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26 October 2024 | 50 replies
Do you include a washer/dryer (which many rentals don't)?
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24 October 2024 | 2 replies
It has 2 detached structures and one of them includes another half-bathroom.
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24 October 2024 | 5 replies
Common expenses include:- Attorney Fees: Legal assistance for reviewing contracts and ensuring compliance can vary based on the complexity of your deal.- Title Insurance: Protects against potential disputes over property ownership.- Appraisal Fees: Necessary to determine the property’s market value.- Closing Costs: This can include various fees related to finalizing the loan, such as recording fees and settlement costs.Inspection Fees: If required, this ensures the property is in good condition before purchase.It’s a good idea to discuss these potential costs with your lender upfront to get a clearer picture of what to expect.
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24 October 2024 | 7 replies
It's the focus of most of our RE podcast content, including the featured episode this week, with @Chad Carson, and @Dave Meyer.Curious - why do you think that this wouldn't be allowed on BiggerPockets?
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24 October 2024 | 27 replies
I would not include appreciation since that is an unrealized gain.
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30 October 2024 | 21 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.
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27 October 2024 | 13 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.
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24 October 2024 | 7 replies
Key features include:- Automated rent collection, late fee processing, and lease renewal reminders- Marketing your units across multiple sites (zillow, apartments.com, etc.)- Integrated compliance module for local ordinances and regulations- Customizable reporting and analytics dashboards- User-friendly interface for landlords and tenantsMy goal is to empower landlords with efficient, cost-effective tools to manage their properties, minimize risks by being updated with all the regulations in their markets, and maximize returns.
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25 October 2024 | 22 replies
Someone correct me if i'm wrong but fair return is all encompassing and includes all conditions listed by @Paul Merriwether.
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28 October 2024 | 14 replies
A legally suited detached with garage is around the $375k - 450k point (in decent shape). 3 bedroom, 1.5 bath main floor around 1100 sqft can rent for $2000-$2200 a month (utilities included). 3 bedroom, 1 bath basement can rent for around $1600-$1800.