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2 October 2013 | 11 replies
Fortunately, due to the transitive nature of the arithmetic, whether you incorrectly call vacancy an expense and deduct it, and all other expenses, from the scheduled rent or simply deduct the true operating expenses from the effective gross revenue (scheduled rent - vacancy - any other foregone revenue).
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4 October 2013 | 3 replies
Therefore I was hoping to use my position to leverage personal properties and natural progression thorugh the company by buying a house at every place.
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6 October 2013 | 28 replies
For the most part, banks are listing REOs at market value down here unless we are talking about really messed up houses needed extensive repair where pics showing 2x4s propping up the roof and black mold infestation etc...so...we are not talking about where the listed value REFLECTING the distress nature of the property and people are bidding up to and beyond that.I remember in 2006 when the market was hot it was like that multiple offers on first day and bidding wars, I was talking to a realtor on a property and explaining my offered value based on several neighbor comps which are exact same houses in the same community with same layout and square footage basically same house did not justify that price and she said "oh no, you can't use these comps, this one is 1 month old, in today's market comps are useless if more than 1 week, next week this house go up another 15% in price!"
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1 October 2013 | 3 replies
Open concept layouts with minimal to no carpet allow for better are circulation and are a natural fit for ductless systems.
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2 October 2013 | 12 replies
My boat eventually capsized and I survived the storm, but not without losing almost everything.My goal was to have passive income from multiple properties in multiple geographic locations to mitigate the impact of a natural disaster.
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7 October 2013 | 28 replies
@Taylor Green and @Linda Lin The nature of a second lien is in and of itself more risky than a first lien.
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16 October 2013 | 6 replies
Anything above that is commercial of nature and you'd be required to put a generous down payment.
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4 October 2013 | 4 replies
Thank you, everyone, for your generosity and friendly nature!
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16 October 2013 | 27 replies
Since we're based out of a real estate office, it would be a natural fit for a number of people.
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4 October 2013 | 7 replies
None the less reading a couple might start to help you understand some of the topics the contract deals with.In many cases, if the seller is institutional in nature, they will provide a contract to you which they desire to use and some times that is open for red line.