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Results (10,000+)
James Collins Rental business LLC?
9 November 2012 | 42 replies
My impression is that the carriers that still do business here are trying to cut out risk anywhere they can because of future hurricane possibility.
Gary Dezoysa How do wholesalers determine repair costs?
9 November 2012 | 2 replies
Take a look, listen to what the seller/real estate agent says, cut that in half.At least, that seems to be how most wholesalers do it!
Kelly Madden Finding a down payment!
12 April 2013 | 14 replies
That gives the lender the right, but not obligation, to call the loan.Ways to come up with more cash include:- Borrowing from a 401k account (puts your retirement at risk)- Borrowing against existing property (puts your existing property at risk if the rental goes bad)- Selling stuff- Cutting spending and increasing savingYet another approach is to buy a property using hard money.
Ben Bakhshi Growing a profitable buy and hold business.
9 November 2012 | 3 replies
I know of no short cut here.
Kevin Cardinale Before I Commit Unspeakable Mistakes: All I Know About Lease Options
12 November 2012 | 9 replies
I charge a much higher lease9. if I really want the house sold I give credits for the down payment, if I don't want the house sold I give credits for the price of the house10. for owner benefit have the term be 1 year, for tenant benefit have the term be 2-3 years11. at expiration of the option if tenant has no gotten a conventional loan or hit the lottery [ megabucks in Las Vegas ] he is vacated, 12. rinse repeat, until a tenant actually purchases13. [ lucky 13 ] pay taxes on the option down payment, and keep what's left overGeneral Housekeeping- have an escrow company hold all payments until all contracts are signed by both home owner and tenant- all payments are collected by 3rd party company, owner's bank get its payment, I get my cut- I take out title insuranceAssignment- once all paperwork is signed and money is rolling in and tenant is paying, sell the entire deal to investor, as cash flow, for an assignment feeDid I leave out anything?
Anthony G Your home an investment or liability.
7 January 2013 | 30 replies
To me the cost of home ownership can be supplemented with other streams of income.
Raquel Baranow IRS is Auditing My Real Estate Business
5 January 2013 | 19 replies
When I said "by that industry" I was referring to the farming industry as a whole.I highly recommend reviewing these links for more information.Chapter 11http://www.timbertax.org/publications/aghandbook/AgHdbk718.pdf Operating Expenses and Carrying Charges The rules for deducting timber-related operating expenses and carrying charges, as set out in Chapter 5, apply as well to Christmas tree production if the trees in question are more than 6 years old when cut or sold.
Steven E. Beginner.. Please help!
20 March 2013 | 5 replies
We were all studying engineering & during classes with a professor he told us about a black waterproof hydraulic cement impervious to salt damp that we could use to supplement the first course of the wall.
Daniel H. Private Street
20 March 2013 | 8 replies
One edge of one of my properties borders a private street and it is a bit of a pain.
Corey Dutton The Story of a Loan ‘Shopper’
14 May 2013 | 33 replies
This was when we should have stopped the presses and cut our losses.