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26 January 2013 | 6 replies
(line 6 of schedule E) or the 1388 needs to be spread equally across all your properties ?
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25 January 2013 | 2 replies
Sometimes they have an e-mail address, attorney contact that filed for them, or a phone number.You can also go talk to the neighbors next to the house on each side and maybe they see them come by time to time at a certain time of the day.
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26 January 2013 | 0 replies
House flipping is back, and the Tucson market is being touted as prime for the practice.The stabilization of home prices last year piqued the interest of A&E TV's "Flip This House" producers, who will be in Tucson next week to recruit flippers.Than Merrill, the show's star and co-founder of real estate investment company Fortune Builders, said Tucson is one of several markets with "potential for a big comeback.""
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11 February 2013 | 11 replies
Charlie,One book that really changed my life and the way I look at my business is the E -myth.
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19 September 2013 | 41 replies
Seth, the lens is a Olympus E-3 with a 7-14 lens
29 January 2013 | 6 replies
To keep it simple, I just took a $1000 repair expense on Schedule E (since that was my out of pocket cost) and ignored the portion of the actual cost to restore my property that was reimbursed by the insurance company.
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29 January 2013 | 8 replies
Ask if they will e-mail a copy of their management agreement so you'll have plenty of time to read it all thoroughly before you meet.
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28 January 2013 | 1 reply
All units were 6 months and now month to month.Here are the numbers I came up with have not yet recieved Schedule E or Rent Roll:Potential Income : 26,400 - (8% vacancy 2112) = 24288 (using current rents)Expenses: Tax 1309 (verified at asessor), Insurance 1819 (today's quote), Water 2880, Trash 1200, Lawn and Grounds 500, Repairs/Maintenance (assumed 10%) TOTAL: 9148NOI: 15140If I use VA the loan will cost me 1% for VA funding fee, and about 3K to close so I will assume 10 K to be safe.If he will take 220000 for it, loan will cost me 12,449/year leaving 2,691 in cash flow.CoC Yield: 2691/8000 =34% CAP Rate: 7%What else do I need to consider?
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28 January 2013 | 7 replies
,You would not provide the Schedule E only with personal and other property information redacted?