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31 August 2016 | 12 replies
The lender will also have to research the HOA to make sure they are in good financial standings, no current lawsuits, and the owner occupancy rate of the complex.
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29 August 2016 | 3 replies
However, most rental property that gets reported and rolled up into ones individual taxes is accounted for on a cash basis.
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3 September 2016 | 5 replies
From Bigger Pockets I am looking for more invaluable experience and connections to like minded individuals in the area.
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3 September 2016 | 6 replies
Hey all, Wondering where people go to find Real estate deal financials so that I can practice deal analysis using real numbers.
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30 August 2016 | 15 replies
These numbers are approximately and based on financial institutions that I contacted and gave me quotes. 1. 220k x 3.5%= $7700 downtenants pay: 1200 x 3= 3600 mortgage: 1387 (tax, PMI, etc included)water: 170cap x: 200 (appliance depreciations, repairs, etc)loan: 176 (10k loan; my personal loan obligation) PROFIT: 1,667 mon. (20,004 yr) **I could save 6 mons from the profits and pay off the 10,560 from the personal loan.Property 2; I would write and notarize a contract up between me and a relative or close friend that will state that if they apply and qualify for a 30k loan which their monthly payments will be 528, I will pay them 10k over 12 months (834 per. mon).
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28 August 2016 | 2 replies
I tailor individual packets for each of them.
29 August 2016 | 3 replies
Rich Dad Poor DadRich Dads Cash Flow QuadrantRich Dads Increase your financial IQThe Real Book of Real EstateThe ABC’s of RE InvestingThe ABC’s of PMRich Dad RE Tax AdvantagesThe 10X RuleThe E-MythThe 4 Hour Work WeekBiggerPocketsPodCast -I hear #136 is exceptional!
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4 September 2016 | 4 replies
There will be lending specialists (residential and commercial), student housing specialist (CEO of Redstone development), financial advisor speaking on CRT's, and myself training on maximizing profits with Multifamily investments.
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31 August 2016 | 18 replies
I would advise any licensed agent to discuss with a qualified and knowledgeable attorney, the state laws pertaining to real estate licensing, wholesaling (if any), potential financial liability, and potential of license suspension or forfeiture before making any move in this direction.
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19 September 2016 | 4 replies
Are you looking for a general contractor or individual subs to manage yourself?