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21 October 2024 | 8 replies
And with the step up in basis, if I sold in a couple of years and even lost money on renovations, etc., I would still come out very financially ahead.
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19 October 2024 | 3 replies
Any list you can pull for a few bucks has already been hammered by hordes of investors before you.Not saying this way can't work, but I recommend a different path...I prefer to focus on sellers who have a reason to sell but who require some effort and skill to identify.My favorites are #TiredLandlords, namely owners who have filed an eviction lawsuit against their non-paying tenants.Many of these folks are through being in the rental business and are open to hearing about a way out.Even better, #TiredLandlords are ideal candidates for seller financing, since they don't need the sale proceeds to buy another house, PLUS they are already conditioned to receiving monthly payments over a period of time.
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18 October 2024 | 5 replies
About 2 years ago I decided to become a licensed real estate agent in Michigan and have had a fairly successful first couple years doing that full/part time.
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21 October 2024 | 5 replies
I have a couple of properties in different LLCs.
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21 October 2024 | 7 replies
There have been a couple software companies in the past but they have moved more towards institutional investor focused than the small investor.
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22 October 2024 | 12 replies
If you pay them diret and hint to them the comps you suggest because you're trying to come in lower, then they are more likely to do that.To me, I would just use a couple of low end sold comps and call it a day.
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23 October 2024 | 15 replies
I agree that you shouldn't spend a couple of thousand dollars on an accountant if you have two small properties.
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20 October 2024 | 32 replies
Tuesday I'll go to bid on a couple of them.
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21 October 2024 | 6 replies
There is a proration available for a couple of exceptions when you haven't lived there for 2 out of 5.
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20 October 2024 | 17 replies
I prefer no ice makers and when the last fridge with the broken icemaker (lease signed with it that way) dies they will get one without an ice maker.