
22 November 2024 | 6 replies
She will never replenish the deposit if you allow her to use it.FYI, I'd have a lawyer on tap ready to process the eviction.

29 November 2024 | 2 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.

29 November 2024 | 5 replies
HelloI’m currently in the process of selling a home and am under contract to purchase another home using 1031 exchange.The home I’m selling is under mine and my wife’s name personally.

22 November 2024 | 12 replies
You can write off everything still, its actually better if flip takes more then a year as you can make it look like a long term capital gain, need a investor friendly CPA who isn't afraid to do what gets you the lowest tax payments.

27 November 2024 | 10 replies
Best to start the process to sell.If you decide to keep it, you should talk with the contractors - you don't need to do high-end renovations for a rental.

29 November 2024 | 18 replies
I want to point out that I’ve noticed his tone in emails can come across as demanding or even a bit rude.For examplez: I see how he writes to the group—always polite and full of "thank you"s—but when addressing me, the tone feels far more demanding.Would it be okay to respond with something like this?"

28 November 2024 | 10 replies
Many investors do this and don’t see issues, but it’s best to proceed carefully and know there’s some risk.You don’t necessarily have to inform the lender, but it's wise to consult a real estate attorney or CPA to guide the process and minimize risk.

26 November 2024 | 6 replies
In Metro Detroit area, police will not remove these types of occupants (they are afraid of scamming landlord having police remove legal tenants), calling them a "civil matter" forcing landlord to start court eviction process.

27 November 2024 | 0 replies
-repeat the process every year by acquiring one house every year with the appropriate income qualification

27 November 2024 | 0 replies
The appraised value seems low and I am trying to understand the best strategy to challenge this value and the cost / benefit of going through the condemnation process.