17 February 2015 | 3 replies
A total of $1,339,839.22 in liens not sold.Number of liens sold to investors:2015 - 7672014 - 1,0622013 - 1,220Total dollar of liens sold:2015 - $752,379.782014 - $1,359,566.572013 - $1,868,433.33Average rate of return overall:2015 - 6.52% (12.58% if you include the Struck to County which all get 16%)2014 - 6.58%2013 - 6.83%Number of Investors who won liens:2015 - 682014 - 692013 - 106Total Number of bids for all liens:2015 - 4,3112014 - 6,2542013 - 54,255,0890You bid down the interest rate in 1% increments from 16% down to 0%.Rate Percent that had the most number of bids overall:2015 - 5% 551 bids2014 - 7% 1,162 bids2013 - 7% 18,001,058 bidsMost bids per lien/parcel:2015 - One lien had 35 bids2014 - One lien had 38 bids2013 - Two liens each had 482,840 bids I had more Use Descriptions for Coconino than Yavapai so there are more rows to break down the results for the lien auction among Property Uses.Again Vacant land had the highest rates and a large number of liens available:
27 July 2021 | 26 replies
I'm a GC in the NYC metro area but have, over the past fifty years worked in other areas of the Northeast.
28 February 2015 | 2 replies
If an Agent brings a wholesale deal for me, HOW MUCH or what PERCENT should I pay an Agent after I sell the property by MYSELF to my cash buyer?
11 March 2015 | 17 replies
some people have developed a really strong formula where they buy properties in the "mill hill" section of Baltimore. 21223 for 20k or less (being a realtor you'll find them), then they do a really nice rehab on them. (30-40k)...then throw a section 8 tenant in them for 12-1300 a month.....not quite that easy, but essentially, that's it. ....refi them at 80 percent finished arv,...good cash flow.
7 January 2016 | 5 replies
Great = +10%, average no percent, poor = -10%hope that helps.I still struggle with 7 being the right number.
24 February 2015 | 2 replies
Hi,I saw a property that i liked and i'm in the process of putting together an offer but i'd like to get some feedback from the forum on the maximum amount / highest price I should be willing to consider.Type: Mixed-UseLocation: Belleville NJRent Roll: 77K with some upsideExpenses: assume 50% ruleFinancing: i'm not sure about this one but I have good credit and i'm able to put down 25-30 percent
14 March 2012 | 2 replies
Don't HD cards have 0 percent interes for the first 6 months for purchases over a certain amount?
5 December 2012 | 59 replies
Recently, I talked to one of the top Realtors in Orange County (SFR properties) and they said (husband and wife team) to expect OC properties to drop another 10-20 percent before a real upswing in prices.
1 March 2013 | 31 replies
Depending upon your tax rate, you could lose 40+ percent of the money to taxes and penalties.
8 March 2013 | 27 replies
., the trustee or custodian), C) An employer, any of whose employees are covered by the plan (this generally is not applicable to IRAs but dos include the owner of a business that establishes a qualified retirement plan), D)An employee organization any of whose members are covered by the Plan (this generally is not applicable to IRAs), E) A 50 percent owner of C or D above, F) A family member of A, B, C, or D above (family members include the fiduciary’s spouse, parents, grandparents, children, grandchildren, spouses of the fiduciary’s children and grandchildren (but not parents-in-law), G) An entity (corporation, partnership, trust or estate) owned or controlled more than 50 percent by A, B, C, D, or E.