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8 January 2025 | 5 replies
Squatters can now be locked out of a property and their possessions removed, but a landlord CANNOT physically remove the squatters themselves.The local police are supposed to enforce these laws and assist landlords in removing squatters.The reality is that when you call the Detroit Police to remove squatters:1) The police often don’t know/care about squatter laws and state you must take the squatters to court to evict them.
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14 January 2025 | 21 replies
We have some Rensselaer tenants on various forms of assistance, so happy to chat though that, as well.
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21 January 2025 | 35 replies
We send our clients a comprehensive list of what we see COULD be fixed, as we have no idea how each owner will want to maintain their property(s).
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9 January 2025 | 9 replies
Regarding a 1031 exchange, while the property was rented and treated as an investment property during your deployment, if you maintained it as your primary residence for tax purposes, it may complicate eligibility.
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6 January 2025 | 2 replies
If you ever need help, I’m happy to assist!
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8 February 2025 | 22 replies
We've added natural gs lines where there were none in the building and got assistance from the gas company who paid for all the excavation and street repair to get the gas line to the building.
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13 January 2025 | 11 replies
Maintaining a financial track record for your project is facilitated by effective budgeting.3.
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5 February 2025 | 29 replies
The only costs are hourly wages to an assistant to respond to the tenants if something comes up like a question about the online payment portal system or something else.
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9 January 2025 | 7 replies
I will not comment as to the tax laws and underlying rules - that is a discussion you can have with your tax advisor who presumably you are paying to help you.What I will do is provide practical and business guidance on tracking time.Firstly, there are apps available that can assist with time tracking where you can specifically detail your time, who you met with, etc.
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9 January 2025 | 0 replies
If you don’t have a large down payment saved up, don’t worry—there are plenty of options available . . .”A trusted lender will go over the various loan types with you, any down payment requirements on those, and down payment assistance programs you may qualify for.