19 December 2022 | 13 replies
Granted, this is as much business as real estate, which is why at my advanced age and reduced energy level I’m not interested in doing it myself, but they showed me their financial statements for the operation and I was impressed.
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19 December 2022 | 1 reply
Clean and Green means I have reduced taxes in holding the property, back taxes would be due if it were to be developed (maybe $20K).
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1 September 2013 | 40 replies
I know there are reduced numbers of buyers when selling larger MFR's, but with strong returns, I have no desire to sell.
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1 January 2013 | 10 replies
If the minor child spends extended time at the non custodial parent that parent may not have to provide payment during that time frame, thus reducing the amount of income for your tenant during the time the child is away.
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17 December 2022 | 7 replies
Ironically rent control reduces housing supply and thus makes housing more expensive.
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28 November 2022 | 0 replies
Thanks to the Cost Segregation Study, the property investors accelerated the depreciation that the first year depreciation was approximately $3.1 million.The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.
29 January 2020 | 87 replies
You can at least reduce your loss and learn from this one and not have to bail.
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30 October 2015 | 6 replies
agreed screening are one tool to REDUCE turn overI would call the employer, their second-landlord, criminal bg check.
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27 March 2017 | 104 replies
This is the one reason why I utilize this because it's absolutely predictable that it will follow a Financial Mathematical Schedule of Principal and Interest Payments, as well as Balance reduction.Because the Amortized Mortgage is absolutely predictable, and I for one follow the RULE "If you can Predict it, you can Profit from it", I actually look to Maximize this within reason.So while I put down 20% for an Investment Property to maintain a level of skin in the game and reduction of risk by having an attractive interest rate, I generally take about mortgages around $1 Million or above.That is because the Mortgage, being paid by my renters, will follow a very predictable path, one which will make me a millions as each one gets reduced or paid off.In fact, if you receive ZERO cashflow but your Million dollar Mortgage disappears in 30 years, you have effectively made an average of $33,333 PER YEAR for 30 YEARS.And, if you consider that the Mortgage Interest is deductible, especially for a Rental Real Estate Business, you have earned even more than the Million dollar mortgage.For some reason, this kind of thinking is not taught ANYWHERE that I have seen.
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17 December 2022 | 4 replies
Anything that restricts airflow will reduce the volume of air needed to keep the heat exchanger from running too hot.