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13 August 2009 | 11 replies
If, in formulating a general rule, we say that depreciation is real and just, and that as a general rule of thumb, expenses must be related to that depreciation number as a MINIMUM, then1- This might help in actually creating a provable and accurate general expenses formulation, of course this would require actually holding property for the depreciation periods selected by the accountants and business managers.2-Now aswe add in the property taxes, insurance numbers, and their tax implications on the total true expenses, I think it will be clear that expenses are actually far greater then the 50% rule generally used.Finally, anyone who believes a realtor's assessment over that of an accountant, well, lets just say, there is no Santa, regardless of the sales person who thinks there is, and the investor needs to be aware or they will learn that the hard way.
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20 October 2009 | 5 replies
Writing or printing out letters will take up to much of your time.Most companies that sell lists will give you plenty of options to weed out names that are irrelevant to your business, for instance you can select: 3/2's with Absentee owners that live out of state with a tax assessed value less then 100k.
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21 September 2009 | 10 replies
I am being a bit selective in the areas and budgeting for a slow winter.
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29 July 2010 | 11 replies
Barnum sales pitch from the front of the room as described above.I have all but quit the local "networking" and "REI club" scene in favor of a select few, very high quality networking opportunities.
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16 February 2012 | 30 replies
Enter the fromjanitortomultimillionaire.com and you can either select a kindle from Amazon or a paper book.I was sweating some of the 3rd's and 4th's, but the equity was there and I was making huge commissions anyway.
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26 May 2010 | 82 replies
Two option here Mike, either we all move to Costa Rica (The weather beats Ohio hands down...) or we, selectively relax immigration laws.
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21 January 2010 | 20 replies
It's called SELECTIVE ENFORCEMENT and it happens frequently, and few "owners" can do anything about it, because if they resist, they become targets.
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23 October 2009 | 30 replies
Again, direct from the HUD website:The housing unit selected by the family must meet an acceptable level of health and safety before the PHA can approve the unit.
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6 November 2009 | 29 replies
As an reo agent the relationship is the main purpose for selecting the correct offer even if the buyer has an agent.