You bring the skills; they bring the funds—win-win.Private Money Lending: Find people (friends, family, colleagues) interested in real estate but not actively involved.

Typically, I would recommend handling the notification portion yourself then handing the rest to a professional team that does this.Maintain rapport with daughter, tell her you have initiated eviction process.

Cosmetic repairs that don’t pose health or safety concerns are typically optional.Then be very transparent and communicate thoroughly to the tenant, as to provide a professional explanation for your decision forward. 

For example; young professional may trigger higher demand for smaller units.

Choosing a professional restoration company seems really important, especially for damage like water, fire, or mold.

Cost segs unlock these savings, but the losses won't offset your ordinary income from your job unless you are an RE Pro.Here's how to think about RE Pro status to make the best case with your CPA and the IRS:RE Pro Status starts with the IRS definition of a Real Estate Professional (IRS Pub 925).It is not as simple as getting a real estate license or working for a firm that provides real estate services.Ask yourself these questions to see if you qualify:Q1: Are you in the right business?

We do occasionally have families or professionals that come to look at our properties, but they realize they can get a much cheaper place a little further out from campus.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Any recommendations for tax professionals who specialize in Detroit properties?

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?