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3 November 2006 | 6 replies
If you have kept to your end of the deal you should be fine...you may even have a case to retain your earnest money.Additoinally, check with the county and see if you can't drum up a final Bills Paid Affidavit that states that the contractor has been paid in full for the work done....The other problem you will encounter, is that while you may not find any paper on your lot specifically, some counties, halt the deed transfer over the entire original abstract even before it is broken out to the buyer...so you may be looking at the wrong ownership table.Hint: contractors for subdivisions are too lazy to file leins over each individual lot, so therefore they tag the entire boundary.
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24 March 2007 | 7 replies
Even if you flip houses its important to be able to write off business expenses, all though you can do it on your own, a corporation has more legal rights to write a lot of other things that individuals can't, its that plain and simple.While a corporation has over 600 plus tax write off as of the summer of 2002, the individual person has maybe at best 6 tax deductions.
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2 September 2006 | 0 replies
Guessing on Revenue from Condotels in the United StatesWould-be buyers of condo-hotel projects in the United States are largely left to guess at the revenue their units will generate because Federal security law bars real estate developers from passing on the projected hotel guest rate to condo-hotel buyers.
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17 October 2007 | 10 replies
This individual will become key to your decision making process and is worth paying from your eventual proceedes a portion of the profits.
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14 September 2006 | 5 replies
This is definitely a very charged subject, and large generalizations obviously don't represent every individual.
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10 October 2007 | 51 replies
qualifier to last post:factors that impact rei strategies:EXPERIENCE - this involves having advanced knowledge of rei - being able to look at something and KNOW it's a gem, realizing that even at or below break even for a year or two, a certain investment is a great opportunity regardless and this of course, depends on the next factor.CASH (OPERATING FUNDS, DOWN PAYMENT, BUYING ALL CASH, ETC.)Individuals, partnerships, Corporations etc, that have the means to close in 48 to 72 hours, or have enough funds to take on a negative cash flowing investment for an indefinite period of time - again, knowing it's a killer investment opportunity.
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25 November 2006 | 10 replies
HISTORY REPEATS itself...so once upon a time...we had no C/D paper loans -whether it's the bank fault for their programs or due to individuals taking advantage of the programs...we will one day have no C/D loans like before - if all of the so-call experts don't take some responsiblity in this industry.As far as people making a good living on these type of transactions is a given - I'm fully aware of the LOVE of MONEY will cause individuals to do pretty much anything to get it!
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31 January 2007 | 11 replies
It also covers the companies advertising costs, but not for individual properties or agents.My split is 95%
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18 September 2006 | 0 replies
Also you have the ability to earn extra income with our Lending company that will process all the loans you generate and give you 35% of lending cost.
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6 December 2006 | 18 replies
Keeping good residents by performing maintenance in a timely manner is one of the reasons many renters wish to deal with a PM firm rather than an individual landlord.