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24 January 2025 | 17 replies
One in year 2, and another in year 5...I was unsure of what to do so I created this offer Who did you have check your underwriting?
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16 January 2025 | 2 replies
Go find another property and just check in with this guy once every month or so....you might be surprised one day :-)
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12 January 2025 | 2 replies
I would confirm by seeing the product then going out and checking comparables in that market that have sold.
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7 January 2025 | 3 replies
I don't necessarily need the standard features of pm software, such as rent collection, bookkeeping and maintenance requests, though that could help; but do need a clearinghouse of important information, such as leases, legal docs and other information; maintenance vendors I use; maintenance history; and some kind of tracking system, where I can record the various current projects I'm working on within the business.
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2 January 2025 | 13 replies
@Rae Chris Ann Arbor is pretty expensive, so difficult to find cashflowing rentals.You may want to look in Ypsilanti - if you want to stay in your area.Otherwise, Metro Detroit offers a LOT of options.Read our copy & paste below for some helpful info:---------------------------------------------------------------------------------------------------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?
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13 January 2025 | 7 replies
But a specialist could be helpful if you have unique situations, want to explore advanced strategies, or simply save time.Cost varies - some charge hourly, some a flat fee.I'd recommend checking the tax pro button on top of the page and scheduling a free consultation.
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14 January 2025 | 1 reply
If she is getting close enough to thinking that there will be an income disparity, she will stop at nothing to compel my husband to provide income documentation.All finances are joint except for the rental, which I keep rents for in a separate checking account and track spending for.
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15 January 2025 | 6 replies
Check out my reviews 😊
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28 January 2025 | 14 replies
I suspect a decent VA could access public records and build a mainling list for you or check Property Radar and see if there software will do that for you..
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12 January 2025 | 8 replies
Check with your CPA.