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11 July 2013 | 11 replies
Talk to people, let them know you are somebody that buys real estate (some say not to call yourself an investor, that will end up being your decision how to describe yourself, both mean basically the same thing).
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29 March 2020 | 44 replies
Basically you take your FMV (fair market value) from the tax bill and you can use this percentage to split.The cost basis is the % of your purchase price based on the allocation I described above + your improvements as described in the prior posts.Each year, you calculate the depreciation using the cost basis for the asset only using the IRS schedule.
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13 July 2013 | 13 replies
What you are describing is more accurately described as "instrumental value" or "final value".
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4 April 2014 | 3 replies
WARWICK, RI 02886, The premises described in the mortgage will be sold subject to all encumbrances and prior liens on June 28, 2013 at 11:00 AM on the premises, by virtue of the power of sale contained in a mortgage by ...All the ads I saw were "on the premises", so sounds like the sales are not at the courthouse.
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7 November 2014 | 22 replies
Will F.My suggestion is having a contractor (or handyman) look at your units and give you a set price per unit type for the work you describe and say that this will be a recurring gig if he continues to do a good job.
10 July 2013 | 14 replies
Real Estate agents sometimes do the placement part, and will get a fee for this service.What's you're describing sounds like an on-going fee paid by the tenant to your company.
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11 July 2013 | 5 replies
I know to try the auctions for buyers, have a few names for lenders but I am most interested in getting a good base of knowledge for finance options including basics a bit more advanced than the Beginner's Guide describes.
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11 July 2013 | 7 replies
I'm sure they'd appreciate a personal call describing the deal.
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17 July 2013 | 15 replies
The landscapes are in great need of attention ... the landscape crews (children) have moved.The type of neighborhood I just described could be a huge challenge for many investors.Yet, for the right group, this type of neighborhood could be a goldmine.
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21 July 2013 | 10 replies
I'm going to be living in one unit of a triplex in Indianapolis' Fountain Square neighborhood, and I'm using an FHA loan to do it, pretty much exactly as described here http://www.biggerpockets.com/renewsblog/2012/11/08/fha-loan-multi-family-investment-strategy/ only my purchase price is only $50k and rent is $500 per side.