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28 May 2019 | 96 replies
As for a closing ratio, we expect an average of 15-20% to close. thank you.. when I was looking at larger tapes in the Crash.. those that were 5 to 10million.. we had to take them all .. it was quite frustrating trying to figure out who was real.. we get frustrated with wholesalers in real estate.. daisy chain in notes was off the charts..
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17 May 2019 | 28 replies
The system you purchase shows you exactly how to record the transactions.The guide comes with a QuickBooks file that includes setup, chart of accounts, and over seventy-five reports for real estate investors who flip properties.
18 June 2019 | 18 replies
Precisely why when I took a BP survey last week I responded that the biggest problem to address on BP is questions from an unknown location (which imo should not be allowed) followed by a stream of answers from people located everywhere.Sure it makes for interesting reading but it’s not particularly helpful.
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21 December 2018 | 7 replies
If it is a fixed Rate, I put together a spreadsheet that can help do a bit of Analysis:Just to get some sort of understanding, I like to put together a spreadsheet like the above.For your Principal and Interest Payment (cell B5), I calculate it to be $545.If you are paying $3k Annual Taxes and $900 Insurance plus $2,100 in HOA fees, your total out of pocket on a monthly bases is around $1,045.The Chart on the right is your Mortgage Schedule of Payments on a monthly basis.
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12 January 2016 | 8 replies
Several airlines died precisely from this root cause.It might be seen as Vertical Marketing, where everything in the line from raw goods to the retail shelf could be under one brand name.
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28 December 2015 | 16 replies
@Matt Powell What you are talking about is precisely why hard money/private money lenders exist.
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3 January 2016 | 10 replies
I bought a GE dishwasher that had been returned to Future Shop for $75 CAD (Future Shop is sadly missed, they had good prices on appliances and were looking to make sales).Stephen:Last year, I bought all of Home Depot Canada's remaining inventory in Eastern Canada of a very basic Hotpoint dishwasher when the item was put on clearance - I manage to get them for $150 to $160 (cannot remember precisely) apiece and have three left in storage.
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13 December 2018 | 86 replies
If you have a temporary work site, you might be able to deduct that mileage.To determine if your temporary mileage is deductible, check out the IRS chart below, or refer to IRS Publication 463 for a discussion of temporary work mileage.I hope this helps!
30 March 2021 | 98 replies
I reviewed the NAHB input costs chart recently, material inputs for new unit construction rose by more than 7% across the board in 2020 alone, and in many cases 15% and up.
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8 July 2022 | 12 replies
I'm looking for something that shows a chart of accounts, how to properly enter transactions, how to set up each property, tenant and unit.