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30 June 2023 | 141 replies
But I've heard about plenty of people who have spent their remaining money learning about investing in real estate without realizing the irony that just buying any house would provide better education than an upsell pitchfest, excuse me, a real estate seminar.
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14 September 2017 | 11 replies
For example, does the Florida policy, which caps the yearly increase in taxable value to a low percentage rate, remain in effect when the property becomes a rental, so long as there is no refi/transfer to an LLC?
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20 May 2017 | 22 replies
Owner has a few otjer full of tenant in place properties fully leased, which I believe they self manage, ( I have yet to ask), but them remaining the PM may also be an optionThe numbers would be $70K to seller, $2500 for assignment fee, buyer pays all closing cost.
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11 October 2019 | 8 replies
At the end of the lease, I had the option to back out, and get my $70,000 back, or purchase the property by paying the remaining balance of $10,000K.
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16 May 2015 | 4 replies
, prorated tax/ins who pays, days for contingency for inspection, some out clauses if you cannot find the buyer in time, definitions of property, partners, etc etcYou'll want to bring the seller side contract to the closing/escrow agent to drop your earnest money in per your contract verbiage so that you have an enforceable contract since you dont want to write down earnest money to be deposited in 3 days after mutual acceptance if its day 5 and you still havent sent in your EMD.Then you find your buy side contract and submit it into the closing/escrow agent, draw up the assignment instructions to the agent or double closing instructions to the agent to follow.Cash/hard money comes in from end buyer to close seller side transaction in a double closing, records, then the remaining proceeds goes to close the buyer side transaction (between you and end buyer) minus your closing costs will be your net cash proceeds.If you chose to do an assignment the deal gets consummated as one transaction not two with the double closing and the assignment that goes to you shows up in costs of the transaction with the the original seller side contracted price showing to the end buyer.
31 December 2016 | 70 replies
It can go down but the cash flow remains.
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30 August 2010 | 125 replies
Of the seven remaining streams, three are related to real estate.
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27 October 2010 | 21 replies
Believe it or not, there have been many in court, and the laws that are enacted support both sides, so know your rights, and his, but don't think for a minute it is your responsibility to educate him.Once he's out, you've got 30 days, according to what I read, to give him an itemized list of deductions and any remaining security deposit he's entitled to.
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7 September 2011 | 27 replies
not enough room to even do cosmetic and rehab so along do major rehab and hold for 4 to 6 months and sale....The answer remains unknown.
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14 May 2018 | 108 replies
So live as close to work or school as possible - walking or biking distance - and use a FHA loan to buy place with the intent to rent out all the remaining space.