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22 August 2005 | 2 replies
Clearly if you didn't give them permission to do this, it would (to me) appear to be a violation of the lease agreement.
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1 November 2005 | 14 replies
I pointed out my age to make it clear that I do not have a lot of money, so I was hoping someone could point me in the right direction to go from here.
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27 August 2009 | 19 replies
If your estate will trigger inheritance taxes you should spend good money consulting with a good estate planning attorney.As a rough example, because real estate is considered 'illiquid', there are ways to transfer it to your heirs now, pay the taxes now on a discounted basis with you keeping control, yet when you pass away all the appreciation will belong to your heirs free and clear.
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18 April 2011 | 23 replies
This places tenant screening at the top of the list for a good manager and when interviewing someone for the job, they should be able to show you a complete, fair, and clear process.
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28 August 2008 | 11 replies
If you are good enough to make 5K a month wholesaling...what I call the "short money"...you're missing the bigger picture of the real estate business.The long money...the continue cash flow from owning a free and clear rental property whose rents continue rise with inflation...is the big payoff of real estate.Let's get real...if you find properties others are willing to pay you cash for...you just sold away a lot of expertise and effort for pennies on the dollar.Get in this business for real and quit chasing the "fast but short buck".Or at the very least, stop calling it "investing"...Take some words of wisdom from Warren Buffet:We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'
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1 February 2006 | 1 reply
The hardest one is the first one and then things seem to start clearing up.
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22 February 2006 | 5 replies
.- Fixup the house (total of $10K in work) and sell it for $150K (no Realtor fees on this one) only 3 months later- Lender will get their $100K back and you get the remaining $50K.After you pay yourself back for the $20K you put into the deal and the $10K for fixups, your profit is $20K.Does that clear it up?
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19 February 2007 | 14 replies
I took the time to read some of those posts.I can clearly tell that those people will never get anywhere in life.