
4 October 2024 | 5 replies
This is a common question among real estate owners.Let's dive in:The reality is that wealthy families often pass on real estate assets from generation to generation.For example, if one generation has an RE entrepreneur who amasses $50 million worth of real estate, that portfolio can generate enough cash flow to support multiple future generations comfortably when passed on.So, what happens if that initial investor built their empire by rapidly depreciating assets and using 1031 exchanges to lower the basis and defer taxes along the way?

30 September 2024 | 10 replies
Weekly rent averages about $ 175 per week and I provide internet, utilities and a coin-op laundry.

3 October 2024 | 5 replies
A 3/2 is going to be less commonly desired by health professionals and you could look into insurance placement companies.

3 October 2024 | 1 reply
For criminal background checks, services like TransUnion SmartMove, RentPrep, or MyRental are commonly used and provide comprehensive reports that include criminal history, credit checks, and eviction history.To verify how much they make, you can request recent pay stubs, bank statements, or tax returns if the tenant is self-employed.

4 October 2024 | 12 replies
. $400 a month for utilities, $500 for misc expenses like toiletries, maintenance/repairs, landscaping etc. $150 a month for insurance (this might be low?).

6 October 2024 | 33 replies
Detroit would be a difficult market to utilize a DSCR loan in due to the low amount of monthly rental income coming in.
4 October 2024 | 26 replies
So, I don't just factor in hard expenses like mortgages, taxes, insurance, utilities.

4 October 2024 | 6 replies
Network with investors, avoid common pitfalls, and refine your numbers.Good luck!

2 October 2024 | 1 reply
Give them a triple net lease (meaning they pay rent, and they're also responsible for insurance, utilities, and maintenance).

2 October 2024 | 10 replies
Pretty common for tree roots to grow into a cast line or clay.