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26 January 2022 | 8 replies
Michigan has a unique property tax structure that you should know to avoid bad assumptions.Overall, if you're buying this and willing to believe a wholesaler's claims about ARV and such, then you probably shouldn't be investing out-of-state because you're setting yourself up to be screwed.Either:1) Cut your teeth investing in your backyard2) Start building your OOS team BEFORE you buy anything3) Buy in the Ring Cities of Metro Detroit, which have less risk than the City of Detroit.You might want to follow our blog here on BP as we write extensively about the Metro Detroit market.https://www.biggerpockets.com/member-blogs/3094-royal-rose-properties
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15 April 2023 | 197 replies
Even Royal Oak, which I'd consider B, not gonna happen.
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19 July 2012 | 33 replies
It is 2200 sq ft built around 2004 in Royal Ranch.
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19 February 2015 | 14 replies
. - unless you choose to repatriate them.If you plan on holding properties in Canada as well, depending on your income from other sources, you may want a Canadian company in the mix as well.
16 April 2016 | 22 replies
@Arthur Royale - I invest in the Atlanta and Charlotte markets and have a few thoughts for you.
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26 February 2016 | 24 replies
Its a ways from Wayne State, a ways from UDM, a ways from Royal Oak.
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26 January 2016 | 3 replies
REIN offers an online course for hefty price I believe 700 or so thats very Canadian specific.
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10 March 2016 | 12 replies
It was a royal PIA even with all our W2 and assets.
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21 April 2016 | 11 replies
Unfortunately after reading more and more about whether there is a Canadian equivalent to a 1031, I haven't found anything that would allow me to protect my capital gains until another investment property has been purchased.
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26 March 2018 | 27 replies
that's the way I understand it as well.NMLS is a royal pain.. if your actively lending you have to do whats called quarterly mortgage call reports on their system. and for someone like me who is clueless .. their website is so difficult..