
4 December 2024 | 6 replies
I don't have experience with the Detroit Land Bank, but generally land banks are pretty reliable, but...they are low money buys (from $1 to $1,000) that require you to show proof of funds for the rehab.

3 December 2024 | 22 replies
Notably, there is often an unfortunate cycle where: (1) current ownership has financial struggles; (2) this requires the current ownership to fire sell or declare bankruptcy; (3) the development suffers as a result; (4) new ownership comes in and tries to fix it; and (5) the cycle repeats.

3 December 2024 | 3 replies
They do this by foolishly assuming the good times will last forever and fail to remember the market cycles.

30 November 2024 | 11 replies
Further proof of this is having a flea-free unit before the dog.Flea collars are not natural.

5 December 2024 | 34 replies
When we have proof from them that they moved out - the text they sent - we do not proceed with eviction as it would be a waste of money.

5 December 2024 | 5 replies
Following this, I consider it another pro of our situation that I have the ability to do significant property renovations myself, and between my wife and I, we make a pretty good design team.

4 December 2024 | 37 replies
As "proof" that they are legit, they sent me a copy of a DE vorp good standing screen shot and a fake HUD statement showing $1.2 million on a property that was sold for $200k three years ago.

26 November 2024 | 3 replies
2) Time spent by others: to qualify for the test "100 hours and nobody spent more time", how do we track the time spent by others and what proof would be required in the event of an audit?

3 December 2024 | 5 replies
I can show proof if needed, lol.