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25 December 2024 | 12 replies
Late fee is charged on the 5th, I start eviction on the 11th.Second, you don't have to use the court to remove someone and you don't have to wait until their lease is up.
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17 December 2024 | 1 reply
Removing a lien is challenging because you need the person who placed the lien to sign off to remove it.
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20 December 2024 | 3 replies
Remove the kitchen all together and convert it back into two duplexes or is there another option?
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18 December 2024 | 4 replies
I’m pretty sure Zillow has a policy where they remove old photos, but I haven’t figured out the rhyme or reason for where and why they do it.Detroit is pretty block to block.
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17 December 2024 | 5 replies
My figures are below.TaxDeed Winning Bid: $489.00 (My Bid May 2013)Property Clean-up: $450.00 (mowing, trash removal)Taxes & Insurance: $80.00 (2013 & 2014)Sale Advertising: $130.00 (Signage, Newspaper Ads, etc)Filings & Legal Fees: $245.00 (Deed, Lien Releases, Sales Agreement Docs)Total Costs: $1395 (approx)Sold for: $3250.00 (August 2014)That is better than the 25% I would have received if the property was redeemed during the redemption period.
18 December 2024 | 2 replies
Built in the last 50 years but before 1990.Currently rented for <$7000 gross but could likely be raised to >$8000.Expenses are as follows:Taxes - $13,000/Yr or ~$1083/MoInsurance - $3100/Yr or ~$260/MoMaintenance, Repairs, Vacancy, Trash Removal - ~$1000/Mo.Now, seller wants 850k & 10% down, interest TBD.
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18 December 2024 | 2 replies
Whoever they are dealing with also dropped the ball and the buyers are full of something-everything was in writing and if they signed off removing the financing clause, they are on the hook to buy.
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25 December 2024 | 10 replies
Find a lawyer and issue a lease violation for other issues such as excessive noise and furniture removal.
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9 January 2025 | 46 replies
If you do buy a pre foreclosure and follow all the rules and sell within 36 months any profit 80% has to go back to the original owner who was in foreclosure.Since I made living doing foreclosure rescue prior to this . the new laws removed that activity from my business..