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22 November 2024 | 92 replies
At some point, the scales will tip and then everyone left wants/needs to jump off in order not realize coming loses.It is a cycle, like most things in life, but one that can be avoided if you stick to what actually works rather than taking unnecessary risk just to force a deal.
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12 November 2024 | 11 replies
I have had a lot worse and never been forced to replace it to get insurance.
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20 November 2024 | 37 replies
You can force appreciation by improving the property, but you are counting on market appreciation which you have no control over.
11 November 2024 | 4 replies
Now that I am retired, I am eager to: 1) Gain hands-on experience in flipping homes in Florida, 2) Find properties with potential for value-add/forced appreciation, 3) Partner with experienced home flippers for collaborative projects.
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11 November 2024 | 10 replies
If you were forced to sell this property a year from now 100% renovated is the most likely buyer another investor?
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21 November 2024 | 305 replies
The social peer pressure among the group will usually force them to figure out problems/drama that otherwise would be much harder if they're not in the same social circle.
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11 November 2024 | 4 replies
This was done to protect senior citizens on fixed incomes from being forced to sell their homes due to unaffordable property tax increases.Since the passing of this amendment, all properties in Michigan have two property tax values associated with them:State Equalized Value (SEV): supposedly equal to 50% of the market value of a property, not based on recent sales price.Taxable Value: the SEV annually capped as long as there is not a transfer of ownership.City Assessors are charged with determining how much property values have changed each year.
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13 November 2024 | 15 replies
But if the docs give you the right to start charging default interest, force release of the lien etc that is at least some leverage, control.
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10 November 2024 | 3 replies
Basically, the higher the ROI you want, the more riskier properties you'll be forced to target.
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10 November 2024 | 6 replies
That forces them to figure it out.