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4 July 2017 | 53 replies
I invest in real estate that has been on the market a long time or more is owed than the current value so I am dealing with sellers who are more motivated to sell so I only pay $10.00 option fee. in order to avoid a large option fee to a seller it important to take the right approach, have the right presentation and it has to benefit the seller enough for it to have value to them.
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11 November 2011 | 13 replies
So I have about 150 to 175 with labor and materials per unit into painting.I don't see a benefit to not repainting it with such and existing color.
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21 November 2011 | 12 replies
provided it is an S-corp the business does not have to have income to pay its shareholders benefits or wages.
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14 November 2011 | 8 replies
I'm trying to figure out how putting it in writing is going to benefit me?
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7 June 2012 | 12 replies
drivers who see your sign sure will.A side benefit, if you have other properties nearby you can put a sign up to generate additional leads for those properties with less traffic.
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16 November 2011 | 10 replies
Well I wish you would have posted here BEFORE closing them out.Length of credit history in good standing DOES affect your credit scores.If you have other credit that has a long history it shouldn't affect you that much.If however closing the 3 credit cards with 7 years of history you know only have a few credit lines with only 1 year or 2 of being open that is not great.In the end it shouldn't hurt you too much.When they made the new credit card rules last year or was it the year before credit card companies raised interest rates and annual fees from no fees.So what happened is the great credit people lost benefits because Obama wanted people with bad credit to not be taken advantage of.The credit companies simply restructured to make the same money.So A law passed that had good intentions but was misguided.The government believes when they pass a law people or companies will just take the loss but it never happens.So in the end these laws are just spinning wheels and not doing anything.I know many people who have closed their accounts once interest rates go up or annual fees are imposed.The downside is people want to maintain credit but some credit companies have been closing accounts if you don't use enough and they make a certain amount of interest off of you.It is getting rediculuos.
16 November 2011 | 10 replies
I look at benefit/cost ratio for any decision I make with money.
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11 March 2013 | 8 replies
The great benefit here is that these plans allow you to contribute up to $49k instead of the $6k maximum contribution allowed by an IRA.If you have no inside contact, for what will realistically cost you to open an SDIRA LLC, you can open an SD 401k plan.
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26 November 2011 | 50 replies
At 8.0%, it's still a nice investment, beats the heck out of 5-yr CDs at 1.8%, with some added tax benefits, inflation protection, MAYBE day 1 equity capture, etc, etc.
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18 November 2011 | 11 replies
Okay........Have a tenant that I filed eviction on.The county was backed up so took awhile on the writ.Marshall is serving the eviction the 21st of November after 3 months from filing court date.The woman became disabled and filed for SSI disability.I talked to her case worker and the usual time for review is 2 years to get approved or denied.She told them she was getting evicted and sent evidence.They escalated and marked file for review.When I discussed with case worker even though file is flagged it still has to go through the judge for review which takes 2 to 4 weeks and then if approved SSI will send me the landlord the back rent owed which is around 4,000 with late fees and penalties.So the answer from SSI will not be in time before the eviction.I already told the tenant today I need at least half 2,000 or I am not stopping the marshall from evicting on the 21st.The lady says she would call me back and says she might could get the money but the issue is she can't pay me because when she goes for review for SSI they will ask where she got the money to pay rent.Then she could lose benefits or amount of lifetime benefits going forward and will not risk the lifetime benefit.She said if I just waited I am on the forms to get paid when she gets approved.My thing is If I cancel the marshall then I have to refile eviction and with the Holidays it will be January or February before I get them out.I told the lady I was not stopping it for a 600 payment and that she is not guaranteed SSI approval and I can't stop it on a PROMISE.We will see what she does.I told her to pay by Sunday.If I get 2 grand now it will be one less unit I have to rehab and then if SSI doesn't come through with the rest in 4 weeks I can evict again.She is judgement proof even though I have one on her I can't collect from pensions etc. with garnishment or bank levy.She was a tenant I inherited from a previous landlord 4 months ago when I bought the place and she used to pay on time before getting hurt with her back.Any thoughts or dealings with SSI Disability will be helpful.