
20 November 2024 | 22 replies
Join off-market Facebook groups and local RE investor FB groups to get more local information about potential off-market properties, and find investor-friendly RE agents who are willing to work with you.I would recommend for a first deal at least to get something closer to home, easier to get back and forth to for your own sanity, ability to check on either construction or tenants, address repair and maintenance issues.

19 November 2024 | 12 replies
Here’s what to keep in mind:Between LLCs: Use formal loans or inter-company agreements to transfer funds, ensuring documentation to avoid co-mingling issues that could affect liability protection.Personal to LLC: Deposit personal funds as a capital contribution or loan to the LLC.

19 November 2024 | 23 replies
They can address issues quickly, which helps maintain tenant satisfaction and property condition.5.

19 November 2024 | 6 replies
One issue that I have not seen addressed, is the cost of the home, which will greatly affect your cash flow.

20 November 2024 | 11 replies
While doing an Airbnb seems like a good idea it does not resolve the issue of the divorce and splitting the propertyI still think your best bet is to drop the price and sell it and start your life over.

17 November 2024 | 5 replies
So I have a 4 unit that is under agreement to sell and the inspection report came back with some electrical issues that needed to be addressed.

22 November 2024 | 13 replies
You're barely doing new carpet, paint and replacing some doors on that budget.The issue (at least in DFW) is that B class doesn't lease at all.

19 November 2024 | 10 replies
Though I don't see an issue to claiming the homestead exemption later on down the line.

18 November 2024 | 13 replies
I stand corrected:)They do have an office in Metro Detroit and while we're far from perfect, we seem to get a lot of their unhappy previous clients.In our opinion, they built a system for Class A rentals - where tenants have 680+ credit scores and rarely have to be evicted or trash properties.They then tried to apply their processes to Class B & C rentals and that's when their service issues increased.All this caused them to recently significantly increase their Flat Fee pricing and monthly minimum charges.

13 November 2024 | 8 replies
If you don't pay he gets the park back and your asset.That would put me at more ease, knowing that you have skin in the game, and are going to pay me.Gino