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18 December 2024 | 15 replies
@Shaheen Ahmed you can find all the info you need online if you know where to look - except that the City of Detroit Assessor's Office is consistently undervaluing properties to keep property taxes attractive for investors - to keep improving the city:)Here's some copy & paste infor for Michigan Property Taxes that you might be able to use as a template for other areas - or you could start investing in Detroit:)----------------------------------------------------------------------------------------------------Michigan has some of the most complicated property taxes in the USA.
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12 December 2024 | 5 replies
No one should ever ask someone for up front fees except appraisal fees paid directly to the appraiser...not the lender.
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13 December 2024 | 5 replies
@Spencer ManningYour other questions were answered except for last one.S8 vouchers are for a specific number of bedrooms and rent amounts.So, a S8 tenant must find a property with rent that does not exceed their voucher amount.This stops S8 tenants from renting Class A properties and most Class B.Currently, Fair Housing does NOT protect source of income, so unless a state or local government has passed a law stating otherwise, landlords do NOT have to accept S8 vouchers.
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12 December 2024 | 0 replies
I found a contractor through the listing realtor and he bid all of the work except the HVAC, which I located another subcontractor.
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15 December 2024 | 15 replies
Other than that, I'm not sure what to recommend except maybe team up with Lynnbrook for payments outside Airbnb.
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12 December 2024 | 7 replies
This way you can refinance out all of your cash and hard money positions.Whether or not it will "cashflow" has nothing to do with BRRRR (except for maybe "repeating"!).
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16 December 2024 | 17 replies
I would proffer that though that no one is building NEW mobile home parks with some exceptions for long term RV parks which continue to be developed.
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13 December 2024 | 15 replies
This would not necessarily be the case, or the spread could go the other way, though such motive could present one reason for conversion.I am not even sure if rent control gets eliminated through a possible condo conversion in most towns in Hudson County - West New York, for base condominium rent > $1000, is one exception, it seems valuable to determine the others.
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11 December 2024 | 8 replies
I've tried many other personal finance tools and consistently had problems staying connected, so they're the exception.
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13 December 2024 | 11 replies
The only exception to this is if life circumstances happen and you CAN'T.