Richard Benjamin Wilhite
How to Find "Cost" Basis for Inherited Land prior to 1031 Exchange?
16 January 2025 | 5 replies
You're right, I definitely do not want to force a bad deal just to avoid a relatively small amount in taxes.This morning, I spoke with the property assessor’s office in the county where my property is located.
Jeffery Jones
Section 8 properties
8 January 2025 | 11 replies
Organizational Delays: Section 8 offices are often overworked and understaffed, leading to slow processing times for new tenants, delayed rent increase approvals, and poor responsiveness.Benefits of Section 8:1.Long-Term Tenants: When you get a good tenant, they usually stay for a long time because of the tedious process required to qualify for Section 8 housing.2.Consistent Income: If Section 8 covers most or all of the rent, you typically receive reliable monthly payments, reducing the risk of non-payment (as long as there isn’t a large tenant portion).3.Lower Barrier to Entry: Because properties in these areas are often more affordable, it’s a good way for new investors to break into real estate without needing a large amount of capital.Overall, I’ve seen the good and the bad of this strategy.
Aaron Raffaelli
DSCR Loan for a first time REI
8 January 2025 | 17 replies
If so (and even if not), I would love any recommendations to a loan officer in the metro Detroit area.Thank you in advance,Aaron RaffaelliAaron,Yes, it should be entirely possible!
Jenna Schulze
Investing in College
4 January 2025 | 4 replies
You can also get a "gift" from a relative or join a program (ask the mortgage officer) on if there is a gift program you can join - similar to a scholarship.
Tiffy W.
Do you suggest renting PO Box to collect rent?
1 January 2025 | 32 replies
I have a PO Box that i used for that purpose and any other business mail but since converting to ACH i am not sure when its the last time I went by the post office.
Spencer Ware
Retired NFL Player 2x SB Champ
16 January 2025 | 33 replies
I have experience in single family fix and flip, 1-4 family rentals, small apartments (10-30 unit), 100+ unit apartments, development, commercial retail, industrial and office.
Bill Goodland
Favorite Tools for Building Distressed Owners Lists
15 January 2025 | 13 replies
At a high level, the system ingests raw documents from the recorder's offices, building permits, zoning permits, market data, and other auxiliary datasets.
Ananth Subramanian
Post eviction: Collecting Judgment amount
16 January 2025 | 8 replies
Hi @Dan Baldini, the attorney' office with whom I pursued the case collect fee for each email or phone call.
Kin Lay
How to transfer my share of the house to my brother?
14 January 2025 | 5 replies
However, it’s important to ensure that the deed is properly recorded with the county recorder’s office to make the transfer official.
Joe S.
BOI injunction reinstated again today??
8 January 2025 | 9 replies
This reminds me of a police officer pulling somebody over without reasonable cause and asking to search their vehicle and if the person does not consent, they’re saying you must have something to hide.