
29 December 2024 | 1 reply
Required distributions from qualified retirement plans.This is controlled by Section 401.

27 December 2024 | 8 replies
Potentially free parking for your guests.Condos can work too, but there are more variables out of your control.

30 December 2024 | 12 replies
@Kmsuea Abdei signing an Exclusive Buyer Agency Agreement is common, but it can limit you to working with just one agent.

29 December 2024 | 15 replies
-Limits placed on the number of people that can be in the residence at any one time (i.e., no parties, gatherings or additional overnight guests).

3 January 2025 | 45 replies
Using cash is great if you want to keep all the profits, but it can limit your deal flow.

30 December 2024 | 10 replies
I appreciate the condo board’s efforts as a unit in a predominantly o/o complex is worth more to other o/o buyers, but it has to limit my buyers.

2 January 2025 | 36 replies
If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.

27 December 2024 | 18 replies
The $7K limit is on IRA contributions.

29 December 2024 | 23 replies
Portfolio lender, they’re limited to certain counties though.

28 December 2024 | 5 replies
This could be a good option if you have limited funds available.