All Forum Posts by: Mora Clark

@Mike Jordan mike I would like to know more about your market and inventories

@Andrew Huffmab How long do you have to wait before you can do a cash out refi? That’s so fascinating to acquire a property with zero cash down while still having positive cash flow!! Congrats! 

So now I have a scenario when my PM dispersed my rent late? Now what happen? Should I charge him a fee?

@Ryan Kuja That's why I am very hesitant to reach out for a CPA yet just because I only have one property right now, not many assets like others but just want to make sure I don't miss out on any tax benefits. I have listened and read quite a bit about tax related deductions on my own as well and it doesn't seem too difficult but you know i'm a newbie, just want to make sure Uncle Sam doesn't rip me off dramatically :D

I have a question about the CPA, I just bought my first investment property (Single Family House) out of state and I haven't set up any legal entity yet since I want to acquire more properties under my name as I heard it's easier to get financed. Would you recommend getting a CPA now locally where I live (or where my property is) or wait?

@Ryan Kuja That's awesome! Yes, I would love to chat more about your investment in W Michigan. I was living there, I wasn't into REI yet so I guess there is a lot to catch up now. :)

@Ramone Reese I would like to hear your insight as well since I'm also interested in the Detroit and its sub... Thanks :)

@Aaron B. Lewis Hey Aaron! Let's connect and see if we can strike a deal together! I'm also a Michigander but from Holland :)

Would like to hear the update on the Detroit's opportunity as well :)

Hello all, just piggybacking on this post. I'm interested in the Greater Detroit Area as well, what's the market right now? It seems to be heading in a good direction I assume. Do you have any good referral for an Investor Friendly Agent/Broker as well as PM?