Posts tagged question

Question for hippies?

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OK … we were about how the hippies Bolinas, Sedona, Ashville, Woodstock and Madison “discovered” to think. They found the area before they were cool and expensive sets in, bought land. Then we know what happened ensuite.Alors, is a really good real estate strategy to follow the hippies? Where are they now? Hmmm … I’m confused about the answers. Have questions? It’s about where they buy land. It’s about real estate. I do not know why everyone writes in their definition of “hippie” or tell me what the hippies faire.Où are they now? Reply

Premaholic
I’ve heard they are waiting for Mexico last swim here, they go free and clear in Mexico!

Economic Question? OMG Please Help!!?

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Quest realty revenues $ 100,000,000 with Net income of 30,000,000
Last year Quest realty owned and occupied an office building in downtown Indianapolis. The building could have been leased to other businesses for $ 2,000,000 in lease income. Quest realty also owned undeveloped land valued at $ 15,000,000. Owners can earn a 14% rate of return on funds invested elsewhere. What are the explicit costs and the explicit (accounting) Profit/Loss? What are the implicit costs? What is the economic profit/loss? What is the rationale behind the difference between he accounting and economic profit?
indianapolis realty

Answer by Jurij-EU
Net income = Total revenue – Explicit costs

Explicit costs = Total revenue – Net income

Explicit costs = 100’000’000 – 30’000’000 = 70’000’000

Explicit (accounting) Profit = Net income = 30’000’000

Implicit costs = 2’000’000 + (15’000’000 x 14%) =
= 2’000’000 + (15’000’000 x 0.14) =
= 2’000’000 + 2’100’000 = 4’100’000

Economic profit = Accounting Profit – Implicit costs =
= 30’000’000 – 4’100’000 = 25’900’000

Rationale behind difference is – economic profit takes into account forgone opportunity income.

Can some 1 please help with my question? Automobile Dealerships Big Dealerships?

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Question : Can some 1 please help with my question? Automobile Dealerships Big Dealerships?
I live in Cherokee Village 3 hours from Springfield, and that’s where i got this car. Well i have it in my drive way right now, and had it for 4 days. They ran my credit, and it was good, but i had 3 loans out, and they were showing up as auto loans. 1. a personal loan i put a vehicle up for collaterial, and the other was for a motorcycle for my husband, and the other is for a vehicle that i totled out, and hopefully incurance is going 2 help with that. So actually 2 loans out. Anyways the people let me take the vehicle home, and i have the Bill of sale, and all the other paper work, when u get an automobile. They said they are still trying 2 get a lender for this car, and i am afraid they are gonna come, and get the car if they can’t find one, but then again wouldn’t they have allready come, and got the car. I mean i am putting miles on the car everyday. So i am asking all of u good people for your advice. Can u help me with this? Thanks very much. Gaylon
springfield homes for sale

Best answer:

Answer by dodge man
what they,ll do is find a lender but it will probably be one with real high interest,so you might be better off finding one your self that will pay the loan off to them,and then finance it for you,i don’t think they will come and get it ,because of all the paper work ,but be careful of the lender they find you it maybe the highest interest rate allowed by law,good luck with it.

Question regarding home selling – inspection stage?

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Question : Question regarding home selling – inspection stage?
My parents are selling their home in a small town (under 2000 people) and had a signed contract for $ 500 under asking price within a week (YAY!) and 5 other offers (one officially a backup).

These people have demanded quite a bit, all that my parents agreed to, including paying half of a $ 1200 surveying fee. They gave $ 1000 of ernest money.

They had the inspection on Thursday and today is the deadline.

1) What happens if they don’t submit anything?
2) In the case that they pull out, do my parents recoop the $ 600 they paid for the survey?
home staging contract

Best answer:

Answer by golferwhoworks
no — but if it is required the next buyer will need it as well. So nothing is lost they can just give up that same stip with another buyer

Judicial stand point Home Invasion Charge question?

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Question : Judicial stand point Home Invasion Charge question?
My sons father was a ex con – served 6 yrs in state prison for arrmed burglary to a occupied dwelling on 3 counts and fire arm possesion was out did great while i was with him. Then our son came along and stuff changed he went back to his old ways and started robbing ppl again. Personally i hope they throw the book at him but my question is….

1. If he is in county jail now with a 7500 cash/surenty bond now and already when to district court and is now scheduled for Circuit court which is like stage 2 in our state of michigan. Does that mean that hes pleaing not guilty? Or does that just mean all home invasion charges go thru two courts?

2. If hes facing this new charge now, and knowing his previous criminal background do you think they will throw the book at him ? and make him serve all 20 yrs? Or what do you think will happen to him?

Hes been in trouble in Mi when he was a minor and when he was 18 and 19, in and out of jail, warrents but never in prison in michigan. But moved to florida and got sentenced for the following items and has been out of prison for 3 yrs and was good and now after 3 yrs he back in jail facing 20 yrs. From what i hear he has 5-7 felonies on his record.
BURG/DWELL/OCCUP.CONVEY
GRAND THEFT,300 L/5,000
GRAND THEFT FIREARM
BURG/DWELL/OCCUP.CONVEY
GRAND THEFT,300 L/5,000
that was his charge for his prison time in florida. Now looking at Home Invasion First degree in michigan
home staging michigan

Best answer:

Answer by tiriki_22
1. It just means that his trial is moving along.

2. they will look at his past in determining his sentence. Will he serve the max? That is up to the judge.

Either or question…?

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Question : Either or question…?
Ok my husband is military and we got stationed in germany. I have just finished all my pre-reqs for a degree in physical therapy when we got the news we were being moved. The college available here doesn’t have ANY medical programs. the best they have to offer are Psychology or medical administration (computer work dealing with files and paperwork in the medical field). I’m going to spend four years on either of these and i DON’T want to waste my money, and I’m so tired of sales and business. Which do you think would be the best? I would really like to make more than $ 7 an hr when i get home :)
college station homes for sale

Best answer:

Answer by hilseymour
I would go for Psychology. I am a medical secretary and I guess you earn more than the average secretary but a Psychologist earns way more than me. I’m in the UK though.

Question for anyone who knows cost accounting?

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Question : Question for anyone who knows cost accounting?
I’m having a little trouble with my accounting homework, so anyone that has taken accounting or knows about cost accounting, help would be greatly appreciated :)

Dayton Extruded Plastics is a manufacturer of injection-molded extrusions. Scrapped or defective extrusions were ground into powder and fed back into the extruders as raw materials. Defective extrusions were inspected during line work and in handling returns from customers; they were ground up in special grinding machines and mixed with new raw material and reused in manually controlled injection molding machines. The molding machines use utilities provided for the main manufacturing facility. After grinding, maintenance and cleanup of the facilities were performed by general maintenance personnel. Because all scrapped extruders were reused in this way, company management felt that the cost of the scrap was “free”. The company’s traditional cost accounting system did not associate any cost with the cost of processing scrap.

Required:
Explain why the company’s traditional cost accounting system is giving misleading results related to Dayton Extruded Plastics processing of scrap.
facility maintenance management

Best answer:

Answer by Nostra
Amazing, I was a cost accountant in a plastics company. However I suspect that your teacher will not like my answer.

Not all plastics can be re-ground. Where I worked, what could be re-ground was limited to a maximum of 5% of the mixture (95% new and 5% re-grind) in new product.

The cost of the inspectors can be ignored since they would be there any way to inspect all the product. You incur no extra cost by having the inspectors toss the rejects into a bin. the cost of the person who collect the reject bins can be ignored since they would have to toss the rejects into the trash if not re-ground.

The special machine (and it is not that special or costly) costs, as does the cost of the person that that operates it.

GAPP would require you to collects those costs and include them in the re-grind inventory. If the costs were 1,000 for depreciation and labor to regrind 1,000 lbs, then your cost of the regrind is $ 1.00 (ignoring the initial cost of the material. If your have 2 lb of re-grind left, you have 1.00 of additional inventory.

However the materiality provision would come into play. for it to be worth to collect you would need a very high reject rate. If you do, they the company is failing anyway. If your have one reject in 5,000 then the amount of re-grind is negligible

Realtors out there, I have a question for you?

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Question : Realtors out there, I have a question for you?
I want to move to West Palm Beach, Florida, and my family is looking for a specific type of single family home. We saw houses in one neighborhood that were sort of tucked into the scenery on the street, and were wondering if we could find a four bedroom like that for sale. The houses were pushed a little further back from the street, in a small independent street that was really cute. There was a nice amount of space between homes. (Living in The Acreage is out of the question, because of the cancer cluster.) But if you could help me out and give me a link to a website that has houses on spaced-out streets instead of close ones in a cookie cutter community, I would appreciate that. Thank you! :)
west palm beach homes for sale

Best answer:

Answer by realtor.sailor
Try www.realtor.com. Most mls listings are uploaded to this site.

realtor.sailor

Bankruptcy/Real Estate? Long Question?

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Question : Bankruptcy/Real Estate? Long Question?
A little background here.. I am trying to get myself out of a terrible financial situation. I was 22 when my husband and I bouught our first home (which is upside down) and started accumulating debt. I live in Las Vegas where the real estate market has plummeted. My husband and I are separated, and have about 45 thousand in debt bewteen the both of us. We keep tinkering back and forth between doing a bankruptcy or just paying our bills off.I have gotten setlements on 3 of my accounts, so that would bring me to $ 30000 in debt approximately, the also offered to do a loan modification, POSSIBLY approved after a six month forebearance on our home. Bringing our payment from $ 2500 a month to about $ 1200. But we wont know for 4 months if that is even approved and it could go either way. I am in the reserves and trying to go on a deployment for 7-9 months that would be about $ 38000 tax free before the end of the year. If I do a Chapter 7, I believe the majority, if not all, of that money is protected. I could save it, and use about 1/2 of that to buy an investiment home, but I won’t be able to buy one until after statue of limitations which is 2 years minimum?? If I don’t do a bankruptcy then I plan to pay off the settlement accounts first, while paying the others off consecutively (monthly) to reestablish history.after 6 months to 1 year of rebuilding my history then I want to buy an investment home. I am now 25, and I know now basic necessities to be secure. Such as 3-6 months emergency fund, as 0- minimum amount of debt as possible, and securities to help me survive or profit from the recession, my choice is real estate since I’ve studied it, I enjoy it, and I believe firmly I know how to make money in it. And I don’t know much about any other market, such as the stock market, orinvesting.Please help. We have been riding the fence for about 7 months, wasting time because our minds keep changing. We are separated but which ever way we decide to go with this we plan to help each other. I want to build my wealth, become secure, and have long term investments. I want to start up a business (home staging) within the next 3 years also.
home staging las vegas

Best answer:

Answer by sweetpea111881
It sounds like you have a lot going on. It would be helpful if you sat down with a bankruptcy attorney for a consultation. They will probably tell you to file bankruptcy, but at least you will know the pros and cons of filing and what you would be able to do going forward.
Your best bet would be to start paying back the debt right now and continue to make the mortgage payments as much as possible. Always stay in contact with your creditors. Hope this helps!

Financing: Apartment Building Commercial Mortgage – Business & Ethical Question?

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Question : Financing: Apartment Building Commercial Mortgage – Business & Ethical Question?
Hi All,
I am a real estate investor. I have an accepted offer on a 7-plex.

My two questions are:

1. Is it ethical to contact two mortgage brokers I know and ask both of them to work on my mortgage application at the same without telling them about the other broker? meaning apply for a mortgage with both of them? I just see such different financing conditions that I want to get a competitive mortgage and not be taken advantage of . the problem if I apply with only one of them first is if I wait till the first response, I may lose the deal as I have only 3 weeks to release the financing conditions. so is it OK to have 2 mortgage brokers from different companies work on the same deal for me at the same time? then if one of them wants a fee double than the other broker for example, then I will tell him no thanks. this type of building is a lot of work for the mortgage broker so I would feel bad saying no if he gives a positive response in the end just because another broker offers me better financing conditions. on the other hand, as mentioned I want the option to reject a broker who charges too much or arranges bad financing conditions! Also, will the brokers be able to tell/know somehow that I applied elsewhere in parallel?

2. A broker wants $ 6000 for arranging financing for a 7-plex that costs only 350,000! he said they charge the higher of $ 6000 and 1% of purchase price. so unfortunately in the case of 350000 i pay 6000 which is around 2% of purchase price! is this reasonable fee for a commercial property or is he charging too much?

THANKS.
commercial mortgage finance

Best answer:

Answer by linkus86
1. There is no ethical implications if the two mortgage brokers are aware that they are in competition with one another. Personally I think it is not only ethical to provide such information, but also very wise to do so because it motivates both to be competitive with rates and fees. I just would try to avoid pointing each specific broker out to one another, but they might be able to identify each other based upon credit inquiries on your credit report.

2. The amount of fees one mortgage broker asks for to provide financing is moot and only serves as a starting point for negotiations. My guess is that many commercial brokers aren’t real busy right now and might be willing to do it for that original 1 % or maybe even less. Remember, it isn’t always about the origination fee.

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