Eddy's Blog

By
Mortgage and Lending - Nationwide Funding Group
The Real Estate and Mortgage Industry In My Own Words..................................
RECENT BLOG POSTS
Property Managers need a basic understanding of the laws concerning real estate licensing, contracts, agency, fair housing, employment, property protection, and tenant / landlord relationships. But the preparation of leases, tax reports , and other matters which may invlove legal and accounting e...
11/08/2006
Property Managers are usually classifed as: individual property managers, building managers, and resident managers. The individual property manager is usually a real estate broker who owns his or her company and manages properties for various owners. Some property managerswork for a property mana...
11/08/2006
2 Comments
Investors who know what they are doing are few and far between.Thir efforts have inspired me to also begin investing heavily in real estate. The management of a property on behalf of the owner is known as property management. Investing in real estate in your state or out of state is no small task...
11/08/2006
An estate tax is defined as federal tax on the transfer of assets owned by the estate of a person who has died. Depending on how much you owe when you die , your estate may have to pay estate taxes before your assets can be full distributed. Estate taxes are different from and also in addition to...
11/06/2006
1 Comments
When a person passes away a court approved sale of the property is known as a probate sale. This type of a sale is a process. Here is the summary of the probate court procedures:(1) An offer to purchase must be for at least 90% of the properties appraised value(2) The buyer or a rep , must petiti...
11/06/2006
4 Comments
Keeping with the concept of effective time management it is of great importance even for small successes to celebrate achievement of goals. Promise yourself a reward for completing each task  or finishing the total job. Then keep your promise to yourself and indulge in your reward. Doing this in ...
11/06/2006
2 Comments
No is such a small world but so so hard to say. When trying to manage your time effectively focusing on your goals will help. Blocking time for important, but often not scheduled priorities such as family and friends can also help. But first you must be convinced that you and your priorities are ...
11/03/2006
In California and in many other states across the nation there are situations when a homeowner is deceased and doesnt leave a will or testament for inheritance of their estate. In other words what happens to my property and debts once i die?  A probate sale is a court approved sale of a property ...
11/02/2006
I am going to provide another example on how to calculate depreciation. Lets say two close buddies Tim and Mike bought a four-plex next to the beach and paid $600,000.00 for it. The land was valued by the county at 40% of the total investment , which leaves 60% for the value of the improvements. ...
11/02/2006
The straight line method to calculate depreciation is probably the most common method to determine the dollar amount per year that may be deducted. Using the straight line method the value of the improvements made to the property is divided by the depreciable life of the property , to arrive at t...
11/02/2006
Rainer
214,665

Eddy Martinez

Contact The Author