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7 February 2016 | 2 replies
After three months and every thee months after that would be a common strategy for Probate.
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8 February 2016 | 8 replies
FHA, they're ensuring there aren't health/safety issues too.You can tell your local lender to get his *** out of the office and come look at the property a few days before the appraisal.
8 February 2016 | 0 replies
Does anyone have suggestions on other common break fix books?
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8 February 2016 | 16 replies
These passive investments can include: Net lease properties (NNN) Tenant-In-Common Investment Properties (TICs) Delaware Statutory Trusts (DSTs) These would likely pay around 5.5% to 6.5% to start, so more than what you are getting today but not $10K.
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9 February 2016 | 6 replies
Your only responsibility is to maintain the common areas and keep the riff-raff out.
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8 February 2016 | 4 replies
As to not bother her, I used common sense and sent the email to the .......Group email that her forward originated from and copied to her.
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20 February 2017 | 19 replies
I have no clue how much this bill would be in your area)Trash $- Heat/Utilities $- HOA $- Cap Ex and Ops $200.00 (This the fund that will replace common hallway lightbulbs and the roof eventuallyInsurance $125.00 (assumption)Mgmt Fee $300.00 (10% of total rents.
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2 March 2016 | 4 replies
Check out their website and mark your calendar if you can make it, I will cover some of the common avenues and the skills and interests needed.
11 February 2016 | 9 replies
Response to Angela DeBorjaI believe you need to be where sellers, owners, investors and auction bidders are to really be market wise.Learning this business has many advantages, but also giant pit falls; tenants suing you, not paying rent, rent escrow, no income (mortgage must be paid), repairs, unnecessary calls.negotiating with sellers can be distressing; tax sale, mortgage foreclosures, health issues, bankruptcy, estates.Bidding on tax certificates, lots of competition.I like to avoid the competition and deal directly with people who really want or need to sell.Go where you are respected and appreciated - to the sellers who want an offer.Rent court - who goes there - tenants who don't pay and----- and landlords with tenants who don't pay!
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9 February 2016 | 4 replies
Here are some examples of the more common types of permissible and non-permissible expenses when a 1031 Exchange is involved: Permissible Selling Expenses and Closing Costs: Owner's title insurance premiums Escrow agent, settlement agent or closing attorney fees Real estate broker's commissions Finder fees or referral fees 1031 Exchange Qualified Intermediary fees Documentary transfer taxes Recording or filing fees Attorney fees and costs related to the disposition or acquisitionTax advisor fees related to the disposition or acquisition Non-Permissible Operating Expenses, Financing and Closing Costs: Financing or lender costs such as loan fees, loan points, appraisal fees, mortgage insurance premiums, lender's title insurance policy premiums, and other loan processing fees and costs Prorated Property taxes Prorated rents Insurance premium payments Security deposits Payoff of credit card balances Repairs and/or maintenance costs