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20 November 2024 | 5 replies
First, you would need to subtract allowances for repairs and vacancies (a necessary prediction).
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21 November 2024 | 5 replies
I tried giving someone a referral code once, and my post was removed because I’m not a “Pro” member, so not allowed to receive any compensation here.
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22 November 2024 | 10 replies
I usually adjust temperature right before a check in to make it comfortable for guest.Love the Honeywell 9000 color touchscreen thermostats.They also allow me to locking a temperature range so the guests can't set temperature to 60 in the summer.
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21 November 2024 | 6 replies
Profit First allows be to manage money without having to do all the daily math when money is lumped into one account.
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20 November 2024 | 18 replies
Typically you can get a window egress installed for $3k-5k.Not aware of a Metro Detroit city that will allow the conversion of a SFR to 2-4 units in an R1 zoned area.- You can improve your search by only looking in R2+ zoned areas.- Will still be challenging to acquire a SFR at a low enough price to justify the cost of any conversion.Regarding Michigan property taxes, we have a one-page explanation document we'll share if you DM us. - The challenge in Detroit is that the city is "deliberately" keeping SEVs low to not scare investors away over property tax increases.
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22 November 2024 | 7 replies
Keep Homestead Property in Your Name: Keeping your primary residence in your name allows you to retain veteran and homestead tax exemptions.
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19 November 2024 | 8 replies
Pulling the cash out that you paid for a property is called delayed financing and that allows you to pull the cash out, and with some lenders the closing costs you paid.
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25 November 2024 | 13 replies
Cash out refis have lower loan to values allowed vs rate/term refis, lower rates, and no seasoning.
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20 November 2024 | 14 replies
This will allow you keep the equity and maybe try a BRRRR with another property if that's why you specialize in.
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20 November 2024 | 12 replies
Only thing I can think to do is call Vrbo or Airbnb and explain the situation and see if they would allow you to create another account that maybe isn't active to use until the other accounts are shut down?