2 December 2024 | 6 replies
One thing to watch out for is the financing aspect of it - could be a hurdle getting a loan if the transaction is "non-arms length" - i.e. between "Friends" - might be worth looking at seller financing too

2 December 2024 | 19 replies
I have had a couple of addresses over the years and usually I have used UPS, but lately I have seen a lot of virtual option popping up ... earthmail ... regus ... digital mailroom ... there seem to be quite a few.Would anyone have feedback on the best route to go?

4 December 2024 | 30 replies
The P&L isn't going to tell you that, you need to see the Balance Sheet.Put it simply, if an investor decided to hire someone like me to start handling their books and have to gather their financial statements, I would be charging an arm and leg to put it correctly.

30 November 2024 | 12 replies
Vacasa seems like they cover everything which is great for hands off owners, but they charge an arm and a leg.

3 December 2024 | 10 replies
I would consider this a very loose agreement for an arm's length deal.

1 December 2024 | 25 replies
If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.

2 December 2024 | 29 replies
Have you gotten out of the original hard money loan or still paying the double digit interest cost?

1 December 2024 | 9 replies
But because this was not an arms-length sale, the tenant could simply be notified of the change in ownership and where/who to send future rent payments.

28 November 2024 | 5 replies
When you say no only to my LLC then they will say how is that arms length transaction?

5 December 2024 | 87 replies
Don't just be enamored by double digit returns and definitely don't feel rushed into investing in any funds.