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21 July 2019 | 3 replies
With only an acre for parking and building, your probably either limited to a single tenant or low volume garden offices (maybe a small retail strip center, but the sizes would probably dictate shorter leases and higher turnover).
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23 May 2018 | 4 replies
Once my properties are stabilized this way, I begin to look at additional ways I can improve my property or limit my costs in order to increase revenue.
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31 May 2018 | 12 replies
To a lender, they will both be considered commercial (if the 4+2 are one deed) which will restrict you to commercial mortgages, and the limitations that come with them.From a depreciation standpoint they may both be considered residential depreciating over 27.5 years as opposed to 39.
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28 May 2018 | 12 replies
Commissions are negotiated and can be more or less depending on your office policy.Or, again with your managing broker's permission, tell the seller you know several investors that might be interested and get a listing... maybe a limited listing instead of a contract to buy it yourself... maybe as a transaction broker so you're just helping the buyer and seller consummate the sale (not representing either party as a fiduciary) and charge a commission instead of a wholesale fee.Just spit-balling ideas for you, but check with your managing broker to structure something that does work for all of you.
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24 May 2018 | 6 replies
It was broke down like this:xxxxx1: “O” Checking = Rent in, Bills/Expenses Out; xxxxx1: “A” Savings = Reserve funding in, CapEx out;xxxxx1: “S” Savings with limited withdrawals = Deposits Held;xxxxx1: “M” Mortgage loan accountxxxxx2: “O” Checking = Rent in, Bills/Expenses Out; xxxxx2: “A” Savings = Reserve funding in, CapEx out;xxxxx2: “S” Savings with limited withdrawals = Deposits Held;xxxxx2: “M” Mortgage loan accountAnd so onThis was fine up to a point, then it got way to convoluted keeping track of everything.
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2 June 2018 | 4 replies
But it depends on your preferences, lifestyle, personal style, what's top on your list.
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26 May 2018 | 7 replies
Wonder if it limits the secondary buyer's ability to resell the loans though.
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30 May 2018 | 3 replies
In Japan, they have Karoshi:http://uk.businessinsider.com/what-is-karoshi-japa...There is a limit.
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25 May 2018 | 18 replies
But there is a limit to how much you can exclude from ordinary income.
25 May 2018 | 8 replies
The purchase price will be 160k and the homes renovated value is between 210-220k. (4bd 2.5ba on 5 acres inside city limits)My question is, should i do minimum repairs and rent the home out for around 1500mo (pay the morgage) or flip the home.