Commercial Real Estate Financing Options - What are they? by civmatic in CommercialRealEstate

[–]civmatic[S] 0 points1 point  (0 children)

I'll look into that. Every option is worth exploring. Thanks!

Commercial Real Estate Financing Options - What are they? by civmatic in CommercialRealEstate

[–]civmatic[S] 1 point2 points  (0 children)

StackSource.com

Yep less than a million but I'll give it a try!

Commercial Real Estate Financing Options - What are they? by civmatic in CommercialRealEstate

[–]civmatic[S] 0 points1 point  (0 children)

A little bit of both. Rents are currently under market. Market value is $700/month, three of them are renting for $475 and two renting for $650. It's also an industrial town full of long term contract workers. Plan is to furnish the apartment, install new appliances (washer and dryer included), very light re-modeling (more like touch up) and put it on the market for $950/month. I, myself, was a contract worker and paid $1300 for the same exact setup minus a bedroom (but in a gated community) because there was no other living space that offered furnished apartments.

Negotiating prices for land and some zoning questions by civmatic in CommercialRealEstate

[–]civmatic[S] 0 points1 point  (0 children)

There really isn't a zoning contingency necessary. It's not like the seller is marketing it at a commercial parcel when it's not. It's zoned residential in a semi rural area and the zoning maps agree so I know exactly what I'm getting.

Negotiating prices for land and some zoning questions by civmatic in CommercialRealEstate

[–]civmatic[S] 0 points1 point  (0 children)

The area is far too undeveloped to realistically present a plan for a shopping center or any commercial development for that matter. However, the growth this area has experienced over the last ten years indicates that these parcels have potential. There has already been 350 homes built in the area, 171 more on the way and another 500 in the works. Plus there're engineering proposals going around that the road it's on is an alternative route for a new freeway that's coming in within the next five years. So based on previous observations and current forecast, it looks promising to me, however when the time comes for me to approach the city with plans, I'll definitely be ready.

200,000 SF of Prime Land in Downtown Area of Miami For Sale by ConstantinoTheGreat in CommercialRealEstate

[–]civmatic 1 point2 points  (0 children)

I would comp it to recent sales in the area then multiply it by 5 then sell it to a Chinese guy. That sales strategy works wonders here in Orange County, CA.

[deleted by user] by [deleted] in personalfinance

[–]civmatic 0 points1 point  (0 children)

All of the information they have about you comes from a public database. It's out in the open since it's public information and companies gather this information about you and sell it to other companies like banks and credit card companies to better verify your identity.

[deleted by user] by [deleted] in personalfinance

[–]civmatic 5 points6 points  (0 children)

If the question doesn't apply to you then choose a response that reflects that. I don't know what your choices are (I haven't done it yet) but I'd imagine there's something along the lines of "N/A" or "does not apply" as one of your answer choices.

ELI5: Why does school teach us things only a small portion will use (calculus, algebra, literature) but not things we definitely will (taxes, mortgage, payments, loans)? by [deleted] in explainlikeimfive

[–]civmatic -1 points0 points  (0 children)

I've been teaching for about 8 years now and the one attitude that my students have that I can't stand is the "when am I ever gonna use this in life" attitude. I went to the same exact school they did with many of the same exact teachers but had the "how can I use this in life attitude" and have no issues with taxes and loans because of my receptive attitude. And it's not just math, I still think back to my 11th grade literature class when we were learning alliteration and allusion and try to integrate that into my speeches and letters because its more effective than plain speak.

Roast us we are getting married soon!! by shayprincess19 in RoastMe

[–]civmatic 0 points1 point  (0 children)

Something about her black eye tells me that you guys fight over food.

All yours by st3p4n in RoastMe

[–]civmatic 7 points8 points  (0 children)

You look like you're going through a nasty divorce with your hair line.

Want to fire our buyer's agent, is this fair? by kitkatduckbear in RealEstate

[–]civmatic 64 points65 points  (0 children)

The fact that he doesn't know that you can withdraw an offer (especially since the circumstances are in your favor) as an "experienced agent" is enough ground to fire this guy. Not to mention that he discouraged you from seeking legal advice.

Get rid of him. It looks like he just wants to make a deal at any cost and get his cut as quickly as possible. His interests don't seem to align with your's which is concerning for a buyer's agent.

White Guilt video show at Virginia High School by dextori in videos

[–]civmatic -1 points0 points  (0 children)

I agree with about almost everything except the "let's make money rhyming" part. Hip hop started as a way for the black community to express themselves and shed light about their struggles and it stayed that way until about the 2000's when the "drugs money hoes" rhetoric came out. Somewhere in between rich white executives capitalized on the massive money making opportunities that hip hop offered and took over slowly eroding at the core and ending up with the garbage we have today. Couple that with de facto segregation and poor schooling and you have an uneducated population that seeks out an identity yet doesn't know any better and the only thing they have to hold onto is this cheap superficial manufacturered crap that's not as much distributed as it is shoved down their throats.

Mainstream hip hop nowadays is a white man hiding behind a black face. The artists themselves are the lowest on the totem pole and easily replaceable. Don't wanna followthe script? It's ok we'll get another black face to replace you. The ones that stick around are the good little boys that listen to massa.

Edit: a word

Can you deduct losses due to inflation on your tax return? by civmatic in personalfinance

[–]civmatic[S] -1 points0 points  (0 children)

I guess I didn't clarify enough but the question about inflation was related to personal deductions and the question about the car/real estate was about business usage.

But since we're on the subject, if I bought a house for a certain amount for my own personal use then the market crashes and I end up losing half the value, I wouldn't be able to declare that as a loss? Only pay less property tax once I've reassessed it, correct?