Paulette Midgette
A Contractor I Would Not Recommend
17 January 2025 | 12 replies
I have also filed a claim against his insurance company with hope of getting at least our monies from the contract back.
Shaheen Ahmed
Property taxes on rentals
18 December 2024 | 15 replies
A property qualifies as Homestead for this exemption if an eligible owner files a Principal Residence Exemption (PRE): https://www.michigan.gov/taxes/0,4676,7-238-43535_43539-210891--,00.html#:~:text=Section%20211.7cc%20and%20211.7,purposes%20up%20to%2018%20mills.Many investors have gotten an ugly surprise when they bought a property that was a primary residence of the seller for the last 20 years.
Tom Gorrell
Fair Price for CPA to do taxes
19 December 2024 | 25 replies
The syndications might be invested in multiple states which will require multiple state return filings which add to costs.Are you getting any consulting throughout the year?
Tim W.
Invest for Cash Flow or Appreciation- Which do you favor more?
22 December 2024 | 7 replies
Once its approved it will be worth about 100 million. and the 10k a month is all principal there is no interest carry.. so been it it 15 years already..
John Keane
Where to find gap funds?
16 January 2025 | 13 replies
So in the FWIW file what I see all the time is those trying to start out and getting the same returns as those with a lot of experience. you need to build your experience bucket and as you make your partners money U can adjust profit splits.. other wise I suspect nothing will happen unless of course you can tap your warm market that will do this because they like you.
Dina Schmid
Misreprentation (or error?) of Lot Size, City and Zipcode on MLS
28 December 2024 | 11 replies
As for the info being wrong - I know that filing a complaint against the listing agent for misrepresentation could be an option.
Yonathan Cabrera
Locating Gap Funders?
22 December 2024 | 7 replies
This gives them significant control and security.Joint Venture Agreement with Personal Guarantee: We establish a Joint Venture (JV) agreement that includes a personal guarantee, providing an additional layer of security for our investors.Memorandum Filing: We file a memorandum in the county where the property is located.
Marcos Carbi
Advice Needed: Long-Term Tenants Behind on Rent – How to Handle?
18 January 2025 | 8 replies
There are many ways to attempt to collect your loss: file a small claims complaint against them; get a judgement so you can garnish future wages/bank accounts - and the judgement will be recorded in the credit bureau.
Rene Hosman
Have you ever offered rent concessions to entice potential renters?
17 January 2025 | 19 replies
If a tenant, applicant, or prospective applicant finds out that you treated them differently, they can file a complaint saying you discriminated against them.