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23 October 2008 | 39 replies
If you like to "hope so and wait" type of person, choose stocks.Real estate on the other hand has all the benefits.Their values are like a slow moving train that youget to inspect, repair, rent, insure, buy 7 different ways,sell 7 different ways.You can see it coming (appreciate) and going (depreciate)in time enough to get on and get off and make a profitbefore, during, after, and all around.There is no comparison - real estate is the best hands downas long as you're competent(take all costs into consideration) and prepared(have the best support team).Sure yo can kind of be 'competent' and sort of 'prepared'in buying/selling stocks, but again, it is still a "hope so and wait" 'technique'.
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30 July 2008 | 5 replies
Am in the process of purchasing a SFH that my agent had never once informed me any HOA fee involved, though he’d checked those boxes that said seller shall pay for HOA transfer fee and seller pay HOA document preparation fees on page 2 0f 8 from purchase contract; item 4 E.3) & 4) (which I later found out from my friend who‘s an agent also); where I’d let it slipped; just went by his verbalization when he’d went over the contract with me; he did told me none of those fees on page 2 concerned me and they’re all paid by seller with the exception of 50/50 escrow fee; without further scoping into the itemizations which he should’ve had; so should I.
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28 June 2009 | 26 replies
What allowed you to get paid when conventional financing was used was the "special invoice" that showed up on the HUD.
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22 June 2011 | 26 replies
They called me today to offer me a mentor for "$19,000, no $14,000 no $5000 .....wait, I'll make you a special deal because we really want your testimony.
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9 August 2008 | 4 replies
If I were preparing a strategy for a sandwich lease what would I write into so that if my T/B did not make the entire year, thus leaving me with only a few months left on my seller's option. say I setup a deal w/ seller that gets me control for 12 months. 1 month later i find T/B but he only stays for 7 months.
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14 March 2010 | 15 replies
Reduce your Property Tax Expense: Contact a company that specializes in going to bat for you with your county tax assessor to get your valuation and taxes reduced.
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19 November 2008 | 58 replies
Have a look at this post.10% down is pretty much the minimum for an OO property, except for special programs. 20% for investor loans.
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5 August 2008 | 44 replies
I suggest you get together whatever paperwork you have concerning her, and if you can't understand it take it to a lawyer who specializes in evictions.
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8 August 2008 | 7 replies
The inspections are a hassle, but as long as you prepare for them, it's not that big of deal.
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5 August 2008 | 3 replies
I try to specialize in Mobile Home where note no-pays are repos and go much quicker. :)