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9 August 2015 | 2 replies
By searching out mispriced assets - Assets (property) that is being sold for less than what it's worth.Let's take a look at how our Sokcho Investors apply Intelligent Investing rules to Property #2.Original Asking Price: KRW 150,000,000After Negotiations: KRW 100,000,000 + 10,000,000 for all the furnitureKey Money deposit from new tenant: KRW 100,000,000Out of Pocket Price for our investor: KRW 10,000,000For KRW 10,000,000 our investors were able to get a room full of very nice furniture (in fact, one regret they had was leaving the nice furniture in there and not replacing it with sturdier, furniture) and control of an apartment in this building:Here's an important point to consider: The negotiation down to KRW 110,000,000 wasn't simply an arbitrary number to 'buy low' - but it was based on understanding the market and knowing what the current key money rate for the apartment was.
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9 August 2015 | 13 replies
Mortgage Co said they are trying to speed it along [usually use 45 day lead time] and the worst that could happen is we ask for an extension.My question is this: I have renters already lined up [my son and 3 college friends - w/parents as guarantors] but I can't draw up a lease without knowing the move in date.
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9 August 2015 | 1 reply
Hello BP and thanks for all the help. I me and my brother prob going to be inheriting my dads house(steal has a mortgage) and we are unsure what to do with it. It is in ardmore OK and need a littile work. I would love...
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9 August 2015 | 2 replies
Hello BP and thanks for all the help. I me and my brother prob going to be inheriting my dads house(steal has a mortgage) and we are unsure what to do with it. It is in ardmore OK and need a littile work. I would love...
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4 September 2015 | 96 replies
Therefore I want COMPLETE CONTROL over my finances and company policies.
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9 August 2015 | 3 replies
If a borrower borrows the PP of $60,000 and plans to fund the $40,000, a HML is going to want the $40,000 brought to closing and escrowed --- really meaning the HML controls the release.
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16 August 2015 | 39 replies
Its all of our jobs to watch over children, no matter how dumb their parents are.
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14 August 2015 | 13 replies
I live in Tucson myself...relocated here many many years ago from air force parents that ended up retiring here.
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21 March 2017 | 42 replies
Inside device has a remote control to set temp and air speed.
10 August 2015 | 14 replies
I would stay away from condos because you lack control.