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16 October 2024 | 13 replies
We pride ourselves in specializing in all things section 8 and we have found housing section 8 tenants and Veterans in Detroit rental properties to be very lucrative with the government guaranteed rent and very rewarding at the same time in knowing we provided and managed excellent affordable housing to Veterans and families in desperate, uncomfortable and sometimes even dire situations.
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14 October 2024 | 14 replies
Be prepared to learn and adapt as you go!
10 October 2024 | 2 replies
Be prepared for a bunch of direct messages into your inbox.
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15 October 2024 | 12 replies
.### Steps to Take- **Research Lenders**: Look for lenders that specialize in real estate investors and offer portfolio loans or multiple HELOCs.
12 October 2024 | 6 replies
Throw in a dose of imposter syndrome and fatalism and you have a recipe for some mood swings right before a property is booked again.From a practical point, I would recommend great photos, a clearly defined target to whom you are advertising and understanding the best pricing of an area really well to ake sure you get booked in a timely fashion.From a more meta perspective, be aware that these listings don't typically get booked well in advance (families displaced by flood or fire, traveling nurses who need a new contract ASAP, and construction projects that realize they need a speciality engineer on-site RIGHT NOW don't book ahead).
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17 October 2024 | 23 replies
There are companies that typically specialize in DSCR products and other Hard Money bridge options that are dipping their toes into ground up construction funding.
12 October 2024 | 2 replies
Be sure to use a CPA each year to prepare your taxes for you.
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11 October 2024 | 10 replies
The reason you have to obtain this special type of financing is because the tax code provisions (IRC 4975) do not allow you to personally guarantee debt that your IRA or Solo 401k takes on. 2) It was referenced above UBIT, which is a special tax on the portion of the after expenses and depreciation, that is attributed to the debt financed percentage of the property.
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12 October 2024 | 8 replies
I have a lower first month rent special offered for signing by the 24th.
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10 October 2024 | 16 replies
I know that poses a challenge for me when it comes to comps in preparing the numbers for an offer as well as making sure I g wet as much cash out when I refinance.