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25 December 2024 | 11 replies
Single-family homes, however, appeal to investors and homebuyers, giving them broader market demand and more potential for appreciation.The bottom line: When deciding between multi-family and single-family properties, focus on actual net cash flow, not dogma.
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12 January 2025 | 12 replies
A property qualifies as Homestead for this exemption if an eligible owner files a Principal Residence Exemption (PRE): https://www.michigan.gov/taxes/0,4676,7-238-43535_43539-210891--,00.html#:~:text=Section%20211.7cc%20and%20211.7,purposes%20up%20to%2018%20mills.Many investors have gotten an ugly surprise when they bought a property that was a primary residence of the seller for the last 20 years.
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2 January 2025 | 50 replies
Also, content or manufacturing industry doesn't punishment seller for using multi platforms.
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20 January 2025 | 19 replies
Sha we expressed to you the reason we wouldn’t let you have your contractor go out because these are wholesale deals and we are only allowed 1 walkthrough per our contract with the seller.
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29 December 2024 | 24 replies
I would also question how the house gained 55k in equity, or ~24% in 2 years when interest rates rose and demand fell.
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26 December 2024 | 1 reply
There is nothing about how long you need to occupy the property for.So unless our lender puts a demand on us I see no problems legally in occupying each property for any amount of time to fulfill the requirement, then rinse and repeating this process up to our full entitlements, so long as the lender is willing to keep giving us loans.
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31 December 2024 | 57 replies
The tenant demanded the Sunday night emergency service, which i declined and TOLD her (not asked) that the furnice guy will be there on Monday morning.
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28 December 2024 | 24 replies
Yes, taxes and insurance are higher, but Tampa has strong rental demand, and you can still find properties in growing areas just outside the city where cash flow is realistic.
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3 January 2025 | 7 replies
Will look to refi next year and get all our cash back (have 1 year left on generous seller financing)Failure: still battling a tenant eviction industrial property, costing me money (I can afford) but time and my energy (not a great use)A ha moment: just to focus on higher equity slugs into fewer deals, the law firm is #1 for me2025 goal: complete exit, closing Jan 9, keep making offers, grow the law firm with less billables
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24 December 2024 | 44 replies
I don't know the city well, but seems to be light on demand drivers other than Baylor University.