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.
Vivan Bhalla
RentToRetirement.com Review - Beware of this scam
16 December 2024 | 43 replies
Quote from @Vivan Bhalla: Hi all,So I was reviewing a list of reviews given by people on RTR (Rent to retirement) and was surprised to found not even one negative, which made me think of my experience and I decided to write a review so as to save people from this scam.I came across RTR in 2022 through a referral, I researched their reviews and decided I will use them for my first real estate investment which is a turnkey property.
Peter Firehock
Alexandria City Virginia (Washington D.C. Suburb) Buy and Hold Investment Thesis
18 December 2024 | 3 replies
Many major leases at the shopping center owned by JPG Smith are coming due in the next 5-7 years, so the development is not guaranteed at this point as much could change in the coming 5-7 years.Even if JPG Smith does decide to renew the current leases instead of developing, there is a strong likelihood of office development being done on the vacant space adjacent to the new Tech campus. but between all of the development growth residentially, with employers like Amazon and Virginia Tech, and the new metro station, I would not be surprised to see JPG Smith move forward with the plan to develop this new business district.
Lolo Druff
Buying a house with tenants in place
11 December 2024 | 5 replies
It's supposed to ensure there are no surprises after closing.
Tariq A.
Best Short-Term Rental markets
10 December 2024 | 13 replies
You'd be surprised at what you might get - especially now with rents being down and some of these long term owners having grabbed a ton of equity over the last 10 years or so.
Devin James
3 Homes Closing this week!
9 December 2024 | 2 replies
The unexpected always has a way of sneaking in at the last minute.Here's to a week of smooth transitions and no surprises!
Ryan Dunn
Unexpected Rate Increase on BRRRR Loan – Is This Normal?
10 December 2024 | 36 replies
That's a real bait and switch scummy thing to do, but I guess I shouldn't be surprised these days. keep in mind this is not usually bait and switch it could be and they are not being scummy.they simply are at the whims of thier senior credit facilities wants and needs..
Carter Mayberry
Refinancing my current FHA to Commercial Financing
13 December 2024 | 15 replies
Consulting a CPA is a must to navigate these nuances.Double-check these details with your lender and CPA to avoid surprises and keep scaling smoothly.
Hemal Adani
Anyone has invested with Open door capital? How was your experience?
22 December 2024 | 105 replies
So, so it's not real surprising to see some of these results.... sigh
Blake Grzybowski
Can't find Pre-Foreclosure Properties
15 December 2024 | 8 replies
Those notices are recorded (surprisingly) at the county recorders/clerks office, so, search there by whatever details you have if your state offers non judicial foreclosure which it does.If there is no related documents (NOD or NOS or NOTs or appointing a sub trustee listed within the available documents list for the database) then go to the final place where the notice is filed.3).