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17 March 2018 | 11 replies
Maybe not immediately to save some money but my 15 years of self employment says its a good idea.
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28 December 2017 | 12 replies
Here is an excerpt from Fannie Mae's guidelines on POAs:Allowable Attorneys-in-Fact or Agents Under a Power of AttorneyExcept as otherwise required by applicable law, or unless they are the borrower’s relative, none of the following persons connected to the transaction shall sign the security instrument or note as the attorney-in-fact or agent under a power of attorney: the lender;any affiliate of the lender;any employee of the lender or any other affiliate of the lender;the loan originator;the employer of the loan originator;any employee of the employer of the loan originator;the title insurance company providing the title insurance policy or any affiliate of such title insurance company (including, but not limited to, the title agency closing the loan), or any employee of either such title insurance company or any such affiliate; orany real estate agent with a financial interest in the transaction or any person affiliated with such real estate agent.
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28 December 2017 | 4 replies
Like if you're self employed and don't have every line of your tax returns memorized, then yup paperwork is needed.
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14 January 2018 | 9 replies
You could make use of weekends or if your employer will let you you could ask to work 4 days a week.
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26 July 2019 | 22 replies
@Russell Brazil@Aaron TaylorJust to do a contrast with my own properties, I wanted to check out a 20 year history using the same calculator.Here is what I got:Time Period: July 1999 to July 2019DJIA Return: 143.59%Annualized DJIA Return: 4.552%Total DJIA Return (Dividends Reinvested): 289.536%Annualized DJIA Return (Dividends Reinvested: 7.035%For the property I mentioned above, JUST in Appreciation, I am at a 19.33%The numbers for the IRR calculation is as follows:Year 1999 ---> -28,000Year 2000 to 2018 ---> ZEROYear 2019 ---> 960,000-------------------------------The IRR will be 19.33%If I take into account $40k in renovations in Year 1999, but then counted the Cash Flows (the dividends), the IRR then becomes somewhere around 18%.
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20 July 2019 | 1 reply
The employer (medical company) actually pays for housing and the lease for my property would be with the medical company, not the tenant themselves.Given that, I'm trying to figure out which background/financial checks are relevant.
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28 December 2022 | 26 replies
You'll still need to do the proper research and employ other strategies such as asset diversification and risk management if you want to maximize your returns.
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8 August 2020 | 21 replies
My guess is that if these gurus say they have had legal reviews of their materials, it was to CYA themselves and not as to the stuff they produce.Ideas are fine, understand too that in real estate, there is nothing "new" it will always be basic strategies, approaches or tactics employed regardless of the name something may be called at any time.
11 January 2016 | 2 replies
Your company will appear as their employer.
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27 July 2022 | 2 replies
We ended up working out a buyer's lease for a month because the mortgage company required one month's pay from that dealer to establish employment as I was commission based in the service department.