21 April 2011 | 6 replies
Because other aspects of my business(es) will have great impact on my tax bracket, available deductions, etc, I'm not sure I could accurately factor taxes into the equation even if I wanted to.
19 April 2011 | 7 replies
You must have an experienced individual run through the property and give an accurate estimate of repairs (and it must be based on the exit strategy, ie. if a retail flip, then rehab should be based on that, if a buy and hold exit to a landlord, then rehab based on that quality)
3 May 2011 | 8 replies
This is not usually too accurate but can be the basis of an offer if it makes sense for you.What is it worth to you?
25 April 2011 | 2 replies
What it sounds like from the local "in the know" CPA is that the following "related party transaction" should occur as follows:1 Agent and 501(C)(3) enter agreement dictating that a specific amount of money will be donated by agent from "qualified transactions".2) RE agent generates a commission from the sale of a "qualified transaction".3) Agent donates predetermined amount of money to 501(C)(3).4) 501(C)(3) realizes this income as non-UBI, agent expenses the amount paid, so there is no negative tax implication for either party.Does this sound plausible and accurate?
6 June 2011 | 4 replies
How does one go about getting accurate lease rates in the area?
27 April 2011 | 6 replies
You could even sell it later with owner financing or lease option... but if it looks like a gamble (you have no solid numbers and you are just hoping that it'll work out) - don't even touch it with a three foot pole and stay away.What are the "mixed units" ?
13 May 2011 | 19 replies
You will spend a lot of money mailing to address that are no longer accurate.
28 April 2011 | 13 replies
I may be bias, but I persoanlly believe that wholesale buyers are better served doing business with my on my deals than someone else because I have the knowledge and experience to provide proper and accurate numbers and provide deals with good spreads so that the wholesale buyer is profitable.What are your thoughts on buying a wholesale deal from a rehabber?
2 May 2011 | 4 replies
I looked at comps in the area and the ARV is accurate.
3 May 2011 | 3 replies
The price/sf method is less accurate in my opinion.I will factor in short sales and REOs but won't use them as a direct comparable, unless it's been totally renovated.I use pendings and actives to either push listing price higher or drive it lower.