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6 January 2025 | 4 replies
The original trial court decision granting an injunction against the enforcement of the CTA and having to file the beneficial ownership information (BOI) reports has been reinstated.
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28 December 2024 | 6 replies
I knew nothing about renovations, home ownership, or property management, but I had a vision, determination, and a mentor in my dad.
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3 February 2025 | 11 replies
You need to learn how to analyze property and determine if they are a good investment.Here's a guide that describes how to analyze a property.https://www.biggerpockets.com/blog/rental-property-cash-flow...
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15 January 2025 | 15 replies
I have heard that it is common practice that private money lenders collect a monthly fee thru various methods, I'm trying to determine what those methods are.
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20 January 2025 | 14 replies
Figure out market rents, deduct expenses to determine NOI, deduct cashflow you want, plug remainder into mortgage calc at current interest rate, then add lender's required down payment.That is how much you offer!
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21 January 2025 | 7 replies
It may also make it easier for your estate planning attorney to line up ownership with your estate plan, assuming a CA-estate plan if a CA resident.
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1 February 2025 | 13 replies
The scope of work, quality needed, location etc will determine the cost.
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23 January 2025 | 23 replies
Most banks I work with require anyone with over 20% ownership to guarantee the debt but have seen as low as 10%.
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8 January 2025 | 0 replies
I am making completely passive cash, while also seeing the value of my portfolio increase with no headaches or management responsibilities that usually come from SFR ownership.
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12 January 2025 | 12 replies
This was done to protect senior citizens on fixed incomes from being forced to sell their homes due to unaffordable property tax increases.Since the passing of this amendment, all properties in Michigan have two property tax values associated with them:State Equalized Value (SEV): supposedly equal to 50% of the market value of a property, not based on recent sales price.Taxable Value: the SEV annually capped as long as there is not a transfer of ownership.City Assessors are charged with determining how much property values have changed each year.