@Michael Ferranteare you looking to become a PM? 

I agree with @Michael Smythe, Determine the true market rent for the property, show it to your tenants, and discuss with them a fair increase that works for both of you. 

Hey Michael!

Originally posted by @Michael Burch:I have looked at some houses that I am interested in flipping.

Hey Michael,I would check out the 63114 zip code (St.

Hi Michael,Anything over a 20 year depreciable tax life is ineligible for bonus depreciation under Sec. 168(k). 

Quote from @Michael Smythe: @Ane DeysRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding locations to invest in.Here’s our OPINION for the Metro Detroit market (always verify each area for yourself!)

Quote from @Michael Smythe: @Amirra Besh If you call any agent, they will typically charge 1 month of rent to find a tenant.Just like in a sales transaction, where the buyer's agent and listing agent split the commission, an agent will offer another agent that brings a tenant 50% of the one-month of rent as commission.Many owners are trying to put pressure on PMCs to lower this fee because they think the monthly management fee should cover at least part, if not all, of this.Here's were penny-pinching owners screw themselves: PMC's will charge lower than the one-month of rent, but they offset it and do NOT tell the owner the negative repercussions!

Quote from @Michael Plaks: @Weronika JedrakYou're asking this on a forum that features 20+ of tax experts matching your search profile.

Quote from @Michael Baum: Hey @Patricia Andriolo-Bull, I have always thought that it was a tough row to hoe.You get one booking for the first unit, that pretty much kiboshes the opportunity for a large group renting both for that time.How big are these units?