Who pays for Title insurance on a purchase in Florida (fee and mortgage)?
Who pays for Title insurance on a purchase in Florida (fee and mortgage)?
Posted in Mortgage Tips
Tagged fee, Florida, insurance, mortgage, Purchase, Title, title insurance
I purchased a raw land in Sep. 2005 only for the purpose of appreciation at $300K. And sold this land Sep. 2007 at the $310K. I have been deducted the property tax every year. I spent about $32K for the mortgage interest, and $4K for the mainenance. ( No improvement ) The maintenance was for HOA fee, irrigation fee, and Mowing & Spray. In this invetment, I got the appreication around $10K, and spent the $36K. My qustion is how to calculate basis and selling price in this situation.
Posted in Land For Sale
Tagged 300k, appreciation, Federal, federal taxes, fee, HOA, hoa fee, irrigation, K. And, K. I, Land, mortgage interest, Property, property tax, purpose, raw land, sale, SEP, tax, year
I am in the process of opening a ‘cyber-coffee shop’ and need an informal survey on the idea of a coffee shop with internet stations, wi-fi access, for a membership fee of $6 a month. There will be many different kinds of coffee, cappucino, espresso, herbal teas, and pastries. There will also be an in house selection of books and local news papers available. A selection of home made candles, professional silk floral arrangements, and novelty gifts for sale as well.
What are you thoughts? Would you frequent a real live “Central Perk” type place in your area?
Membership includes internet access via wi-fi or internet station. Coffee prices will vary from $1.50 for plain columbian to $3.00 for specialty blends. (that’s an 10 oz cup)
CORRECTION- the $6 monthly fee is for internet station access. (our PC’s on broadband)
it is not a ‘membership’ to the coffee shop, it is for LIMITED access time per day.
Posted in Homes For Sale
Tagged candles, coffee, coffee shop, cyber coffee, different kinds, espresso, fee, fi, herbal teas, idea, informal survey, internet, internet stations, local news papers, membership, membership fee, month, novelty gifts, process, selection, shop, silk floral arrangements, survey
I have that knack of being a very proficient closer in high level (C) sales. Unfortunately I left corporate america after a very large commision was that I was due was not paid up . i believe that my skills could be utilized as an independant contractor . Strait commision, one time fee. Does anyone know if this type of position is currently being utilized and if so what is the title for marketing purposes? I believe that not everyone can land the big fish like I can and this is my talent, please advise
Posted in Land For Sale
Tagged America, anyone, big fish, commision, contractor, corporate america, fee, independant contractor, knack, level, level c, marketing, Strait, time, time fee, type
Appraisal of the fee simple interest in land improved with an office building:
A comparable property was fully leased at the time of sale, the leases were long-term (10 years remaining) net leases, and the credit ratings of the tenants were good.
Market rent for office space is $25/sf.
Contract rent for the comparable property was $24/sf.
The Comp property has 100,000 square feet
Market overall capitalization rate is 10%.
The market vacancy rate is 5%
A reasonable management expense is 4% of effective gross income
Market Evidence supports a discount rate of 15%
If the comparable property loses $91,200 for 10 years, what is the discounted present value of this loss?
Posted in Land For Sale
Tagged appraisal, Conveyed, Estate, fee, pls, Problems, Property, Real, Real Estate appraisal, Rights, simple interest, test