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29 October 2016 | 67 replies
and blah blah blah...Fact of the matter is, I learned that the snowball method is a good methodology, but I don't follow the steps in the exact order he does.His steps1 )Set a baby emergency fund of $1K2) Pay off all debt except mortgage3) Save 3 to 6 months4) Invest 15% into Roth IRAs and pre-tax retirement instruments.5) Fund college fund for kids6) Pay off Mortgage Early7) Invest and GiveMy Steps?
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5 April 2015 | 39 replies
Have the agent put you on an automated MLS email for multi-family properties.
16 June 2015 | 10 replies
Not only that, but lending to the poor also became a qualification for take overs and mergers, if you had not lent enough to the poor, then a take over would be blocked.So in one stroke, ability to repay took second place to other things.Mortgages were then made, packaged up into so called bonds and sold to investors (not re investors, but people like pensions companies etc).In 2006 a lot of these packaged mortgages were found to have deficiencies, eg people not repaying, and the investors holding these investments started disposing of them.Banks were asking accountancy firms in the City of London and Wall Street to start unpacking each one of these instruments to redo e paperwork and pull out the bad loans and then repackage them.The Banks were offering in London £50,000 to redo one of these bonds (for a better word) and offer insurance on the bond after it was repackaged, the auditing and accountancy firms asked for £250,000 per bond and no insurance.
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11 June 2016 | 5 replies
I'm particularly curious about direct deposit, paypal and any other automated methods.Thanks!
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30 November 2016 | 8 replies
The vendors also have systems, automation and professional communication.
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26 September 2016 | 3 replies
We are coming up on a vacancy now, likely have to do some deferred maintenance.... so now would be a great time to get a financing instrument moving, as she has little cash to do work on it.I know how to look at a single rental and gauge its cash flow vs PITI and expenses...
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17 November 2015 | 3 replies
Any tenant that would live in a "grapes of wrath" environment, I wouldn't like.I have automated sprinklers at my MFU and a yard care service.Years gone by, we rented and the landlord complained I wasn't caring for his yard.
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20 November 2015 | 3 replies
Not only has she been instrumental in growing the Chicago Investor Meetup but she has become a great friend and real estate colleague.
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15 November 2018 | 17 replies
Not only to construct it but to handle the data processing steps in an automated fashion.
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2 October 2016 | 27 replies
Essentially, if you invest with the eyes of an underwriter and know how to assemble info about the deal (data-drive info, not smack: photos/video, sales comps, rental comps, cash flow summary in case you can't flip it, comprehensive rehab scope, security instrument samples and default steps for the lender to feel safe (define the worst-case scenario), your experience/bio, etc.