
4 February 2025 | 17 replies
You're no longer responsible for the loan payments and no longer entitled to the deduction.

27 January 2025 | 56 replies
No thanks!

29 January 2025 | 0 replies
Yes and no.

30 January 2025 | 1 reply
There's no guarantee that there will be more inventory in the spring, and you should just continue to look, and when the right opportunity comes up, just grab it regardless of the timeline.

7 February 2025 | 5 replies
You can use form 3115 to catch up with any depreciation not previously calculated.If you have a condo, it is possible that there is no land allocation.Furthermore, if there were any assessments made by the Condo Association, you want to factor those in as well.

26 January 2025 | 5 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

28 January 2025 | 29 replies
Is your Realtor an experienced STR host (more than likely, no).

30 January 2025 | 2 replies
No slowdown in demand in sight, but we shall see.

20 January 2025 | 57 replies
Btw, the buyer is in no way at any criminal risk vis a vi the lender, he has no contract with the lender and therefore no obligation to the lender.

27 January 2025 | 5 replies
Maybe no one is an idiot, maybe they are simply being responsive to incentives.