Onyedika On
Property Manager Woes
20 November 2021 | 12 replies
Talk to the employees at the courthouse to see if you can keep your hearing date and submit the updated paperwork.
Elizabeth Wilson
Is BBB cost worth it?
3 May 2018 | 22 replies
There he twas chasing little bugs and butterflies minding his own lil monkey bizness.Till one blessed day he decided to get a BBB accreditation.Nancy, the BBB employee that shall remain nameless.. reviews that little monkeys company to give him said accreditation.That employee (Nancy) saved his number, called him up, signed a contract, wholesaled the house and got $18KThe end!
Katie Sorensen
Car Wash Owners/ how to analyze?
9 May 2018 | 12 replies
For my fully automatic car washes with no employees, I am there about every other day checking on things and fixing small problems.
Mike Norvell Sr.
The Next Shoe to Drop Is........
13 December 2009 | 2 replies
Many have employees that are closer every week to being officially unemployed, along with the store owners who will be closing up one day for the last time.I did find a few wholesalers who are doing well, buying up stock for pennies on the dollar from stores that are closing up.
Rich Weese
Income stream---GUARANTEED!!!!!
20 March 2010 | 21 replies
Do the #'s$10,000 car$2000 profit gross$2-4% interest to you($200-$400)Net profit on ONE car to lot owner $1600-$1800 profit He will LOVE you and your EXORBITANT rates!
Daniil Kleyman
ROI vs. ROE vs. Cash on Cash
16 March 2011 | 69 replies
And I rented the house for 895/month.Quick figures tell me gross cash on cash return is 15.34%.
Rick Tripp
Everyone put in $10
31 January 2009 | 61 replies
These exemptions apply to corporations, and any community chest, fund, or foundation, organized and operated exclusively for religious, charitable, scientific, testing for public safety, literary, or educational purposes, or to foster national or international amateur sports competition, or for the prevention of cruelty to children or animals.†Don’t see that one working myself...REITThis one I am very interested in but to qualify as a REIT it has to follow these basic rules1, Be an entity that is taxable as a corporation2, Be managed by a board of directors or trustees3, Have shares that are fully transferable4, Have a minimum of 100 shareholders5, Have no more than 50 percent of its shares held by five or fewerindividuals during the last half of the taxable year6, Invest at least 75 percent of its total assets in real estate assets7, Derive at least 75 percent of its gross Income from rents from realestate property or interest on mortgages on real property8, Have no more than 20 percent of its assets consist of stocks in taxable REIT subsidiaries9, Pay annually at least 90 percent of its taxable Income in the form ofshareholder dividendsBut the benefits are that a REIT PaysNO CAPITAL GAINS TAX.
Amy Bonis
Realtors as originators
14 December 2008 | 0 replies
As a part time W-2 employee of our company, suitable licensed for their state, the realtor would look like a star, increase their value to the client and earn 30% of the loan revenue as well.
Jeff Fairchild
Buy subject to and retail on the mls
4 March 2009 | 0 replies
ARV$245,000 List at 90% of ARV - $220,500.00 Sell at 87% ARV $213,150.00 Buy at 70% ARV $171,500.00 (no repairs needed) Gross profit $41,650.00 Money to seller-$1,150 Closing costs-$1,000 Holding costs-$3,600 Marketing -$750 Staging -$1,250 Total -$7,750 Buyer 3% commiss.-$5,900 Profit $28,000
Brandon E
Thumbs up or down?
4 April 2009 | 4 replies
Gross rents: $850Operating Expenses: $425NOI: $425Debt ($55K, 30 yr, 7%): $365Cash flow: $60 per monthThumbs down due to low cash flow, but if you could get it a little cheaper or were SURE that the rehab would be less, it would be close.Good Luck,Mike