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16 May 2024 | 2 replies
Hello,In chapter five of Rich Dad Poor Dad by Robert Kiyosaki, he briefly recounts how he made $40,000 with 5 hours of work by buying a "courthouse" property, listing it for less than market value, having the buyer sign a 10% promissory note, and then have the buyer assume all liability.Can someone explain to me what exactly he did, and whether it is legal anymore (especially in Idaho)?
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16 May 2024 | 2 replies
If I assume NO property value change, in 30 years, the WH property will have turned $383K (down payment plus $800 monthly negative loss of running the property) into $459K.
17 May 2024 | 13 replies
NNN leases are great. but if you get a vacancy in a property that represents 10% or 20% of your portfolio value and it takes you a year to fill it, you are more willing to compromise on the tenant or negotiate the lease.Sounds like you have a good thing going.
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16 May 2024 | 7 replies
The sum spent on these presents can fluctuate depending on the broker's budget, deal value, and individual tastes.
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15 May 2024 | 8 replies
We hold GC and HIC licenses and provide the most value on large scope projects.
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15 May 2024 | 14 replies
Loan to value ratio: The higher the loan to value ratio (LTV) is, pricing takes a hit.
15 May 2024 | 8 replies
2-4 units typically have lower loan to value then do single family homes.
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15 May 2024 | 10 replies
Loan to value ratio: The higher the loan to value ratio (LTV) is, pricing takes a hit.
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16 May 2024 | 8 replies
With a lower median income but active market conditions, focusing on value-driven renovations that enhance living quality without the high-end price tag could be most effective here.Veterans make up notable portions of the population in certain areas, such as in zip code 13206 where approximately 8.04% of the population are veterans.
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15 May 2024 | 5 replies
But, if you are in a more "value" oriented neighborhood, this could work.Alternatively, on the single family side, I converted what was a 3 bed (granted the third bed was originally the garage) back into a 2 bed.