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11 June 2024 | 6 replies
Probably short term rentals have a separate form because of the lodging taxes.Your attorney or anyone else can sign if they have a power of attorney, but the instrument has to recite WHO the principal is.
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10 June 2024 | 8 replies
@Leslie McIntoshYou're a principal in the transaction so you can absolutely hold an open house.
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10 June 2024 | 9 replies
It was accompanied by a 35 page business plan that had been put together by a consultant that charged the entrepreneur $7,500, a glossy brochure generically talking about commercial real estate, and a resume of the principal.
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10 June 2024 | 4 replies
Many lenders also offer an Interest-Only HELOC, with which you pay interest only — no principal — during the draw period (Usually 10 years).
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10 June 2024 | 4 replies
My client intends to pay off the principal, interest, fees... all at the close of escrow.
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10 June 2024 | 0 replies
Monthly Expenses and Cashflow:- Principal, Property Taxes, Home Insurance: $1,446.38- Property Management (12% of Rent Price): $358.08/ mo.- Monthly cashflow: $1,179.54Obviously these are rough estimates, but I feel that I've given myself enough buffer throughout the calculation/ analysis that if there are any unexpected expenses, I'll still be able to cover them and have a property that Cashflows a decent amt each month.
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10 June 2024 | 8 replies
.- Principal debt paydown: tenant paying off your loan.- Cash flow.Once the above are all added up, your true Rate Return will by far exceed your returns with stocks.Now regarding the different type of real estate, that depends on a lot of factors and mostly on your financial goals and where are you in life today.
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11 June 2024 | 116 replies
FTC Suit Leads to $16.7 Million Judgment Against Principals and Celebrity Endorsers of Real Estate Investment Training Program | Federal Trade Commission
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10 June 2024 | 18 replies
You will then have a few options with that rent money....you can put it into principal or you can start saving it to purchase yet another property.
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9 June 2024 | 6 replies
On top of it, reaching 20% down through principal reduction and appreciation could be a decade out.So you should probably look at the project as a long-term partnership with you co-owning this with your sister for the foreseeable future.But these are great opportunities.