HDTenEightyP/NetNews huggingface dataset:
From: ajg@controls.ccd.harris.com (Arnold Goldberg)
Subject: Re: Tenant Relations 
Organization: Harris Controls and Compositions
Date: Tue, 5 Jan 1993 20:13:14 GMT

>>>>> On Tue, 5 Jan 1993 18:05:59 GMT, alexg@austin.ibm.com () said:
alexg> Originator: alexg@madrid.austin.ibm.com


>>Hi All:

>>Can anyone tell me where I can find information regarding tenant
>>relations, in particular those cases where the tenant is being
>>evicted.

>>P. Curry


alexg> NOTE: Please, please don't try to shut down the water or electricity in
alexg> your property or do something of that nature to force them out. You may
alexg> get in very serious trouble and delay an eviction indefinitely.

Two good books that describes many techniques to prevent the situation
from ever getting to that point are

Landlording (author forgotten at this point)
Property Management or something like that by John Reed (same guy who
does Aggressive Tax Avoidance)


if more precise :) details are needed send me some email and I'll
get you exact info

arnold

--
------------------------------------------------------------------------
Arnold Goldberg                            Email:  ajg@ccd.harris.com
Phone: (407)242-5051                       Snail:  Harris Controls
Fax  : (407)242-4262                               407 John Rodes Blvd.
                                                   Melbourne, FL 32905
The opinions expressed are my own and do not in any way represent Harris 
------------------------------------------------------------------------
Newsgroups: misc.invest.real-estate
From: pcs$1703@altair.selu.edu
Newsgroups: misc.invest.real-estate
Subject: Tom Vu or Tom Voo Doo
Date: 5 Jan 93 01:37:06 -0600
Organization: Southeastern Louisiana University

I went to a Tom Vu seminar in New Orleans a few year ago.  I enjoyed
what I heard, but never joined his program.  The T.V. program 48
Hours aired a report about Get Rich Quick Programs and they spoke
with Tom Vu.  He's currently under investigation by the Florida
Attorney General I believe.  The suit was filled by some of his
students who feel they were ripped off.

I believe Charles Givens real estate program has alot of merit
behind it.  I think he's one of few who are honest in what they
sell.

Newsgroups: misc.invest.real-estate
From: jono@netcom.com (Jonathan Levine)
Subject: Re: Real Estate IRA?
Organization: Our Lady of Perpetual Motion
Distribution: usa
Date: Mon, 4 Jan 1993 16:20:09 GMT

In article <31DEC199216052526@zeus.tamu.edu> crr4574@zeus.tamu.edu (LARUE, CHARLES L.) writes:
>I have a few questions which I can't seem to find the answers to.  I live in a
>college town which has a pretty bad housing shortage.  Oddly enough, real
>estate prices are pretty low right now and I am trying to buy some investment
>properties with as small an out of pocket expense as possible.  My questions
>are:  Can you use money which is currently in an IRA to put a downpayment on a
>condo or a duplex which is to be used as an investment property?  If so, does
>all the profit from the rent maintain its IRA status if, for example, I put it
>back into a mutual fund (This is currently where my IRA is located)?  If all of
>this is out of the question, are there other ways to avoid having to put down
>the 30% downpayment my real estate agent says will be required?
>

Charlie,
 
   There's something called a "self-directed IRA" which you can set up to invest
in items like art, coins, etc.  I believe that the requirement for the IRA to 
stay tax-deferred is that the transaction be "arms length" -- i.e., for 
real estate, you couldn't use IRA money to buy your own home.  I'm not sure
whether investment real property can be part of a self-directed IRA (for 
example, there may be restrictions on whether the IRA can own the down payment
part of the property and you can own the mortgaged part of the property) -- 
but I'd suggest you continue research in this area.

   Corrections are, of course, welcome.

Jon

-- 
Jonathan Levine			"Paradise is exactly like 
jono@netcom.COM			 where you are right now,
(    ^^^^^^^^^^ New EMail Path)	 only much, much better."
					-- Laurie Anderson
Newsgroups: misc.invest.real-estate
From: garyp@rmtc.paramax.com (Gary Palangian [RMTC/ISP])
Subject: Re: Tom Vu, anyone?
Organization: Paramax Systems
Distribution: usa
Date: Fri, 8 Jan 1993 01:33:49 GMT


Isn't this the dude who has a spot in his infomercial where
he is on a boat crewed by a half a dozen large breasted
women and says "You can make it big in real estate"?

If it is, I remember him.  I usually watched him right
after SWAT at 1am on most weeknights.  Cool Infomercial.

Party On...

Gary P.
From: alexg@austin.ibm.com (Alex Gurevich)
Newsgroups: misc.invest.real-estate
Subject: Re: Title One loan
Date: 6 Jan 93 19:48:47 GMT
Reply-To: alexg@austin.ibm.com
Organization: IBM Austin
Originator: alexg@madrid.austin.ibm.com



>I heard about Title One loan, a program funded by government to let homeowners
>borrow money to improve their home (even for home without much equity).

>Does someone know such a loan in Santa Clara county?

>Thanks,

>Deyoung.Hong@Eng.Sun.COM

Yes. It allows a homeowner to borrow up to $17.5K for home improvements
without having equity in the house. But it does require qualifying, and
it is only for owner-occupants, not investors..

I used to have a name of one guy who did these loans when I lived
in Santa Clara County. I'll try to check my archives and post if I can
find it.

- Alex Gurevich    alexg@austin.ibm.com
Newsgroups: misc.invest.real-estate
From: alexg@austin.ibm.com (Alex Gurevich)
Subject: Re: HELP how to get a loan with very little down-payment?
Originator: alexg@madrid.austin.ibm.com
Date: Wed, 6 Jan 1993 16:48:04 GMT
Reply-To: alexg@austin.ibm.com
Organization: IBM Austin



There are several options to pursue:

Couple of questions first.

- What is your definition of a "very little downpayment"? 5% or 10% ? 
- What is the present financing on the building? I presume non-assumable.

1. Most desirable and effortless. Put down "very little" 5% or 10%, 
apply for a new loan of 70-80% and ask seller to carry 2nd mortgage
for the remainder.

2. The variation of that is instead of getting a new loan to check with 
the current lender and see if they let your friend to assume (probably 
with qualifying and some assumption/application fees) the existing loan.
Even though the loan may have a "due on transfer" clause there is still 
a chance the lender will go along with that, provided your friend's good
credit and income potential.

3. Another variation, instead of asking seller to carry 2nd , check with
finance companies (sometimes called "hard-money" lenders) for a second 
mortgage. The interest is high, as well as points and payments, the term 
is short , but it's a possibility.

4. There is a company called "Money Store" here in Texas that provides
90% commercial financing for business owner-occupant. That is for doctors, 
CPAs, etc. who want to buy a building and occupy it themself as commercial 
tenants. Takes only 10% to get in.

I don't know if they are nation-wide but I can look up their phone # in 
the paper, if you are interested. Drop me an e-mail.

5. Probably least desirable but worth mentioning. Get an investor-partner.
(S)he might invest not only in the building but in the start-up costs for
the business itself. Could be a friend, parent, etc. There will always 
be some costs of course.

6. I certainly missed some other options you may discover.

- Alex Gurevich            alexg@austin.ibm.com
From: pcs$1703@altair.selu.edu
Newsgroups: misc.invest.real-estate
Subject: Investment Buying
Date: 11 Jan 93 19:50:51 -0600
Organization: Southeastern Louisiana University

If a home seller needs all of the equity to buy a better home, what
are some creative methods I could use to buy the house ?
From: tom@crane.imagen.com (tom lowdermilk)
Newsgroups: misc.invest.real-estate
Subject: "American Dream" loan
Date: 8 Jan 93 18:47:15 GMT
Organization: imagen

Our homebuying adventure has reached a fever pitch; the hunt
for financing! Anyway, I've found a bi-weekly loan package
called "American Dream" from A-1 Home Loans. The initial rate
is around 5.9% and increases by a set percentage each year
until reaching about 8.5% in the seventh year. It remains at
8.5% until the end. The loan negative amortizes for the first
four years, but only by about $3K.

This sounds OK but is there something I don't see?

- tjl     tom@imagen
Newsgroups: misc.invest.real-estate
From: giao@harpo.seas.ucla.edu (Giao N. Tran)
Newsgroups: misc.invest.real-estate
Subject: Question, please help !.
Date: 7 Jan 93 22:02:34 GMT
Distribution: ca
Organization: School of Engineering and Applied Sciences, UCLA


Greeting !.


Story:  I bought a piece of land, and has been financed ( 12-yr term )
        by the owner for ~5 yrs.  Also I have been paying fiscal year
        tax of this property under the owner's name.  All I have are
        the Agreement of Sale ( which states the info about the property,
        the seller, buyer and the finance conditions ... ), and the Payment
        Book being sent back and forth between me and the owner every month.

Question:  Is it secured enough for my right when something happens to
           the seller, if I only have the Agreement of Sale and the
           Payment book ?.
           When I mention about recording my name on the deed, the seller
           is unwilling to do so with the reason that "there is no need
           to, and the escrow costs a lot of money ... ".   Is it true ?.
           What should I do to protect my right on this property ?.

I realy appreciate any kind of help\advice.

---G.T.
From: dsreddy@paul.rutgers.edu (Sunil R Dattapuram)
Newsgroups: misc.invest.real-estate
Subject: Why This Bank's Interest Rates Are So Incredible ?
Date: 7 Jan 93 01:41:06 GMT
Organization: Rutgers Univ., New Brunswick, N.J.


Please Respond ASAP.

We are planning to apply for a $230K loan. I recently ordered an HSH
listing and found a bank in New Jersy, Wayne Savings offering what seems
to be incredibly low interest on a 10/20 baloon loan. The bank is stated
to be in existence for about 80 years.

Here are the rates and other terms: ( As of Dec 31/1992 )

           Type      Term     Int    APR     Pts     Max   App Fee    Lock

Bal        7/30       10      7.0    7.0    ZERO    250K   $500     Apl/60
Bal        10/30      10      7.5    7.5    ZERO    250K   $500     Apl/60
ARM        1/30       10      6.25   6.363  ZERO    250K   $500     Apl/60
ARM        3/30       10      6.75   7.39   ZERO    250K   $500     Apl/60

Application is valid for 120 days. After that, we have to start all over 
again. The bank will refund the application fee if failed to pre-qualify.

The estimated closing costs - made in good faith  for a loan amount 
of 100K:

Application Fee     :                       500.00
Interest 30 days ( at 23.61/day)            708.30
Hazard Insurance Premium                    350.40
Attorney Fee                                650.00
Title Search                                200.00
Title Insurance                             500.00
Recording  Fee	                             35.00
Survey                                      400.00
Pest inspection                              75.00
Attorney Review Fee                         150.00
                                          ========
                                           3568.34
                                          ========

These rates sound unbelievable, but would need input from the networld,
to make sure we aren't stepping into any trap. I called just about any
bank in the HSH listing and no bank was any closer to these rates under
the same terms. 

An early response would be highly appreciated.

Sunil
dsreddy@paul.rutgers.edu
Newsgroups: misc.invest
From: Dave Dodson <dodson@convex.COM>
Subject: Re: Fund basis?
Originator: dodson@bach.convex.com
Date: Tue, 5 Jan 1993 18:13:28 GMT
Reply-To: dodson@convex.COM (Dave Dodson)
Organization: Engineering, CONVEX Computer Corp., Richardson, Tx., USA
X-Disclaimer: This message was written by a user at CONVEX Computer
              Corp. The opinions expressed are those of the user and
              not necessarily those of CONVEX.

In article <C0E5GA.Ip9@icon.rose.hp.com> alan@hprnd.rose.hp.com (Alan Berkema) writes:
>I have not found a good explanation of how to calculate the cost basis of 
>a mutual fund when it goes x-dividend in the current FAQ. I have included
>an explanation form a previous FAQ on mutual funds but it is still not clear.
>I have already requested the IRS publications mentioned.
>An example might help. 
>
>------------------
>
>10 shares with NAV = $10.00 per share
>x-dividend          = $1.00 per share
>taxable income     = $10.00
>
>now have 11.11 shares at $9.00
>
>What is the cost basis if I sell now?

When a dividend is declared, the cost basis of the shares you owned does
not change.

You have 10 shares with a cost basis of their purchase price, which you
didn't specify above (or is it that $10.00 per share?), and

You have 1.11 shares with a cost basis of $9.00 per share.  In addition,
you have taxable income of $10, some of which may/will be captial gains
and some of which will be dividend income.

Hence, you have a total of 11.11 shares and your total cost basis is $110.
But you want to keep the shares purchased on different dates separate, for
if you sell only part of your shares, you will have to figure the capital
gain or loss on those specific shares (there are alternate methods of
figuring your gain or loss).

>What if I wait a few years before I sell and the process repeats?

Then you will have more shares from more reinvested dividends, each set
of shares purchased at a time having its own cost basis.  And you will
have paid income tax on the distributions each year along the way.

----------------------------------------------------------------------

Dave Dodson		                             dodson@convex.COM
Convex Computer Corporation      Richardson, Texas      (214) 497-4234
Newsgroups: misc.invest
From: sartin@88opensi.88open.ORG (Rob Sartin)
Subject: Re: Insider trading laws.
Reply-To: sartin@88opensi.UUCP (Rob Sartin)
Organization: 88open Consortium Ltd., San Jose
Distribution: usa
Date: Wed, 6 Jan 93 19:20:52 GMT

In article <6656@pdxgate.UUCP> chedley@rigel.cs.pdx.edu (Chedley A. Aouriri) writes:
>Insider trading laws do not prohibit anyone (including employees, 
>managers and officers of the company) from buying or selling stock 
>of any company.

However, some companies/advisors recommend avoiding even the
appearance of insider trading by restricting trades to a short
period of time after quarterly reports are issued.  Hewlett
Packard "suggested" this to me while I was in their stock
purchase program.  I wonder if I'm in trouble for using the
"inside information" that I was about to quit as a reason
for selling all of my stock and excercising all of my options?

Rob
Newsgroups: misc.invest
From: schindler@csa2.lbl.gov
Newsgroups: misc.invest
Subject: Re: Questions: How do I start?
Date: 11 Jan 1993 11:27 PST
Organization: Lawrence Berkeley Laboratory - Berkeley, CA, USA
Distribution: world
NNTP-Posting-Host: 128.3.254.197
Keywords: Futures
News-Software: VAX/VMS VNEWS 1.41    

In article <1993Jan8.095301.14542@eskimo.com>, jammer@eskimo.com (Lyle Harwood) writes...
> 
>Hey, guys, I want to buy and sell futures and stocks through the
>little curly wire on the back of me Mac.
>Does anyone know where I can look for a newsgroup, a book, information,
>take a class?

Lyle,

I would suggest a good place to start is to get a copy of Futures magazine
and decide if you want to subscribe.  One year costs $39 and it comes monthly.
You can call 1-800-221-4352 ext. 970 to subscribe.

The magazine doesn't have many articles but it has lots of advertising for
every type of trading related software under the sun.  The majority of the
software is for technical analysis.  There is some software for downloading
weekly, daily, or real time market information.

I didn't see any adds for software for trading futures via modem.  Although
for stocks, Fidelity and Schwab have a system.

The magazine also has a section on Futures related seminars and conferences.
For example, in Chicago in February I am considering attending a two afternoon
long seminar on Japanese Candlesticks.  Cost $125.

BTW:  It you are ever in the Chicago area, both the Merc and the CBOT have
half-hour long tours of the exchanges. 

|=======================================================================|
| Aaron Schindler                                Schindler@csa.lbl.gov  |
|                                                                       |
| There are two times in a man's life when he should not speculate:     |
| when he can't afford it, and when he can.        --Mark Twain         |
|=======================================================================|
From: McAldon International Inc. <mcaldon@igc.apc.org>
Newsgroups: misc.invest
Date: 05 Jan 93 22:28 PST
Subject: Re: >>>> S-Corporations, et al and Inco
Nf-ID: #R:ssimmons.726241015@convex.convex:-1799915503:cdp:1426500323:000:709
Nf-From: cdp.UUCP!mcaldon    Jan  5 22:28:00 1993


|[...]
normally be paid by salary, such as a consultant. Employees can also get health
|benefits through a sub-S, but certain limits apply to "major stockholders".
|: : Jan Steinman, Bytesmiths   steinman@hasler.ascom.ch : :

I believe a "major stockholder" is one who owns 5% or more of the stock:-)
This is also true with C-corps, however.  It means you'll be taxed
for health insurance premiums paid by corporation, for example.
                           
|       DMcKenzie        |      "Time is the best teacher.      |    
|    mcaldon@igc.org     |    Unfortunately, it kills all its   |
|                        |    pupils."   Hector-Louis Berlioz   |
||||||||||||||||||||||||||||||||||||||||||||||
From: tdw1@bunny.gte.com (Tom Walsh)
Newsgroups: misc.invest
Subject: Re: ~~~~~~~ BRN RADIO IN SALT LAKE CITY? ~~~~~~~
Date: 8 Jan 93 16:43:34 GMT
Distribution: usa
Organization: GTE Laboratories

In article <1993Jan7.213231.29626@fcom.cc.utah.edu> jli@bingham.utah.edu 
(Jianliang Li) writes:
> What is wrong with Business Radio Network (1230 AM) in Salt Lake City?
> Is it going to come back?  Appreciate any info.
> 

Don't know about the BRN situation in  Salt Lake City but if experience in 
other cities is of interest, I can tell you that two years ago BRN 
disappeared from Boston and never came back.   And I know that in Dallas, 
BRN has come and gone from two separate stations in the past 2 years.    
There just seems to be a lot of turmoil in the stations it signs up with.
From: ojvind@chagall.cns.caltech.edu (Ojvind Bernander)
Newsgroups: misc.invest
Subject: Chapter 11
Date: 4 Jan 1993 19:45:54 GMT
Organization: California Institute of Technology
NNTP-Posting-Host: chagall.cns.caltech.edu
Keywords: IPO

Why is it called chapter 11?

-- Ojvind
From: jxs18@po.CWRU.Edu (Jerry Sy)
Newsgroups: misc.invest
Subject: Re: OK, what about THIS strategy?
Date: 8 Jan 1993 18:22:47 GMT
Organization: Case Western Reserve University, Cleveland, OH (USA)
Reply-To: jxs18@po.CWRU.Edu (Jerry Sy)
NNTP-Posting-Host: hela.ins.cwru.edu


In a previous article, mike@drseus.jsc.nasa.gov (Mike Ross) says:

>I took a management course wherein a guest lecturer spoke about
>finances and stocks.  Pressed for some investing advice (not
>necessarily expected of this lecturer, but she relented), she
>told us her old boss had gotten quite wealthy with a simple
>strategy:  each August (I don't know the significance of August)
>he would buy stocks with a low PE ratio (4 or less), and sell those
>whose PE ratio had grown out of that range over the previous year.
>He supposedly only did this once each year.
>
>Has anyone heard of or tried this method?
>
>NO, oddly enough, I don't remember anyone asking her if SHE used this
>scheme.  And NO, I'm not an expert investor, so if I just gave the
>equivalent of 'buy low, sell high', forgive me.
>
>-mike
>
>
from what I have read, P/E ratio itself means nothing.  A company's
stock price could be falling, hence reducing its P/E ratio, and
buying that stock can make you lose money, if the principal continues
to drop.
From: al037@cleveland.Freenet.Edu (Dave Polewka)
Newsgroups: misc.invest
Subject: Re: How can I profit by investing $20?
Date: 10 Jan 1993 07:31:08 GMT
Organization: Case Western Reserve University, Cleveland, OH (USA)
Reply-To: al037@cleveland.Freenet.Edu (Dave Polewka)
NNTP-Posting-Host: slc4.ins.cwru.edu


In a previous article, acheng@ncsa.uiuc.edu (Albert Cheng) says:

> jchen@wind.bellcore.com (Jason Chen) writes:
>>|>............ In what kind of investments can I stake my $20?
>>
>>Buy 20 lottery tickets. If you are lucky, you get rich. If you are not,
>>you helped to trim NY deficit. 
>
>BAD expected return.  You won't help the deficit by giving more.  That is
>like fighting fire with gasoline.  Call a Las Vagas bookie and bet on the
>next superbowl winner.

Or you might trot on over to Aqueduct and bet on some maiden races.
Long shots come thru quite often there.

-- 
=======================
"Endeavor to persevere"
=======================
Newsgroups: misc.invest
From: thiru@lgc.com (Thiru Bollam)
Subject: Insider trading laws.
Organization: Landmark Graphics Corporation
Distribution: usa 
Date: Mon, 4 Jan 1993 23:17:40 GMT

	I'm trying to find out if employees of the company, they are working
	for, are forbidden from selling/buying shares of the same company 
	during specified period every quarter? What type of employees are
	covered under insider trading laws?

	Thanks in advance.

Thiru
Newsgroups: misc.invest
From: acheng@ncsa.uiuc.edu (Albert Cheng)
Subject: Re: Misc.Invest sentiment
Originator: acheng@shalom.ncsa.uiuc.edu
Organization: Nat'l Ctr for Supercomp App (NCSA) @ University of Illinois
Date: Mon, 11 Jan 1993 16:53:01 GMT


In article <1993Jan10.005418.22005@leland.Stanford.EDU>, bohnert@leland.Stanford.EDU (matthew bohnert) writes:
>Having read misc.invest for several years, I would like to add my
>two cents worth on a sentiment indicator. 
>
>IMHO, the number of new posts that involve ...`I'm new to investing,
>how do I get started in the stock market', or `...I'd think I'd like
>to trade stocks for the first time, how do I open an account...', etc., etc., 
>is hitting an all-time high in recent weeks.  I'm not trying to insult or 
>offend anyone, but many contrarians see the flood of newcomers to the market 
>as an indicator of peaks.  Perhaps just one more log on the fire, I guess.
>
>Of course, I could be wrong.

Or, it used to only {college students, nerds, geeks} who have no money
to invest can access the network.  :-)  Now, more and more people with
real dough log onto bullutin boards to seek information.  In the good
old days, Nixon was accussed of erasing audio tapes.  Now the Bush's
administration was told not to erase computer files.  In the last
election, one could even E-mail the Clinton campaign office.  Welcome
to the computer age.
From: jb6k+@andrew.cmu.edu (Joel Bloch)
Newsgroups: misc.invest
Subject: Re: How did Monsieur Zweig do in 1992? (Re: Day Orders or Until Cancelled)
Date: 5 Jan 93 04:30:28 GMT
Article-I.D.: andrew.QfGNi4600iUz01EKRD
Organization: Doctoral student, English, Carnegie Mellon, Pittsburgh, PA

This was a very difficult market for the approach Zweig uses because
there were no clear trends. Throughout the year, Zweig would try to take
long or short positions only to have the market reverse itself. If you
are a small investor and tried to follow all these trends, you would
have had a lot of small losses. Had you just invested in the stocks and
not tried to time the market, you would have outpreformed his
newsletter. However, this is not necessarily the case in all markets.