26 February 2012 | 5 replies
I would've had about 7-8k into this house if I had bought it and put in new HVAC so my question is would you have: 1. put the new HVAC system in and increase the # of years of the note for a higher price 2. put window units in and charged around 12.5k or 3. not put any money in and just sold it as-is for a cheaper price?
17 October 2012 | 55 replies
It all started with civic activities, eclectic graffiti programs, libraries, parks and all the stuff intended to benefit the lives of the people who can no longer afford to live there, but instead live a little farther east from their jobs (down town) and in the same crappy neighborhoods they can afford to rent in.Point in case, you can deploy negative strategies like trying to get property taxes increased and other dissincentives to remove the riff raff in addition to the positive things you may be considering.
14 February 2012 | 7 replies
This tends to affect flippers who market to FHA buyers as it can increase their hold times.
15 February 2012 | 3 replies
Note that this won't increase your IRS paperwork.
21 February 2012 | 13 replies
I need to finally pull the trigger on this.My pertinent info:-I own 3 rental SFR properties, all free and clear :D worth approximately $450k-I live in a 4th property which is mortgaged-I live in California :/-I also have a regular jobPrimary goal: asset protectionSecondary goal: increase tax advantages above and beyond my current sole proprietor statusAs a side note, I would also like to hear your thoughts on LLC'ing in wyoming/nevada/wherever else you can think of and how that model would or would not work in California as a foreign corp seeing as how "strict", for the lack of a better word, it is here in California.My entity/entities of choice would protect me from inside liability as well as outside liability.
19 June 2012 | 23 replies
Fannie/Freddie and FHA all have increased their underwriting guidelines on purpose to tighten the flow of condo's into their mortgage pools.
17 February 2012 | 7 replies
The problem is that the population has contracted so much that there are areas where if you try to rehab and aren't guarding the house 24 hours a day, your materials will be stolen almost as fast as you install them.
10 July 2013 | 11 replies
I then increase the price by $10k and got 2 full price offers days apart.
18 February 2012 | 8 replies
There is only a certain amount of Hawaii and the values will certainly increase again if and when our real estate market settles down.As I said in the first paragraph, I don't have any articles, only my experience and input from friends that live there.
23 February 2012 | 18 replies
So, if I can spend another $5k and increase the ARV by $10k, I should do it.