15 August 2024 | 2 replies
Depending on the facts and circumstances of the agreement, it could either be treated either1) the sale occurs as of the original agreement date, and then your taxable gain is generally spread out over the life of the principal payments as an installment sale (although I should mention any depreciation you've taken on your property could affect this), or2) the sale does not occur until the lease option is exercised, and gain reported at that time.
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14 August 2024 | 11 replies
I can tell you that their involvement is on the financing side only, as they work with local installer partners on the back end with the installer managing the customer relationship so Mosaic wouldn’t typically interact with the customer directly which might explain the gap in the line of communication.
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14 August 2024 | 6 replies
It would involve installing new dedicated water pipes per unit, three combi water heaters (to replace the two conventional water heaters and the central boiler), and three gas and water meters.
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23 August 2024 | 181 replies
@Tucker Cummings after struggling with SMS Marketing (and Wordpress plugin), and Slybroadcasting not having all the functions I wanted, I was just about to set up a Mautic installation on Digital Ocean when I came across REI Reply.
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15 August 2024 | 5 replies
Repair & installation costs in the Boston area are some of the highest in the country.- Watch out for residential tax exemptions, and be aware of which towns / cities have them.
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13 August 2024 | 13 replies
Back to the kitchens, I especially like the (before) galley kitchen with the tile floor, and if there was a door opening at both ends at ADA specified widths that would be a nice feature too.Good Luck!
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20 August 2024 | 45 replies
For purposes of this Section 19 only, “Interest in the Property” means any legal or beneficial interest in the Property, including, but not limited to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract, or escrow agreement, the intent of which is the transfer of title by Borrower to a purchaser at a future date.If all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender’s prior written consent, Lender may require immediate payment in full of all sums secured by this Security Instrument.
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13 August 2024 | 11 replies
I'd also install 1) can lights in the kitchen, 2) under cabinet strip lighting, and 3) a push-button for the garbage disposal.
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12 August 2024 | 6 replies
But per lot it will cost roughly the following:$1,500 Electrical poles, meter installation $2,000 water taps and connections$5,000 grading and land prep$8,000 septic installation (assuming a 1:1 ratio of homes to 1000 gallon septics)$5,000 down payment on each home ($700-750 / thereafter per unit)$21,500 total set up x 17 = $365,000Ongoing expenses after development would look something this for POH model: $12,750 a month in mobile home mortgages (17 x 750 for PITI on each unit) $1,900 a month in land mortgage PITI (house) $3,000 a month landscaping$2,000 a month in reserve emergency fund$2,200 management$21,850 a month total expenses $262,200/yearOngoing incomes after development would look something this for POH model:$27,000/month ($1500 x 18 {17 mobile homes plus house})$324,000/year324k-262,2k = 61,800 net pre-tax profit or $5,150/month.Opportunities to reduce start up expenses: Bulk deals with the government or contractors for doing all the work at once (electrical, water, land grading, septic) Trade free rent for someone to mow and landscape (turning a $3k event into a $650 event every month).
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12 August 2024 | 13 replies
Granted I have my own guys to install.