
12 November 2024 | 15 replies
Have you ever had a pet cause more damage than the fees you've collected?

18 November 2024 | 8 replies
And while the deduction for depreciation is legit, you have to pay that back eventually - it's really a tax deferrment.I would be more interested in finding something that causes you to pay more taxes, because it is making you money.

19 November 2024 | 111 replies
Even someone seeing the gun could cause escalation that otherwise would not occur.

18 November 2024 | 13 replies
I stand corrected:)They do have an office in Metro Detroit and while we're far from perfect, we seem to get a lot of their unhappy previous clients.In our opinion, they built a system for Class A rentals - where tenants have 680+ credit scores and rarely have to be evicted or trash properties.They then tried to apply their processes to Class B & C rentals and that's when their service issues increased.All this caused them to recently significantly increase their Flat Fee pricing and monthly minimum charges.

17 November 2024 | 32 replies
I have been married to my husband for 10 years we have 2 girls together and he has 2 adult girls and i have 2 teens all girls .but my husband got that title when he was 20 now he is 44 but i can tell you from my experience its been rough over the years cause people love to judge but forget how easily something like that could happen to themselves or there own kids .i am currently looking to find a place for my family cause the lady i rented from for 10 years decided to sell.

18 November 2024 | 12 replies
One mistake could extend the tenant's stay for months without any income, not to mention the stress it could cause.

17 November 2024 | 2 replies
Also there are rules with past due notices etc. as well as it relates to this.If you were to damage someone's credit and then find out you were not compliant, you could open yourself to a lengthy and very costly legal battle.

17 November 2024 | 5 replies
This is what I think I know:- The borrower can choose to pay off the note at any time (by selling the property or just paying off the loan with other funds), so it is important that the legal balance covers my investment and some profit- The borrower could file bankruptcy (can someone confirm that this will only cause delay, but not jeopardize ultimately collecting the legal balance of the note)- Most of these DOTs will have a rent assignment clause, so I could try to enforce that and collect rents from tenants (essentially manage the property) while I am holding the note and trying to foreclose.

15 November 2024 | 7 replies
I fixed the roof myself out of my own pocket.I called the insurance broker and he straight asked me if there was a damage after the hurricaine, so I said a tree fell but I fixed it myself out of my own pocket.

23 November 2024 | 38 replies
Here's some other copy & paste advice you might 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?