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3 March 2016 | 5 replies
@Bradley Tetu if you have private financing it might not matter; if it's with a bank they might invoke the due on sale clause if you transfer title out of your own name.
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27 February 2016 | 5 replies
You're right, on the investment data that I have noticed on my rental.
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16 February 2016 | 13 replies
In your accounting for your business, you can transfer money from your personal bank account to the business bank account at any time - this is called an "Owner Contribution."
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13 April 2016 | 10 replies
I just found a nice map of the zipcodes at the link here: http://maryland.hometownlocator.com/zip-codes/data,zipcode,21239.cfm
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19 November 2017 | 176 replies
When a massive develeraging takes place, there will be a massive reset of wealth transfer from the weaks hands to the strong hands.
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3 February 2016 | 2 replies
Personally, citing numbers to a buyer, your current economics is not the issue.You site the Purchase Price, assume an LTV and calc the loan payment for say 20yr, 4.125%.Calc the existing GSI, expenses (with new taxes, insurance) but sans the principle and interese, and derive the NOINow you've got the data for cash/cash and cap rate.These numbers should entice the buyer to be interested BECAUSE there's a cash flow and/or cap rate.
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18 April 2016 | 179 replies
Great cash flow allows for many exit strategies.Remember, this is a business, not unlike poker, of making decisions with incomplete data.
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5 February 2016 | 8 replies
Last home run was a 3/2 1060sf for $2,360, thats total cost for 4 years taxes, rental insurance and transfer fees, today the occupant should be paying us his monthly putting our total collected at $2,450, so a paid for house after a few months of having the tax deed!
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4 February 2016 | 3 replies
No real estate commissions, no marketing expenses- just a small amount of closing fees - attorney, pro-rated taxes, transfer tax, HOA, etc.
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4 February 2016 | 2 replies
I got the transfer property tax cut by $2000.00 being a first time buyer and i never moved into it. it was a flip project for me just hold it for a year and it sounds like you are and you will be fine. if your worried then move all your mail to the property after all its yours. speak with a real estate lawyer and accountants before you do for legal or tax advise before you do so however.