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2 February 2014 | 14 replies
The access road/driveway and everything inside the gated community are maintained and completely funded by our own, solely by using the cash from the collected HOA dues, we don't accept public money. 2. that our country's law does not permit the HOA to put lien or foreclose the houses that are behind with their HOA payments.
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14 September 2016 | 17 replies
Could still be profitable if "blow-up" happened annually, which appears very unlikely.Desirable area near public transport & 1 block from Lake Merritt in OaklandNow let's talk numbers..MonthlyOwner rents units to me at: $1,000I rent them out at market: $1,600Gross Spread $600Vacancy Allowance from owner $42Total Monthly Gross $642Actual Vacancy $133Other turn costs $42Net Profit per Unit/mo $467# of units 3Total Cash Flow $1,400.00 /moThat pencils out to just under $17K net annually to me if there are just regular turnover costs, without any "blow-ups" like drawn-out evictions, significant damage, etc., which I would expect to be rare, given the tenant I believe I can pull due to the desirability of the area.
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21 November 2016 | 6 replies
Although different business entities can address this issue, it appears only a one-person C Corp can offer a stand-alone HRA (healthcare reimbursement arrangement) that reimburses one for both individual health insurance premiums and medical expenses.Thanks for any input on this topic.
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5 February 2014 | 13 replies
My question is this:1) Being that I am an active duty military member, I believe that I qualify for the 5 year test period suspended (reference IRS Publication 3, page 12) and fall in to the 10 year suspension period.
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3 February 2014 | 9 replies
Otherwise it looks like Ohio law states you can only withhold the amount of any repairs caused by their damagehttp://www.ohiolegalservices.org/public/legal_problem/housing/landlord-tenant-issues/security-deposit/qandact_view
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6 February 2014 | 8 replies
My situation however is quite complex to say the least and I could really use the advice of some seasoned investors in a less public forum.
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5 February 2014 | 2 replies
I located, through public records, some people who either bought notes in the past or lent money secured by real estate in the Shasta county (not the owner finance people - only people who have lent on a property they didn't sell).
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5 February 2014 | 11 replies
There's probably not a deal to be made today but this is the type of seller to keep in touch with because her situation may change and she may decide she needs to get rid of it and will become motivated.I've seen it before where FSBO people were asking $200k for a house and it was on the market for years and then all of the sudden I see in the public records that somebody bought it for $50k.
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4 February 2014 | 6 replies
Run a public records/asset search, figure out where and what he owns.
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5 February 2014 | 1 reply
Does anyone in here have any experience with Arizona's subdivision public report law?