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6 March 2012 | 18 replies
I can not only talk to and show these kids how to avoid the perils of bad decision making but I can also introduce them to the foreign (to many of them) concepts of investing, entrepreneurship and wealth creation and help change their lives as well as the quality of life of their family.So try 'giving' as a second career and perhaps it will make you feel more well rounded as well as appreciated.
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18 March 2012 | 58 replies
Example if you can land an assumable commercial note at 7% and the going rate is 6.5% and with the assumable you put 10% down and the regular lender you put 25% down you have to analyze the cash outlay.You might accept a slightly higher rate with an existing loan with less down.It really is the wild west out there and as the vice president of special assets of Regions told me they look at every file on a case by case basis.They have many tools at their disposal so I just usually talk to them to see what they would consider.It's a bunch of phone calls and follow up to get things done.On the residential side I haven't done much there in years although I am looking into wholesaling to rentals to foreign investors.I have a local Atlanta property manager and they only do rentals and no sales.That is perfect for me as I only do sales.
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24 March 2022 | 89 replies
What if you are foreigner who can't get conventional loans?
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17 April 2013 | 6 replies
We don't change how we live from these incidents, I think it makes us all more determined to not fear any group with greater resolve against all enemies, foreign and domestic.My thoughts and prayers are with those victims as well and praise those who acted in response.
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5 October 2014 | 10 replies
Is this the proper forum for asking about a specific lender in Brazil? I have a deal in hand, and need 185k fix and flip loan, and I am wary about out of country lender, unless others have used him comfortably. I wont...
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12 May 2011 | 3 replies
There is plenty of case law showing the failure of foreign asset protection trusts.
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14 July 2016 | 1 reply
@Tajinder Kandola, in most cases the 1031 property has been held for more than a year thus saving you the 15 - 20% US capital gains tax.What is usually more of a concern for foreign investors is that regardless of the potential gain, the FIRPTA act require a withholding of 15% of the sales price of the property.
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15 November 2019 | 29 replies
-Puerto Rico tends to be very attractive for travelers due to several facts that distinguish us from similar vacation spots near by:1) It is a completely different country from the US with unique cultural differences ranging from food, music, language, history, customs, etc. but still having the many advantages of never actually leaving the US / so you get the best of both worlds (experiencing a foreign country without actually taking the risks of leaving a US territory).2)US currency is used, so no need to go thru the hassle of money exchange and conversion headaches.3) No visa or passport needed to travel4)You can find people that speak english in most areas of the island so no big issues with translation.5) You can also find some familiar and popular chain stores if any last minute items are needed.Now one of the most important facts to take into account is how the hotel industry works.
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30 January 2020 | 7 replies
Did a perfectly good job on data input, but missed about 50 foreign disclosures required from his K-1s and 10 other states he should have been filing in.
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31 December 2013 | 89 replies
We are in a much better position to achieve the goal this year.Goal: Five crews completing total of 45 housesRehab one house Sarasota, Bradenton at the end of the year.Other goals ... work 40-50 hour weeks instead of 70-80Take at least 4 - 1 week vacationsPedal the trail from dc-pittsburgVacation one foreign country.Think more, plan more, delegate more.