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6 August 2010 | 2 replies
Best way to value land is using the land residual method, which estimates the selling price of the property as completed, subtracts out your building cost and desired profit and all closing costs, and what you're left with is the maximum amount of money you should pay for the land.
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26 March 2011 | 5 replies
You can start by structuring mortgage assignment deals between buyers and sellers, then when you feel more comfortable, start buying houses and selling them on wraps, thus slowly building up some residual income.Hope to see you soon!
22 May 2011 | 5 replies
The reality is it takes a SPECIFIC type of personality to do property management effectively.Sadly a huge majority of managers are not good at what they do and want the residual paycheck.Other than a tiny fee and a big headache they get no benefit of depreciation,cash flow,principal pay down,and appreciation (hopefully) of the property.I can tell you flat out I am an investor and a commercial broker and I am all about closing sales.Never will I do property management.I love the art of the deal closing sales too much.It is really hard to find a property manager worth their weight in gold.If they do a fantastic job what you pay them shouldn't matter.Plenty of cheap but crappy managers out there.Expensive ones too that are crappy as well.If I found someone great I wouldn't mind paying them a premium.
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16 November 2009 | 22 replies
Any property that will cash flow, generate residual income; however, my preference is multifamily (apartments).
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18 May 2011 | 60 replies
I'm just looking at their web site.Their claim is: "The method proposed to neutralize the result of residual off-gassing involves the application of absorbent materials in the form of activated organic powders and coatings (solids)."
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2 August 2016 | 2 replies
I'm in aerospace at the moment, but I love the idea of buying property and earning and investing residual income.
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21 January 2019 | 58 replies
Then at the term of the option period a new note is created for 4 payments to pay off the residual value. 4 payment notes are exempted by Dodd Frank (the actual max number of payments escapes me) and 4 payments is under State Banking regs / UCC requirements.
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24 August 2015 | 9 replies
I'm scared of "leveraging" but I also want to aggressively build my real-estate portfolio so it can generate residual income.
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3 April 2015 | 19 replies
I've lived in the Chattanooga area for over two years and plan to stay in the area for many more years.My goal is to provide a reasonable living that grows in equity and which also contains some residual income.
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11 April 2015 | 7 replies
If you are comfortable doing this yourself and it is legal in your municipality, look up pest control products on:http://www.domyownpestcontrol.com/Suspend SC is a good one and has a long residual of several months, which means it keeps working for months.Pest control companies use this product for general pest control and they typically spray along the entire outside walls (bottom part) of the house and all of the baseboards inside the house.