Drew Sygit
New Michigan Law: Landlords Can't Discriminate on Tenant Income Source
21 January 2025 | 11 replies
The law does NOT apply to landlords:With less then 5 rental unitsThat live in one unit of a duplex and rent out the other unitThat rent out rooms in the home they occupySo, landlords can no longer state in their rental ads, "Section 8 not accepted".The reverse is also true, "Section 8 only", cannot be used.We've always recommended screening S8 tenants the same way as cash-paying tenants.Landlords waiving application fees and/or security deposits only for S8 prospects may also be violating Fair Housing.
Dhruv Patel
New 7 unit construction
22 January 2025 | 3 replies
Additionally, based on your numbers, it should definitely cash flow.
Jonathan Yake
First Live and Hold Deal
22 January 2025 | 2 replies
Purchase price: $302,500 Cash invested: $5,000 Utilized VA Loan for a House Hack for my first Rental Property.
Dylan Fraembs
New Member Looking to Connect!
3 February 2025 | 12 replies
Just not seeing any rents close to the property for 3/4 bedroom properties that would cash flow for a mortgage that size.
Leslie LaBranche
Jerome Maldonado real estate developer training
5 February 2025 | 48 replies
So anyway one can pay the 20k and get some basic theoretical knowledge but one should be realistic this is a big cash up front business.. your not going to find consultants doing this work on the come. 100% agree.
William Taylor
[Calc Review] Help me analyze this duplex in Michigan - are these numbers correct?
12 January 2025 | 12 replies
I just don't think you can expect a property to cash flow when you're putting 3.5% down.
Zach Howard
Book recommendations including order of reading.
2 January 2025 | 0 replies
I have purchased the following books:ABCs of Buying Rental Property The ABCs of Property Management The ABCs of Real Estate Investing The Advanced Guide to Real Estate InvestingThe Book on Investing in Real Estate with No (and Low) Money DownWhat order do you recommend reading them in?
Ian Russell
1031 exchange question
15 January 2025 | 3 replies
you could take $300K and purchase one property for cash.
Augusta Owens
New member and new to real estate
7 January 2025 | 12 replies
Thank you all in advance for your feedback, wisdom, and tips.
Rachel Jane
Rent or sell
20 January 2025 | 7 replies
Between the equity on the condo and the extra cash you have, you can purchase 2-3 homes.