19 January 2012 | 30 replies
I had thought about this but it's really difficult to calculate a B/E because I don't know how much I can raise the rent to account for the utilities.
22 May 2011 | 5 replies
The reality is it takes a SPECIFIC type of personality to do property management effectively.Sadly a huge majority of managers are not good at what they do and want the residual paycheck.Other than a tiny fee and a big headache they get no benefit of depreciation,cash flow,principal pay down,and appreciation (hopefully) of the property.I can tell you flat out I am an investor and a commercial broker and I am all about closing sales.Never will I do property management.I love the art of the deal closing sales too much.It is really hard to find a property manager worth their weight in gold.If they do a fantastic job what you pay them shouldn't matter.Plenty of cheap but crappy managers out there.Expensive ones too that are crappy as well.If I found someone great I wouldn't mind paying them a premium.
7 November 2010 | 10 replies
You can take some short cuts in processing when there are compensating factors.Let's say your buyer is in the Army, an E-7 with 12 years in service.
28 September 2010 | 11 replies
You have to think that with so many wholesalers out there the average investor receives so many e-mail updates about new properties that sometimes it becomes tedious to see your inbox stuffed to capacity every morning.
11 March 2012 | 15 replies
I strongly suspect it will be collected on the 1040 as an additional tax on the total amount of investment income (reported on Schedule B, Schedule D, and Schedule E) provided the taxpayer's AGI is over the $200K/$250K high-income threshhold.
21 October 2010 | 0 replies
First, let me preface by saying a credit report is based on a bunch of algorithms or formulas that weight how important a particular factor is in relation to your total available credit.
25 October 2010 | 6 replies
Also, is the supplemental book you refer to the 400-page E-book: Principles of Real Estate Practice ?
31 October 2010 | 2 replies
When Joe Donnelly initially voted no on Healthcare, I sent him an e-mail praising his decision and encouraging him to stay on course for his constituents and for small business.
20 January 2011 | 12 replies
It is tough to explain 4 years of experience in one e-mail!
15 November 2011 | 9 replies
After going back and forth for a couple weeks over e-mail the issue was finally resolved.