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18 October 2018 | 66 replies
Customers have options and they will move over money.
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17 October 2018 | 1 reply
If this is a form that was created by one of the Realtor associations, then it can only be used by a member.
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25 October 2018 | 3 replies
We are currently using Quickbooks but I am wondering if there is any type of add-on or software that can be used to create reports that will show everything for a property including purchase price/current value/mortgage, etc. instead of just the income/expenses that are on the P&L.
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18 October 2018 | 4 replies
@Daniel M Gibson sticking to fundamentals and your "gut" is always the best course.Unlike 99% of the investors on this site, my take is that investing for cash flow is a bad idea...it creates a jaundiced view of how things work...meaning that investing is about controlling assets as wisely as possible...not immediate cash flow.I use seller carried loans routinely because I'm in for the long haul (and I don't need rental income to survive)...as long as the purchase price makes sense, I could care less about income...the concept is debt paydown and future equity.
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2 November 2018 | 53 replies
If I recall correctly, it creates a liability for the owner by muddying the legal water if an eviction were to become necessary if they violate other terms of the lease.
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17 October 2018 | 0 replies
But, of course, with our mind set on building a rental portfolio, and the market we live in, it didn't make sense not to add an apartment over the garage to create cash flow for the mil to cover her expenses and travel as she's always wanted to.So, here we are, moving forward, plans in place, ADU permit acquired, ready to break ground and having trouble getting the Mil financed.First attempt was to get a Heloc loan, keeping it separate since she has a great rate on her first.
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24 October 2018 | 28 replies
Questions that I'd have about the references: -Are they customers who have closed loans with him or associates?
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19 October 2018 | 10 replies
Okay, so to clarify so I am 100% sure what you're saying: Say my basis is $100,000I spent $5,000 on a cap ex, say a new roof.I just add $5000 to my $100,000 basis to create a new basis of $105,000 and my depreciation is now $105,000 / 27.5 = $3818, correct?
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23 October 2018 | 2 replies
Also, some apartment communities like the communication that it creates with the tenant coming in to grab a package from the office.
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19 October 2018 | 10 replies
@Melanie HeigesThe cable from Spain to Virginia Beach has been laid underground finally and there is going to be a giant data hub similar to Ashburn VA near corporate landing.There’s tons of develop that is going to create jobs and hopefully make the market boom.They are also building a giant sporting complex near the convention center.