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28 January 2022 | 11 replies
Personally, I would avoid epoxy/cement in a living area in SE MI.
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24 September 2015 | 8 replies
Wholesaling is non-existent, seller financing is non existent, private hard money lending is called the "grey market" because more often than not it is controlled by semi criminal elements whom you don't want to be involved with, rehab-flipping is almost non existent (compared to the US), the SFH market is very small compared to the amount of apartments and is more often than not exorbitantly expensive, taxes and regulations are very inhibitive, realtors are less professional and less regulated, transaction costs are very high- In short a totally different market and not one very suited for the small time investor looking to make a full time living.
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17 January 2017 | 49 replies
To be accurate it is their home regardless of whether it is apartment, semi or SFH.
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14 February 2019 | 8 replies
Wayne, I can be semi-helpful here as I'm also researching the area and am looking at the both the seasonal and year-round rental markets.
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24 May 2016 | 17 replies
You don't hear, "Bought for $200M, paid transfer tax, recording fees, document fees, put utilities in my name and paid for them, put insurance on property and paid for it, paid semi annual taxes, paid 9% per month holding costs to my hard money guy on $200M for six months, sold it for $350M and had to pay 6% commission on $350M plus another 3% of that in closing costs".
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28 December 2022 | 8 replies
The economy is definitely starting to slow down with these tech layoffs and will more with these semi conductor issues that'll rear its ugly head at some point.
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6 December 2017 | 5 replies
Hello,I will be adding two new bedrooms to one of my units (the attic is a semi-finished area that used to be 2 bedrooms but due to a fire in the 80's was never finished)...one of the bedrooms I know will not be able to have a window and I have seen that the state code might require windows or a certain amount of sunlight in the room?
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3 May 2019 | 24 replies
Of course, the goal is to eventually pull money from these investments monthly to I can semi-retire hopefully in 10-15+ years.
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5 May 2020 | 7 replies
Usually if someone is storing stuff it's semi-organized and they put it all in one area (e.g. the garage) rather than it being strewn about the place like garbage.
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27 September 2019 | 4 replies
I am semi active in acquisition side of wholesale aside from having a traditional real estate team.