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9 July 2020 | 11 replies
I typically use this strategy for my clients who are able to deduct rental activities as passive investments and the accelerated deprecation does not put them over the threshold for the passive loss limitations.
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22 October 2011 | 8 replies
A decent home inspector will catch this, identify it to his client, and you'll have a buyer who is wondering where else you may have cut corners...
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24 October 2011 | 5 replies
Dale you are correct that I need to gather all my information before I start, which is why I posted this.
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25 October 2011 | 14 replies
If urban to suburban over 1 mile is not an accurate comp.In fact when I do BPO's for banks and mills they want usually within 3 miles for rural and sometimes up to 5 mile radius or less.Suburban usually 1/2 mile or less but up to 1 mile in certain circumstances.In Urban core they want 1/4 mile or less.The BPO companies and their clients feel even if a comp doesn't match up that's close they would rather have me make adjustments than go to far out of area where they believe the comps do not match to the subject.So I would re-look closely at comps and try to find better ones that are closer.Example if you can only find solds 1 mile away for 180,000 but no solds near you but actives for 150,000 then the 150,000 or less carries much more weight.The buyers are giving with the data that they will choose to pay more for a similar property in a nicer area and pass over the actives where you are willing to purchase.
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21 May 2015 | 62 replies
I have an android cell and tablet but that is irrelevant, IMAP should work with any email client these days, IPhone, Android or otherwise.
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22 October 2011 | 4 replies
It sounds like we are desperate to me.If any of your clients need a place to park the remaining fund Darryl remember the finder's agreement ;-)
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21 October 2011 | 8 replies
The agent is legally required to submit the offer to the seller for consideration, and if the seller chooses to make the bank aware of the new offer, that's his prerogative.If the agent refused to submit the written offer to the client, speak with the agent's broker...
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19 February 2012 | 16 replies
As a business owner, I can assure you that article spinning and virtual assistants are not good answers when it comes to attracting clients or market your business.
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10 November 2011 | 31 replies
If you have buyers who have the funds to purchase but are looking for some leverage, then you should be able to set up a similar program that is good for everyone.Suggestion: - 30% down on purchase/renovation costs (minimum) - 8.5 - 9.5% interest rate - 15 year amThis would be a great deal for an investor who cannot qualify with a bank - a great deal for a long-term lender looking for a lace to safely park capital - and a great program for you to market to your client base looking to purchase properties from you.Just my suggestions based on what we have had success with.
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28 October 2011 | 7 replies
If he works for a broker, the broker will get a percentage like any of the deals whether they are for friends or clients or himself.We have our own RE business & do investments too.