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12 February 2025 | 20 replies
There are some types of trusts that bring a lot of protection, but you generally lose control of your assets and they are managed by someone else.
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3 February 2025 | 14 replies
The benefit is that you can take control of the rental while still allowing them to retrieve their belongings.
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31 January 2025 | 5 replies
I'm still in the process of finding an alternative solution but I thought I'd leave this here as a warning for others looking to make a decision.For reference, I'll just post their email response to me here:As we review your inquiry, we would like to remind you of the following key points from our Terms of Use:In no instance shall ShinePay be liable for any of the following:"Lost revenue from service interruptions.Lost revenue stemming from delays, malfunctions of any product.unauthorized gains access to your account or due to shared passwords or if your password is hacked.Destruction to properly, places, or personal injury resulting from the installation, misinstalling, or misuse of any product.Lost revenue from entering the wrong account number for ACH or other bank transfer or money transfers or due to any delay in receiving funds.Damage to your structure, machines or car resulting from use or installation of our products.Any funds collected that are paid to a person that does not own the property.Any harm from defeating the lock and technology that controls the lock to a device.Failure to properly service any product or machine."
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22 January 2025 | 7 replies
My immediate area, 5200 people, has 3 outdoor self storage and 1 new climate controlled.
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11 February 2025 | 4 replies
Specifically, the the loan guarantors need to have controlling ownership in at least (i) 3 multifamily properties [with the first acquired at least 2 years ago], or (ii) 1 multifamily property that has been owned for at least the last 5 years.
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21 February 2025 | 8 replies
If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 4-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.
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16 February 2025 | 44 replies
.#2 if the owner doesn't want to buy it back, I can begin collecting rent since I control the deed in my name at that point.
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21 February 2025 | 182 replies
I am guessing his hands are tied as Norada is simply the marketing company and I am guessing no operational control of Wagner.
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1 February 2025 | 3 replies
I called animal control and the city myself and facilitated the process getting a bear proof dumpster.
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11 February 2025 | 7 replies
This is especially true of the statewide rent control (1482).