
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.

13 November 2024 | 0 replies
Always something new and cool going on in our market!

18 November 2024 | 8 replies
It's important to understand the difference, and I'd recommend sticking with the REIT with depreciation advantages.The Tax Cut and Jobs Act (TCJA) includes a 199A deduction and applies to certain income from pass-through entities (including REIT dividends) and allows individuals to take the 20% deduction against REIT dividend distributions that yields an effective tax rate of 29.6% or 37% (80% for upper bracket filers).

19 November 2024 | 21 replies
It's the nature of investing in real estate.

19 November 2024 | 11 replies
One thing to watch out for... it is a tax, but not an income tax (so it applies to Roth accounts as well).

15 November 2024 | 18 replies
That is natural lifecycle of any learning, as you move from elementary to high school, to college.

28 November 2024 | 184 replies
White is denied the privilege of appearing or practicing before the Commission as an accountant, with the right to apply for reinstatement after three years.In a separate proceeding filed in district court on May 31, 2023, the SEC charged, among others, ORES and its CEO and founder Chimene Van Gundy with violating Sections 5(a), 5(c), and 17(a) of the Securities Act and Section 10(b) of the Securities Exchange Act of 1934 (Exchange Act) and Rule 10b-5 thereunder.

14 November 2024 | 5 replies
I'm conservative in nature, but am looking for the push to jump in at some point.

21 November 2024 | 23 replies
Now for my out-of-pocket expenses:Down payment: $7500 (Hard money loan 90% purchase price 100% rehab)Closing costs: $6500Inspection: $400Agent's commission: $5200 (didn't raise purchase price of house with seller concessions, so that money didn't apply to the commission sadly. won't make this mistake again)Holding costs: $1300 (one interest-only payment of $770, roughly $200 in utilities and $360 in insurance)Total: roughly 21 grand.

18 November 2024 | 13 replies
If she moves out in seven days and leaves the house undamaged, you can apply her deposit to the unpaid rent and forgive the rest.