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31 October 2024 | 6 replies
@Vincent DeLucia check out our website where we have the entire Metro Detroit area listed by Property Class and the 183 Detroit Neighborhoods.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.
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2 November 2024 | 8 replies
Do it before you apply for a mortgage though because its required.
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31 October 2024 | 11 replies
It is working as intended and is not a way around things.Loophole-A way of avoiding or escaping a cost or legal burden that would otherwise apply by means of an omission or ambiguity in the wording of acontract or law.
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1 November 2024 | 48 replies
As always, your tax professional should help you navigate these rules and apply them to your specific circumstances as with all tax law, there are caveats and nuances to everything which need to be examined!
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1 November 2024 | 12 replies
As far as the SD, disperse it as usual...apply any damages and refund the remainder.
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30 October 2024 | 15 replies
Every adult residing in your rental should apply, be approved by you, and sign the lease.
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2 November 2024 | 8 replies
Hey everyone,So I applied to test for a GC license in California, but was short on experience.
1 November 2024 | 11 replies
However, it's important for landlords to apply this question consistently to all applicants to avoid any mistaken appearance of discrimination. ~ Ran FRIDMAN PROPERTIES FAMILYI don't think you mean this literally, because treating everyone like family is a recipe for disaster!
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30 October 2024 | 0 replies
Have you come across any interesting models or success stories that could be applied more broadly across the state?
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30 October 2024 | 16 replies
Here's some copy & paste advice we hope you find useful:----------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?