part 2 of 2 Why all this focus on the underhanded gambits of tenants? Are most people applying for my rental properties out to trick or deceive me? The answer, my friend, is not. The majority of tenants that ...
Tagged with: Investor's Corner
Read More »Part 1 of 2 Poor property management can take one of the most stable, secure, and profitable investments you can make, and turn it into a feat which is, as Earl Nightingale was wont to say, “More difficult than trying ...
Tagged with: Investor's Corner
Read More »A typical real estate closing has a lot of paperwork, but there are two short and simple pieces of paperwork that are key components to any residential or commercial real estate transaction. The first important paper is the Settlement Statement. For ...
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Read More »One of the things I find to be fascinating is that people who normally act with integrity and consider themselves to be upright and honest seem to check that principle at the door when it comes to the process ...
Tagged with: Investor's Corner
Read More »In a conversation I had with a real estate investor regarding the differences between assignments and double closings, we talked about the cost associated with double closing a transaction. When you close two separate real estate transactions involving the same ...
Tagged with: closing costs
Read More »According to an April 2017 Gallup Poll, American’s perceptions of the best place to put their money for the long term is not in the stock market or in mutual funds, gold or silver, bonds, CDs, or in savings accounts. ...
Tagged with: Investor's Corner
Read More »The first step is to set a goal for the number of free and clear houses that you want to own. Work backwards into this goal by first setting an income goal and then asking how many free and ...
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Read More »If these last few years your pocketbook has become lighter, your expenses have gone up, and your incoming cash flow has gotten tighter, you’ve got to ‘rise above the occasion’ and take control of your situation. I know so many people ...
Tagged with: action
Read More »Balloon payments occur when your loan has a maturity date before it is completely amortized. For example, your loan could amortize over 30 years, but your lender could require you to pay the outstanding balance at the end of ...
Tagged with: beware balloon payments
Read More »It happens in pretty much every economic up-cycle when it comes to real estate. As more people have a degree of success in real estate, they feel empowered to want to share their information, knowledge and training ...
Tagged with: guru
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Mecklenburg Times: News for Mecklenburg, Union and Iredell counties Real Estate, Development, Construction, and Community News in the Charlotte area and throughout Mecklenburg, Union and Iredell counties
