Here are some landlord rules that will make your landlord a more enjoyable and profitable experience. RULE # 1. Acquire Your Tenant – The first step in making property management easier for you is choosing the right tenant. That means selecting a tenant who loves their place and doesn’t just like it because a loving…
Category: Real Estate
BMP Sewage Disposal for Mobile Dog Grooming Van Gray Water Tank
Residual wash water from mobile dog grooming is considered gray water and must therefore be properly managed to avoid contamination of groundwater. There are soap and biological issues with this water and therefore this should be taken into account when designing a BMP operating procedures manual and best handling practices for mobile canine groomers. Why…
How do you find a reliable real estate agent in your area?
Searching for properties is not an easy task, especially if you have no prior experience. Most of the time it is even impossible to find what you are looking for. When faced with such a situation, it is time for you to realize that you need professional help to find your dream home. The real…
Raising money for a mining company in the post-2008 collapse
How do you find a suitable financial partner to launch your new mining company? Before 2008, there were several sources that would provide financing for mining properties. If you had a small property, you could often find friends and family who could help you get the whole process started. If you needed millions of dollars,…
Avoid distributor status when moving house
Any investor who changes more than one or two properties a year will run into the problem of being rated “dealer status” by the IRS for tax purposes. This is extremely dangerous. Dealers, like real estate agents, are considered self-employed and are subject to self-employment taxes of 15.3%. Worse yet, a dealership cannot pay taxes…
Closing Costs When Buying a Multi-Family Apartment Building
When purchasing a multi-family building as an investment property, closing costs can add up to a large amount and therefore must be carefully calculated as the investor must estimate whether he has sufficient funds for the down payment and closing costs before . to close the deal. It is also important to estimate how much…
Fast Facts About Estate Planning Attorneys
By definition, a real estate planning attorney is an attorney who provides legal advice to clients who own assets that need to be managed during their disability or death. This includes the granting or release of these assets to the heirs and the payment of inheritance taxes corresponding to the state. Basic Responsibilities of Property…
Does Twitter sell books? If it does
With so much excitement and enthusiasm surrounding Twitter, I decided to look for concrete examples of success on social media in publishing books. I interviewed two different editors to get their thoughts on how engaging on Twitter has benefited them. Twitter requires an investment of time and resources, so the first and most obvious question…
Should I determine cash flow before tax (CFBT) or cash flow after tax (CFAT)?
Real estate investors and real estate investment analysts generally seek to know the cash flow after tax (CFAT) when evaluating the profitability of investment income properties because it includes the elements of tax protection and shows the cash that an owner could expect to receive. of a property after Uncle Sam takes his share. However,…
Reverse bandit signs
As investors, we have all heard of, used or at least seen signals from bandits. You know those telephone pole pendants titled “We Buy Houses”? Of course, these are bandit signs because they are constantly stolen by the police from attached signs – the local city benefactor, the local county manager, etc. Yes, they are…