Affluent Savvy
Photo: Ketut Subiyanto
In a down market, some real estate agents say the only real motivators for people to sell or seek property may be the three D's: death, divorce and debt.
God's breath is a giving of God's life. And so, the giving of God's breath suggests a reflection of his likeness. Consider the creation of the...
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It is possible to completely get rid of roaches in your home with the right type of treatment but they will not stay away forever. Once you...
Read More »Michael Bolla of Luxury Lofts and Homes (far right), hosted a gathering at 436 West 20th Street (building photos credit: Patrou Phelps) for female divorcees, at which matchmaker Janis Spindel (third from right) and Isabel Gilles, a New York Times best-selling author (second from right), spoke.
Here are 8 proven ways to build wealth in your 30s, no matter your personal goals. Reexamine your goals. ... Update your budget. ... Continue to...
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Cranberry juice can help keep your bladder's bacterial levels balanced and can prevent urinary tract infections. Pear or apple juice is also a good...
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The simple yet scientifically proven Wealth DNA method laid out in the report allows you to effortlessly start attracting the wealth and abundance you deserve.
Learn More »The 70% rule can help flippers when they're scouring real estate listings for potential investment opportunities. Basically, the rule says real estate investors should pay no more than 70% of a property's after-repair value (ARV) minus the cost of the repairs necessary to renovate the home.
The standard process for flipping a house involves buying a home or distressed property at a low purchase price, fixing it up and selling it for a higher amount. The goal for house flippers is to buy low and then sell high in order to boost their profit. The 70% rule can help flippers when they’re scouring real estate listings for potential investment opportunities. Basically, the rule says real estate investors should pay no more than 70% of a property’s after-repair value (ARV) minus the cost of the repairs necessary to renovate the home. The ARV of a property is the amount a home could sell for after flippers renovate it. When buying a home to flip, investors need to estimate how much they believe the property could sell for after it’s been renovated. They can then multiply that amount by 70% and subtract it from the estimated cost of renovating the property. The resulting figure is the highest price that flippers should consider paying for that property. The 70% rule is just a general rule of thumb, however. Before buying any home, you’ll want to study market conditions, work with real estate professionals to get a more accurate resale estimate, and meet with contractors to determine how much repairs will cost and which renovations are needed. If you’re getting a mortgage to finance the investment property, you’ll also want to consider the loan amount and term when evaluating your overall expenses and the ARV of the property. Make sure to apply for mortgage approval so you can understand how much property you can afford before you go house hunting. Securing mortgage approval can also help you prepare to pay back the mortgage once the property is ready for resale, because you’ll know how much you owe your lender.
Putting that much aside could make it easier to live your preferred lifestyle when you retire, without having to worry about running short of...
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The Zodiac Sign Most Likely to Hold a Grudge, According to Astrologers Aries. Pisces. Leo. Virgo. Scorpio. Cancer. Sep 24, 2022
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The simple yet scientifically proven Wealth DNA method laid out in the report allows you to effortlessly start attracting the wealth and abundance you deserve.
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What do angel numbers mean? 000 or 0000. Zero is associated with new opportunities. ... 111 or 1111. One is a powerful manifestation figure. ......
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The simple yet scientifically proven Wealth DNA method laid out in the report allows you to effortlessly start attracting the wealth and abundance you deserve.
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Ox and Goat are the luckiest zodiac signs in the year of 2022. For those born in the years of the Rat, Snake, Monkey, Pig and Dog, you will need to...
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