18 September 2015 | 9 replies
I did not realize that rule about the homestead.
16 April 2016 | 5 replies
This is an "ad platform" model, and the one many project-driven issuers are using as it is exempt from all regulation (the offerings themselves still have to comply with SEC rules and state securities dealer laws, but the portal itself is free from oversight so long as it conducts business legally).There is a lot of internal industry debate about which is the best and there is disagreement among securities attorneys knowledgeable in the space about what is required.
16 September 2015 | 2 replies
Got all that taken care of and now I have to find out if I have to register the property with some local entity to be compliant with their rules.
16 September 2015 | 1 reply
This time, I have completely deviated from my rules and through discussions initiated by the tenant were able to have me agree (all our tenants think I am just the property manager and not the owner, btw) to a payment plan.She worked really hard for the past few months, paying most of the rent and sometimes falling behind.
18 September 2015 | 6 replies
Here are what the numbers look like at 76k:Purchase Price: $76,00020% Down Payment: $15,200 Closing costs: $4,000 (estimate)Rehab Costs: $11,500 (could be less)Mortgage Payment: $300Gross Monthly Rent: $1250 Cash Flow: $325 (using 50% rule).ROI: (325*12) / (15,200+4000+11,500) = 12.7%Zillow says the property is worth 130k, I am getting comps pulled as well.Just wanted to get some opinions on this, its getting harder and harder to find deals out there that are in good areas.
23 September 2015 | 4 replies
I've seen writing contests for properties but never a raffle which would (in NYS) be considered gambling (games of chance) and also involving US Postal service which gosh they have rules about all sorts of stuff you can/can't do via mail.
23 January 2022 | 14 replies
Second, check state, county, and local rules regarding pets.
16 September 2015 | 0 replies
Hello everyone,I recently attended a reals estate investing workshop in my area and I did n't hear anything about the 2% rule or the 50% rule.
17 September 2015 | 4 replies
I hope you're not talking about the "70% rule"?
17 September 2015 | 15 replies
In my opinion I dont think single family homes cash flow that great(less than 1% rule) here but multifamily seems to be decent just hard to come by good ones that aren't overpriced.