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21 December 2024 | 7 replies
What’s the purpose of using the LlC other than to make it harder and more expensive?
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17 December 2024 | 8 replies
Choosing the wrong 1031 Exchange Qualified Intermediary to administer your 1031 Exchange could be a very expensive mistake due to the Qualified Intermediary's critical fiduciary responsibilities and obligations through out your 1031 Exchange transaction.You may focus all too often on issues such as size of the Qualified Intermediary, 1031 Exchange fees, interest rates paid, turn around times, branch office locations, and the like, when interviewing potential 1031 Exchange Qualified Intermediaries.
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21 December 2024 | 20 replies
they're often much more expensive than they appear because they have deferred maintenance that has been adding up over decades.
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20 December 2024 | 28 replies
The property management LLC's are the latest gimmick these alarmists use to drive up their revenues at their clients expense.
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24 December 2024 | 44 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.
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2 December 2024 | 3 replies
@Dennis Gallagheri don't really use any rules anymore, i just evaluate the actual expenses on actual properties.
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22 December 2024 | 8 replies
While doing all these things minimize your expenses and save as much of your income as you can.
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16 December 2024 | 19 replies
Are you trying to afford a house much more expensive than your W2s could cover?
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23 December 2024 | 20 replies
1) As an agent put 3 more under contract this month for going into 20252) Cut internet and car insurance bill down3) Start prepping for tax time, organize expenses yay lol
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19 December 2024 | 7 replies
Otherwise, yes you have to either excavate and repair and replace or run a pipe burst through the line, which is usually as expensive as excavating.