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4 December 2024 | 2 replies
Often the debtors will refuse to acknowledge these liabilities, while obviously aware of them, because they are dumping them on purpose.Second, if the property has a high risk issue then make attempts to due process notify the debtor or the heirs.
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1 December 2024 | 68 replies
Nothing new on the conversion process since an update 3 weeks ago, which didn’t say much.
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2 December 2024 | 7 replies
It's possible the engineer is agreeing to take on the ENTIRE development process and manage the entire development of the project but that would need to be clearly defined in the roles and responsibilities of the development partnership.
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30 November 2024 | 6 replies
It's a huge win, and I admit, at the top end in terms of outcomes.Most deals are leaving $5,000 - $15,000 post-refinance but still nicely cash flowing.In short, yes, there's a lot of opportunity in Detroit but you really need to understand the market or work with folks that do.I'd be happy to chat with you or anyone else looking at the market there.
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5 December 2024 | 24 replies
Like anything, the start is the most difficult steps in any process.
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9 December 2024 | 9 replies
I suspect the ROW did not want to get in an argument with you and just kind of went along with your thought process all the while knowing there is no way they are going to agree to your terms in writing.
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4 December 2024 | 8 replies
When I first started I purchased them and when it came time to use it the process was a nightmare.
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4 December 2024 | 5 replies
Strong property management and careful tenant placement also play a critical role in success here, so I recommend partnering with a turnkey company or an agent who specializes in these areas to make the process smoother.As for rental demand, homes that sit for extended periods are often the result of issues like pricing, condition, or tenant quality—not necessarily a reflection of the market as a whole.
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2 December 2024 | 9 replies
You might want to read our series about “How to Screen a PMC Better than a Tenant”, since selecting the wrong PMC is usually more harmful than selecting a bad tenant: https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processes
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1 December 2024 | 3 replies
However, a huge portion of the extra monthly payments would be offset by new rental income from my current primary residence.