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3 November 2005 | 2 replies
We moved your message because it was basically a promotion for your website.
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16 November 2005 | 0 replies
This means the CAT tax applies to C Corps, S Corps, LLC's, basically any business structure.- The CAT tax applies to rents received in the normal course of business although it does not apply to the disposition of capital assets.
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29 April 2006 | 8 replies
hmm... a few useful bits of info from what I've learned so far without copying the entire fix and flip page from my website:An ideal place to start looking might be in neighborhoods that are in the 25-35 year old range; basically where houses are outdated but still hopefully in good structural condition.With this kind of unit, you can focus on some of the more basic, value-added repairs such as paint, flooring, landscaping, and other basic finishing touches.
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21 February 2006 | 2 replies
If for no other reason just so I understand basic terms, financing principles (there are a ton of ways to buy property) and investing strategies outside of merely buying, fixing and selling (flipping).
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4 March 2006 | 3 replies
As a result, my friends, family, and clients are getting crappy service and that gets attached to my credibility.I basically don't trust any of the services I am aware of that claim to provide or source out "qualified referrals" because there is no incentive for those third party services to provide a good quality service to someone who isn't a repeat customer (listing agents, home sellers, and buyers aren't repeat customers for them...the business model doesn't encourage repeat customers).
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13 February 2006 | 1 reply
We basically would need to finance $133,500 total to have enough money for repairs, we guess, but a normal mortgage won’t let us go above the sales price of $113,500, obviously.We could mortgage & put the repairs on a credit card, but short term the cash flow of the house would not let us pay the credit card off quick enough.The seller cannot finance at all since he needs to pay heirs, so he needs the $113,500 at closing.I do not yet have any private investors.Any help/guidance/suggestions we would greatly appreciate!
21 February 2006 | 0 replies
Its all webbased etc, no downloads - easy for the end customer to view basically.
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22 February 2006 | 5 replies
For example if your house costs you $100,000 when you buy it and then seven years later you sell it for $110,000, basically you pay the bank back their money ($100,000) and you keep the $10,000 for yourself.
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5 May 2006 | 28 replies
I am glad to see someone else writing that down... because that was a concept I was trying to explain to my business partners just last week!
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4 March 2006 | 12 replies
Basically, you want someone to go through the house and nitpick for every single small thing that will need to be done and have them estimate the low and high values for repairs.Then you go to the negotiation table.