Good deals in real estate are typically in bad condition. This is a major reason they can be bought at a cheap price. So, as a real estate investor who flips or rents houses, you must know how to calculate ...
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DEAR BENNY: My Mom passed away this year. In her will, she left her condo to my sister and me. The mortgage has been paid off for over 10 years. The only expenses are the condo fees and the taxes. ...Read More »
DEAR BENNY: I am a property manager and work for condominium associations as well as private residential rentals. In both capacities, I have to collect rent and condominium fees, and often I have to send collection letters. I was recently ...Read More »
DEAR MR. BERKO: Several years ago, I bought $25,000 of the Arizona Sports and Tourism Authority bonds maturing in 2036. These bonds financed University of Phoenix Stadium, where the Arizona Cardinals play their home football games. Now the Arizona court ...Read More »
The after repair value (ARV) of an investment property is one of the most important numbers to calculate before a purchase. The ARV is the potential value of a flip or rental property after certain repairs have been done. Discovering ...Read More »
For 25 years, the maximum penalty amounts for violations of the Occupational Safety and Health Act have remained frozen. A thaw is about to set in — and quick. The budget act President Barack Obama signed on Nov. 2 contained ...Read More »
DEAR BENNY: I am experiencing the exact situation you wrote about recently. I purchased my house in November 2011 and paid the back payments for one association. Almost four years later, in May 2015, I received a bill from a ...Read More »