illustrated both by the number of homes to go under contract with a buyer and the number of homes to complete the process and actually sell.
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26 March 2020 | 13 replies
Make sure those details are illustrated with close-up pictures, so potential tenants know you take pride in your home!
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28 March 2020 | 6 replies
A hypothetical example I may add for illustration purposes.100K purchase price25K rehab6.6 down payment + closing costs Loan amount 118,400Insurance out of pocket as well as Taxes.So let's say you are 15K in holding costs through the project.The new ARV (After Repair Value) is 200K.When you refinance the new lender will calculate 75% of 200K = $150,000 minus closing costs.150,000 - 118,400 = 31,600 to you.
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23 August 2022 | 6 replies
Hi Justin,I think what some perceive as "Extra Money" being injected into the economy is really going to be "Replacement Money" for foregone wages from the Virus Situation.Here's how I think of it (three illustrations):Begging Hobo Bob.
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31 March 2020 | 11 replies
Put together a business plan illustrating their return on investment, then reach out to everyone in your network.