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17 December 2024 | 13 replies
Amy is obvious since you never Answered @Joe S. question your just a schill looking to pick a fight and you have zero credibility with 6 total posts so where do you come off making demands like this..
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27 December 2024 | 93 replies
FYI, 13 motions for default have just been filed by two previous customers of BTC, totaling around $ 420k.
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14 December 2024 | 15 replies
For example:Item Estimate Confidence Low HighDemo $2,000 90% $1,800 $2,200Construction $15,000 80% $12,000 $18,000Misc $4,000 75% $3,000 $5,000----------------------------------------------------------------------------TOTAL $21,000 $16,800 $25,200Obvious this is a grossly oversimplified example.
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19 December 2024 | 13 replies
That sounds like a strategy that some of the YouTube gurus are teaching to wannabe investors with no money or experience and that is going to end up with a lot of deals going sideways as these buyers will probably fail because overpaying is obviously a bad strategy to begin with.
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10 December 2024 | 25 replies
If I can get 2 different renters in before Jan 1 2025-is still possible by obviously getting a cost seg.Also, would all of the house hunting, going out to see properties, research (calling city for license/map searching) and buying the furnishings count toward the 1 of 7 qualifications IRS demands in addition to the 2 Airbnb bookings-preparing home, cleaning, set up etc?
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16 December 2024 | 6 replies
My goal would be to have about 60K total to put into something.
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19 December 2024 | 22 replies
Obviously the net number is what's most important to sellers typically but I have found escaltion clauses and offering free rent backs to the seller are just a couple of ways to make your offer stand out.
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15 December 2024 | 17 replies
Obviously areas like bloomfield hills are class A and most of detroit is class D, but how do I go about finding what to expect in other areas.
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12 December 2024 | 2 replies
Obviously, it’s better to have the units submetered, but I know sometimes it’s cost prohibitive.
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17 December 2024 | 5 replies
My figures are below.TaxDeed Winning Bid: $489.00 (My Bid May 2013)Property Clean-up: $450.00 (mowing, trash removal)Taxes & Insurance: $80.00 (2013 & 2014)Sale Advertising: $130.00 (Signage, Newspaper Ads, etc)Filings & Legal Fees: $245.00 (Deed, Lien Releases, Sales Agreement Docs)Total Costs: $1395 (approx)Sold for: $3250.00 (August 2014)That is better than the 25% I would have received if the property was redeemed during the redemption period.