Question: so is it possible for humans to feel that a vampire is present? Im vampire myself (half) and the last concert I went to I felt many vampires were present. More then I can count. And in August Im going to a different concert with the same singer. And Im worried that many more people are going to try to see that Im Vampire just like the last concert. What can I do for the Anxiety side of it.?
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A question for those of you familiar with leasehold property transactions (vs fee simple). If you have a sellers market where pricing is phenomenal and rents have skyrocketed and you *KNOW* you can vacation rental said property and cash flow it to pay for itself in a few short years, because its in a very high demand location, is pet-friendly, and it can provide temporary accommodation for family when theyre in town… How does one structure a win/win for seller financing (assuming the leasehold only has 14 years remaining) or where does one turn to for get financing – considering mortgage companies dont finance leasehold loans on property w less than 30 years remaining? (Seller is sort of open to owc, but really wants to get out of it, kid has graduated, doesnt need property anymore) I have good credit, 20% downpayment, but am self employed for less than 2 years and have claimed aggressive deductions on my taxes, thus lowering my eligibility. Also, the leasehold profile of the property doesnt fall into what traditional financing covers. Love to hear your creative replies to see how this can be approached! Property specs: 62k asking price (I expect to lower that) L/t rental value: $1600 p/m Fully renovated (no renovation costs) Vacation rental value: $125 / night Location: Waikiki
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Question for landlords: Ive received a couple dozen inquiries from people to live in my rent house. After screening and mailing six of them an application, no one has officially submitted it back. How do I motivate them to move quicker?
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Hi everyone, I found a property for $20,000 but the loan officer that I was using said I would have to go to a credit union or bank for a loan because its under $60,000. My question is… when I apply at my CU do I apply for a personal loan or a mortgage loan? Do I apply for the exact amount? Do Credit unions have loans to help repair the property? Please advise. Thank you
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Two part question 1. Do you have a real estate specific tax professional 2. If so, what are you paying (approx) every year for the service
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Question to everyone how do u feel about some one trying to represent that they have an agreement to buy a home for the purpose of flipping it when they have no agreement . Should they be prosecuted and if so How would you deal with this . I recently had some one try to do this to a client of mine. I am trying to decide what to do with him .
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Hello all, I have a question regarding lending. Im looking for a little push in the right direction as far as how to pitch a proposal for an investor loan. Situation: The investor Ive got in mind is someone my partner has worked with before in an industry outside of real estate, so there is some familiarity there. We already own the property (SFH intended for rental income) and ultimately need about $6k (small, I know) for all repairs. All things considered, well net about $450-$500 a month from rent. Cutting to the chase: Weve never had to look for outside money so Im completely unfamiliar with how to even begin the conversation or how to make it attractive to him. No idea what the figures should be as far as interest or a reasonable time frame to offer for his return. Up until now weve always purchased and rehabbed with our own cash. So I guess my question is, how do these deals usually work as far as time and interest? How much time do outside investors allow before they want their cash back and how much are they generally looking to profit? Ive heard some hard money lenders wanting to be paid back as early is just a couple months. Thank anyone and everyone for their time.
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Question: What are your best strategies for highly effective time management?
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So, my wife and I are looking to add a 4th rental property to our collection. Question is: at what point do we consider making it a legit business? We each have our own business and do the property thing on the side including renovations and managing. Should we look to making this property thing an S CORP? Thoughts, comments, and advice welcome.
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Question: I am selling five rental properties. I do not want to pay taxes on the gains. Can I take that money and reinvest in one rental property and then refi that new property to cash out the equity and avoid taxes? If so how long do I have from the time of sale to reinvest? Thank you for your replies.
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