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2 January 2016 | 38 replies
Most properties will trade hands in under a 5 year span.
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31 December 2015 | 11 replies
I don't have much money, but I do know about urban and regional planning, transportation, municipal government, facility management (capital infrastructure), Bay Area culture and politics, data analysis, and computer programming.Happy to meet in person over coffee or over skype.Currently reading: Loopholes in Real Estate
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30 December 2015 | 9 replies
All 12 cylinders are firing.....most of the time:) We all get to go on vacations and leave the computer behind knowing the team has it under control.
2 January 2016 | 10 replies
It's impossible to answer meaningfully as there's no criteria state to make the evaluation.Consider: customer serviceclear and easy to understand documentationlargest inventory selectively chosen inventoryable to present the properties that match your budget and preferencesthat list is the tip of the iceberg as it could go on for pages.I get this all the time with computers and software - - we all fall into this trap from time to time.
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29 November 2016 | 22 replies
I would suggest avoiding cloud stuff, it seems to come, go and change all the time - and having your accounting data locally on your computer is a lot safer for the long run.
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2 January 2016 | 22 replies
Lee, It is quite unlikely the lender is watching/scanning the corporate registry for changes to directors/ownership structure, etc of companies which from which they have subscribed mortgages, though with today's computer search methods and big data processing, it is not outside the realm of possible.Technically, as a stakeholder / creditor, the lender should be notified at the time the company is sold / experiences a change of controlling ownership.
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4 January 2016 | 5 replies
We managed to pay off the loan by 2005.We bought our second rental in 2005, after taking out another equity loan on our primary, and again - - paid our "normal" mortgage payment, applied the rental from rental house number one towards the equity loan, made the normal equity loan payment and applied the monthly rent from rental number two towards the equity loan.In 2006, we bought yet another rental - using an equity loan on rental property two.That loan we threw the monthly rental money of the unit at.In 2008, we had paid off the note on rental number two and began throwing more money at the loan for rental three.In 2009, we bought rental number four and paid off the loan on rental number three later that year.In August of 2011, I retired from my job as a computer network engineer/database administrator at the age of 59 1/2, and began to withdraw money from my IRA & 401, using the losses on the rentals to offset the taxes on the IRA & 401 distributions.I had to use trial and error to guess how much to withdraw & be on the safe side as far as taxes go. $40K per year is roughly the "sweet spot" for that if you have 4 rental properties in the state of Ohio.
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30 December 2015 | 0 replies
I am a full-time student studying Computer Science.
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31 December 2015 | 3 replies
FICOs below 620 have maximum DTI of 43% regardless of AUS approve/acceptMinimum of 2 trade lines are required No more than $1,000 in disputed collectionsMust be all on time payments in the past 12 months of mortgage historyNo more than $2,000 in collections ........