28 December 2014 | 8 replies
@Jordan Solomon Your wholesale profit will be determined by your ability to find and negotiate killer deals.
16 January 2015 | 2 replies
The due-on-sale clause was added specifically to give banks the ability to call loans if a property is sold subject to.
29 June 2015 | 7 replies
Long story short, two years ago i received a bill from Verizon stating that 4 cell phones have been opened under my name.
16 May 2015 | 4 replies
So, property management, construction, etc, and related expenses can be written off on your taxes; another nugget.In order for the IRS to recognize you as being in business your need to have the ability to link money to a source\an activity and once that is accomplished you can begin to write off expenses that are ordinary and required for your business.Now, I'm sure i am butchering the quote, but I think the just of it has been conveyed.Now, my question is, if my first business is land-lording and my 2nd business is, lets say flipping, or wholesaling, do I need to have separate everything; i.e. bank accounts, corps etc, following her logic, to apply her interpretation of the tax code correctly?
4 June 2015 | 5 replies
In the event that we do not buy at the end of the term, the buyer gets to keep the money and the house, allowing them to attain a steady stream of income over the next decade and then either the rest of the money or the ability to re-list the property after a decade of inflation in the area (estimated to be between 30 and 40 percent).2) we will offer £360,000 (80% of the asking price) on seller financing (wherein the seller themselves extend us a line of credit for that amount) for a 30 year, 10% interest, fixed term. £1100 per month, totalling £396,000 when all is said and done.
17 October 2018 | 9 replies
Making sure the buyer has the ability to buy is a great first step.When working with a potential investor after making sure they have the ability to buy I make sure their expectations are in line with the market.For instance if homes in an area are trading for 50-60k you don't want to work with an investor who is looking to by those homes for 30k.
29 June 2015 | 13 replies
My husband works several remote jobs with SEO, digital marketing, and freelance writing, which we funnel into real estate.
27 October 2012 | 21 replies
Your ability to rehab on budget and on time will come with experience.
17 June 2013 | 7 replies
I now want to pursue a multi-family home for instant cash flow and a place to call home.FHA is hindering my ability to make a profit monthly.
3 September 2015 | 8 replies
The good thing is that I have a lot of flexibility and I will have the ability to stick around as long as necessary to make sure things are rolling smooth.