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30 August 2017 | 1 reply
These are things you can give in detail to the buyer:Cash flow on businesses, condition of equipment, payroll, more info on liquor license transfer, are there existing liabilities, is the seller willing to sign a non-compete clause in case they want to open another similar establishment or invest in one, ask about current manager...staff experience, are they willing to stay.
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9 October 2017 | 17 replies
I was referring to starting a property mgmt company to be able to expense things such as travelling to and from properties, equipment purchases, etc etc.
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5 September 2017 | 14 replies
If you put a conventional loan offer and VA loan offer that are otherwise identical in every other way in front of a seller in the Austin area, I would expect the conventional offer to win almost every time.
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18 October 2017 | 8 replies
Home Depot or equipment rental places rent them as well.
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29 August 2017 | 6 replies
I am a huge advocate for people respecting the business we are in (this means taking the time beforehand to mentally prep and equip yourself for the great real estate journey you are about to embark on).
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6 September 2017 | 5 replies
I actually just read an article to inform myself and it seems that banks use more than 1 method to determine the value of a property such as this one.1) They compare to other similar buildings2) They calculate how much it would cost to build an identical building3) They use the revenus and expenses (this method gives the lowest result)Perhaps my real estate agent was considering some of the other methods and took into account it's amazing location and the actual municipal valuation.
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11 January 2019 | 46 replies
A checkbook IRA is nearly identical as an investment vehicle.
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23 January 2020 | 27 replies
If the car wash is automated, you have capital equipment, service, consumables, maintenance, etc. all to deal with.
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18 September 2017 | 8 replies
A space that has all the office equipment an people pay for a membership versus lease.
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6 September 2017 | 13 replies
Or maybe look for the true identity of rich dad ;)