17 September 2014 | 16 replies
Like for instance a "temporary moratorium" on payments.Study up on annuities, as home sellers are essentially taking their equity in installments.
18 September 2014 | 11 replies
You are essentially looking for the intersection of four factors:1.
20 May 2015 | 16 replies
If the loans are backed by the gov't, they have a lot of power to garnish wages or simply empty a bank account, greatly impacting the ability of the tenant to pay rent.- Tom
19 September 2014 | 4 replies
Just my two cents.....I would recommend that you write down the necessary tasks in your business that 1) you like the least, 2) make you the least amount of money for your time, 3) do not negatively impact your competitive advantage if outsourced, 4) are easily transferrable and teachable to others, and 5) would free up your time to work on more profitable tasks.
20 October 2015 | 90 replies
Perhaps there is an interesting idea to explore later on my idea of what it means to "buy a foreclosure [property]", essentially that does not mean the same as discount, which I find common in the public.To some degree, it's a little bit of an art.
19 September 2014 | 20 replies
The only real interesting "new" point for me was that you can essentially charge "pet rent".
18 December 2015 | 16 replies
At some point along the way, if you find you do have a ton of extra cash, use it to buy another rental property that will make you money (say 500 a month) and then this property will essentially be paid off because you won't be making the payments out of your pocket - they'll come from the rental profits of the next house.....
24 April 2021 | 11 replies
After figuring your rental income and other deductible expenses in connection with the property, you had a tax loss each year.However, your annual income from other sources ( salary, interest, investments etc.) was well over the IRS threshold, so the rental property tax losses had no impact on your actual tax liability for those 5 years.Now you sell the property for $150,000.
19 September 2014 | 12 replies
Redfin essentially copy paste the MLS data.
11 November 2013 | 17 replies
The owner dug out the tank and removed as much soil as possible but the oil had leaked under the foundation and was essentially impossible to remove.