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15 March 2009 | 14 replies
Learning how to buy an asset to pay for your liabilities.
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17 August 2008 | 10 replies
This looks like the wrong end of a "Lonnie Deal".You include whatever you have to pay out each month in the cash flow calculation.Unlike houses, trailers are depreciating assets.
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25 February 2009 | 8 replies
If you also do the management piece, they can come after you if the LLC does not have enough assets or insurance to cover the damages from the injury caused by your negligence to do the repairs.
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21 August 2008 | 13 replies
If you really believe the dire predictions in that article then the correct investing move would be to convert all assets to cash.
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16 August 2008 | 0 replies
This is how you’re able to prove to the asset managers that you are really working to put quality work out there.
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22 July 2009 | 37 replies
In marketing my most recent rental, I placed a carefully worded ad in Craigslist and Backpage, with four digital photos, and I say in the ad I will email more photos upon request.
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27 September 2008 | 11 replies
"The bank" is an asset manager who is an actual person who talks to the listing agent.
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1 October 2008 | 8 replies
If the insurance is not escrowed with payments, just cancel the old, and get a new, as described above.As long as the asset/colllateral for the mortgage is insured, the lender is protected, they don't care what company you use, or who holds the title, especially if its in a trust.As long as the house is insured, payments are current, you'll have no issues.Sadly, many people THINK changing insurance causes issues with the lender and the title change.However, after YEARS of subject to investing myself, as well as thousands of discussions about this method, I have yet to have a single person back up that claim with proof.Besides, bottom line, at the moment, lenders have other issues more pressing than messing with a PERFORMING account/loan.When you get new insurance, make sure its fire and hazard, and includes liability, rental dwelling/non-owner occupied.
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31 January 2009 | 17 replies
If Blank fails, like the developer that already tried in this location, they will have no assets for you to go after.
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20 January 2009 | 13 replies
In other words, if you have 10 properties under the one "blanket loan", can you sell of one or two of the properties and still maintain the loan with the balance assets in them.