It is insane and they make the process extremely difficult.As @Paul Merriwether stated; Oakland acknowledges rent increases above CPI is possible under the section of 'fair return' here: https://www.oaklandca.gov/resources/learn-more-about-allowab...

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

The information have been extremely helpful and will definitely help guide me in the right direction!

If you can find people that are that stupid, to be a co-signor on anything, more power to you.

With $175k, their buying power is now only $875,000 with 20% down.($175,000 / 20% = $875,000)Of course, the buyer can put less than 20% down and pay private mortgage insurance, but let’s say they really want to put 20% down.As a seller, you have now reduced the pool of buyers who can pay $1M for your home since the buyer needs to save more money to reach a $1M purchase price.So, would you rather make $875k and “save” money on commission, or make $975k and just pay their agent?

I'm extremely picky about job sites.

Currently i am getting up and running as a Real Estate Agent but i am extremely interested in pursuing other areas of real estate personally for real estate investments.As a Realtor i'm looking connect with the following people and experts :- Other Real Estate Agents - would even love to discuss mentorships if anyone has the time but if not just growing this community for me would be great.- Investors / Rehabbers - You never know when i will stumble across a fantastic deal - would love to be able to keep in touch and send you market updates from my area.

Hey @Tony Thomas, I won't speak to the tax side (not a tax pro) but from a bookkeeping perspective, this will complicate your operations (and, bookkeeping as a result) quite a bit.So, ensure you have super powerful incentives from an REI-savvy attorney and an REI-savvy tax advisor prior to making this move.Some of our Clients have implemented this in the past (prior to working with us) and their businesses weren't large enough to justify the complications that come with this type of structure.Hope that helps!

It's a powerful and user-friendly tool that has made a huge difference for me.