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Results (10,000+)
Mattin Hosh Assist in Turnkey
9 January 2025 | 10 replies
@Mattin Hosh first, most cities in Metro Detroit have some type of rental property inspection every 2-3 years.It's not really a big deal 99% of the time - especially for owners who are NOT slumlords:)Also, a quick Google search will show that several states/cities are passing/considering similar legislation.One of the biggest mistakes we see newer investors making is NOT properly understanding Neighborhood/Property/Tenant Classes and naively assuming that any rental they buy will deliver Class A results.Read our copy & paste thoughts below and DM us if you'd like to dicuss more about the Detroit market:)-------------------------------------------------------------------------------------------------------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 property in Class D area to Class A standards, what quality of tenant will you get?
Joe Au Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
You won't even try to understand it.   
Jeffery Jones Section 8 properties
8 January 2025 | 11 replies
@Jeffery Jones you understand you'll be buying Class C & D properties, not in the best of areas?
Kathy Creighton-Smith LoanBidz lending reviews
23 January 2025 | 15 replies
As you can see from our teams response on this thread, we are VERY engaged with our company and clients EVERY client matters, so you can understand when someone speaks poorly of our shop, especially when incorrect, they take it pretty personally.Second, you mentioned "a lot of people" who are not happy with our service.
Karen Smith The Rise of Private Lending: What's Your Experience?
13 January 2025 | 12 replies
I also completely understand the frustration of navigating through "Joker brokers" and fake lenders who promise more than they can deliver—one of the biggest challenges in the industry today.Regarding your approach to accrual-based repayment options, that’s a huge help for flippers managing tight cash flow, and it's great that you offer that flexibility.
Paul Stewart STR Life- Remitting and paying Taxes
16 January 2025 | 11 replies
My understanding of Avalara is I still need to input the info so it would take 10-15 minutes to do.
Rick Ilich Deed restrictions removal question
10 January 2025 | 3 replies
In that case, you’d typically need to file a legal challenge, which could involve going to court and showing that the restriction is unnecessary or unreasonable.The best advice I can give would be to consult a real estate attorney to understand your specific situation and options.
Tim Hem Capital Gains and IRS Publication 523
9 January 2025 | 9 replies
So if I understand this correctly, by qualifying to extend the 5 year rule to 10 yrs, $250k if single or $500k if married of proceeds from this sale would be exempt from capital gains? 
Michael Long Investing Cleveland, OH area
9 January 2025 | 10 replies
@Michael Long less than 5% of agents really understand what an investor is looking for!
Lee Ripma Understanding Kansas City Neighborhoods and Zip Codes
25 December 2024 | 12 replies
You don’t get CA level appreciation in Kansas City.Some areas are high crime so need make sure you understand the neighborhood you are investing in, like any city all locations are not equal.Very car centric city, mass transit is not widely used, people don’t walk, they drive outside of a few very walkable locations in heart of the city.