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23 May 2008 | 10 replies
Once the traders know that we're in for a bit of stability (no more war mongering), we'll see a good drop.
2 January 2011 | 186 replies
Where they find the propertys for you.He honestly said he had bought only 1 property from them in Atlanta back in 2004 and it had a small cash flow, but with the current market it was worth no more than he paid for it in 2004 and the rents have not gone up.
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1 June 2008 | 22 replies
That is why I allow 50% of the gross rents for operating expenses, to count all the myriad of expenses that actually occur in the real world.To carry the discussion on speculation a little farther, I would argue that operating rental properties is a BUSINESS and is not speculation at all (at least no more than any other business).
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6 June 2008 | 2 replies
Buyer’s obligations under this Agreement shall be contingent on the Buyer, Third-Party Buyer or Third-Party Buyer’s Lender obtaining an appraisal of the Property satisfactory to Buyer, Third-Party Buyer and Buyer’s Lender showing the value of the Property to be equal to or greater than the Purchase Price.1.Buyer negotiating a “short sale” of the Property with the existing leinholder(s) that will allow Buyer to pay no more than XXXX total for the Property.
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13 June 2008 | 5 replies
If you've got a signed contract that you must pay him comission on anything you buy, then you have to get him to sign a release that he agrees that the contract is cancelled.In future, never sign any agency form that binds you to a buyer's agent for a set length of time, and makes you liable to pay him commission on anything you buy, whether he is involved or not.When you sign a buyer's agent contract is should do no more than state that the agent will represent you and that you will pay him the commission on any house that he finds for you.You can even sign the conrtract one house at a time.If an agent wants to insist upon a more binding contract, just tell him no.
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21 June 2008 | 23 replies
Tell her I decided no more than 1 dog?
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9 July 2008 | 163 replies
The main difference between business owner on the right and self-employed on the left is this: If the self-employed owner was to take a 6 month vacation, he/she would come back to find their business was no more.
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18 August 2009 | 17 replies
:woohoo: No more No-Doz for me after 5pm!!
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10 July 2008 | 5 replies
Because short sales are currently net 80-82% of Fair Market Value to Fannie--which is more than Fannie gets from an REO sale, not to mention that by the time the property goes to foreclosure, it's worth far less in most areas of the country and has sometimes been vandalized. http://www.rebuild.org/news-article/foreclosure-and-stripping-homes/ To ensure that the former homeowner is ready to purchase again in two years, s/he should pay all their other debts on time and use no more than 50% credit capacity on credit cards.According to the Mortgage Debt Forgiveness Act of 2007, the amount of mortgage deficiency (known as "phantom income") will be forgiven if the house is owner occupied.
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13 July 2008 | 43 replies
Don't know if all that will help or not.The low cost of living keeps rents low, but property taxes are high. 100,000 house will usually rent for no more than about 700 - 850 tops and the taxes can be anywhere from 1,000 to 2,200.