8 March 2017 | 18 replies
Again, disputes about the operation of the LLC should not be a problem if you have only one member.An LLC that only has one member and plans on staying small will normally be formed as member-managed.
5 March 2017 | 4 replies
For the first few months, it was difficult to pay this amount to the bank, but i admit it was easier later.Now that's just the normal side of the story.
13 March 2017 | 16 replies
The town is tough, there is not a ton of inventory and unlike Meriden where I normally work, there are simply less buyers.In the end I was satisfied with the sale time and price, satisfied with the renovations and costs other than the septic and extra holding costs (would have been on target taking those both out), but the length of time with the house and septic hit both hurt.I consider it the cost of business, learn from it and do better next time!
6 March 2017 | 2 replies
You might be able to be a pretty decent renovation mortgage specialist after a year or two of doing normal mortgages is layered on top of your existing experience.
9 March 2017 | 5 replies
Taxed at your normal bracket. 1031 is more for investment properties but you may be able to get creative if it makes sense to utilize one 90k is a decent amount of profit.
4 March 2017 | 4 replies
It might very well show up if I go down to the county recorder's office in person, however, but it's no longer out there for the entire real estate community to see like it was when the owner was in default (I can't help but imagine this is not a coincidence...).But normal 2nd mortgages, liens, sale/transfer records recent enough to be in the digital era, refinances, etc, do generally show up with a high degree of accuracy.Specific to property taxes, you can just pull the property tax bill by google searching "CountyName property taxes."
23 August 2018 | 4 replies
If you're charging HIGHER rent-to-own rates than they'd normally pay for just renting there...
9 March 2017 | 29 replies
Normally it shouldn't take that long to rehab, but he's and older guy and does all the work himself.
4 March 2017 | 5 replies
Although they normally like you to showing with a signed executed contract in hand.3.
20 March 2017 | 14 replies
Inexpensive and appreciation don't normally go together.