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10 July 2016 | 18 replies
Every year I talk to countess "Investors" who: * Have been thinking about investing * Have been reading about investing * Have a friend who failed at investing so that means you'll fail (The elusive friend) * Are saving for a down payment * Are Waiting for rates to go down * Are Waiting to finish their real estate course * Are Waiting for their mentor to tell them to buy * Are Waiting for summer (insert any season), to get started * Are Waiting for the market to straighten out * Waiting till they can afford it * Waiting till they get a promotion * Waiting till their friend or relative can partner with them * Trying to read just one more book, then they will get going * Waiting till they buy their own house * Waiting till they get a raise * Waiting to graduate from college * Waiting till their friend or family member becomes a realtor * Waiting to be married * Waiting till they contribute their maximum to a 401k * Waiting till they get done working on their own homeThen after giving me their excuse for waiting to start investing they ask: * What happens if the toilet gets clogged?
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8 June 2009 | 15 replies
The bad of course is that you are dealing with low low income tenants and neighborhoods which can be risky.Is there any books or web info related to Section 8 that is of value?
24 March 2008 | 3 replies
Some are relatively safe, and in some they set you on fire when they mug you, board the buses like Jesse James and rob every one on board, and there are places where gangs will take control of an entire apartment builing and hold it while they rob everyone in the building.You need to know the good areas from the bad and you need to know real estate law before you start putting your money there.I also suggest that you check into inheritance law if you are going to be a family unit.
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5 April 2008 | 8 replies
This money currently earns me about $2250.00 a month but it's PV could diminish if market conditions change making me look strongly at Multi Family RE.The money is in my S corp that is not related to REI.My CPA says to take a Distribution and form an LLC for REI.
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25 March 2008 | 7 replies
Now you have a lot of equity and a relatively small mortgage for the value of the property.
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24 March 2008 | 2 replies
Plus all your other expenses related to that building.
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28 April 2008 | 2 replies
hey guys gals, I was just wondering if you know any sites or links to anything relating to real estate loans that I can download on to my ipod?
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2 April 2008 | 10 replies
You should deal with all matters relating to your apartment with your landlord.
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1 April 2008 | 10 replies
my state and the surrounding states have passed legislation that outlaws certain activities as it relates to foreclosure. a national "guru" may or may not be familiar with how to maneuver around such obstacles.
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30 March 2008 | 4 replies
And he would tell all of his friends and relatives who would also do it again and again and they would tell their friends and so on.If this really worked, the job they are "hiring" you for, wouldn't be needed.