14 November 2024 | 13 replies
I'm finding out that if I make the property my primary residence for 1 yr and then turn it into a rental.

16 November 2024 | 3 replies
Lawn Care: Regular upkeep, normally the tenant's job on single family residences stated in the lease.7.

15 November 2024 | 3 replies
So, I decided to drive a nearby neighborhood close to my residence, recently and document addresses of seemingly vacant distressed properties.

11 November 2024 | 4 replies
This was done to protect senior citizens on fixed incomes from being forced to sell their homes due to unaffordable property tax increases.Since the passing of this amendment, all properties in Michigan have two property tax values associated with them:State Equalized Value (SEV): supposedly equal to 50% of the market value of a property, not based on recent sales price.Taxable Value: the SEV annually capped as long as there is not a transfer of ownership.City Assessors are charged with determining how much property values have changed each year.

14 November 2024 | 3 replies
Check out my story here: https://www.padsplit.com/stories/members/jeanQuote from @Alex Martinez: Investment Info:Single-family residence buy & hold investment in Atlanta.

14 November 2024 | 5 replies
Also, @Joshua Stanton, how do you protect yourself/assets if you can not deed the property into an LLC?

20 November 2024 | 37 replies
A lot of the time, the HML 2nd secured by the high equity primary residence would end up getting paid off in short order with via a HELOC, so there'd have to be points in it upfront for the HML for it to make sense.

15 November 2024 | 5 replies
To protect yourselves, ask the sellers for written documentation confirming that the tenant is back-paying.

14 November 2024 | 19 replies
I have a 3/2.5 in Old Lake Highlands near White Rock Lake (~1 mile) that my family and I are living in as a primary residence, but I have been thinking about house hacking into another house and then doing a MTR on this 3/2.5.

14 November 2024 | 10 replies
Quote from @Matthew Posteraro: Me and my wife are planning on starting our investment journey by buying a multi-family home that we would live in as our primary residence.