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22 June 2024 | 21 replies
@Alex Todd, if that property was your primary residence for at least two years prior to turning it into a rental then absolutely sell now and take up to the first $500K of profit.
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19 June 2024 | 6 replies
:(A few things here prior to making any decisions:* Get an idea of what it's current value is now, both rental and sale value?
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22 June 2024 | 129 replies
Prior to covid it would normally take a few months to sell a $2M home, instead of a few hours.
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19 June 2024 | 4 replies
We make the tenant pay all moving expenses for a holding agreement prior to ordering inspections and completing their list.
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19 June 2024 | 3 replies
I have already had some experience with notes starting with npn prior to enrolling in the course.
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19 June 2024 | 7 replies
16 Deals in 6 Months as a new student with no prior experience -that's impressive!!
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19 June 2024 | 11 replies
Not everyone starting off gets hit with this, and if you can buy a portfolio it can "de-risk" the issue to some extent, but if you have one property and experience an 8-9 month fight to collect rent prior to eviction with a large repair bill after that it can be very painful.ALWAYS use a licensed PM in Detroit.
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19 June 2024 | 2 replies
I would also:1) Recommend you schedule the township/borough U&O at least 10 days prior to sale.
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19 June 2024 | 7 replies
Would that include improvements completed prior to the property being put up for rent?
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20 June 2024 | 33 replies
@Steve Theobald Do you mind me asking what type of experience your BIL had prior to purchasing the FIG four-plexes?