Jason Williams
NEWB! Sell or Rent Personal Residence?!
19 January 2015 | 5 replies
I would never rent a home due to my need to defer liability (all other expenses of ownership) to the tenant, but most would contend that free and clear property in an appreciating market is attractive at much less than I would suggest that you consider a long term lease (3-5 years) with an option to sell at market price (your desired price) during the lease term.
Katherine Weaver
Unequal Partners Buying Capital Improvements vs Repairs
30 March 2023 | 1 reply
They asked my advice and I contend that Person A should pay 80% of work defined by the IRS as capital improvements and Person B should pay 60% of what the IRS defines as repairs.How do unequal partners normally split the costs for capital improvements vs repairs?
Richard Dunlop
DETROIT and MICHIGAN (#1 Defender answers questions)
24 July 2016 | 115 replies
The Down River communities have to contend with SW Detroit, and then River Rouge and then Ecorse as insulation.The numbers above do not represent appreciation (related yes) but are an increase in the median sales prices.
Albert Torosyan
Out of State Investing
19 July 2020 | 14 replies
St Louis is looking tops in my research right now, although Cleveland is a contender.
Christopher Sandys
Passing a Lead Safe Toledo Inspection
4 April 2023 | 15 replies
He argues that Toledo City Council does not have the authority to outsource enforcement of a city ordinance to another government agency, which in this case is the Toledo-Lucas County Health Department.City officials contend that thousands of children continue to test positive for lead poison and they point to testimony from health-care officials who blame Toledo’s blighted housing stock, much of which has become rental property, as the source of the poison.For Toledo children, especially those who are predominantly poor and live in rental properties, the situation of lead exposure has become critical, health experts have said.Despite legal challenges, the city has moved forward with enacting the lead-safe certification requirement, which was set to be implemented through a 10-phase process.Properties identified through the census tract as having the highest risk of lead exposure are listed in the first phase of the lead-certification requirement, in which the deadline was supposed to be March 31.
Christopher Iqal
Best cities outside of Austin to buy my first rental property?
30 April 2022 | 20 replies
San Marcos and Jarrell would be two other contenders.
Jeff S.
Investing on Oregon coast
24 November 2020 | 31 replies
This triplex in Washington would be a real contender if I were shopping the area:$299,0006 bd3 ba2,131 sqft530 W Main St, Goldendale, WA 98620Although the realtor mentions that the "area is safe," which implies that nearby might not be so safe...
Andy W.
Do potential tenants balk at screening costs?
21 January 2016 | 60 replies
Thanks everyone for the feedback.I agree with those of you who say if people can't afford the $35, then they're probably not serious contenders, but where I'm expecting push back is when I ask couples for $70.I take the point however some of you have made thought that I should be able to eliminate some simply by asking for information up front.
Vincent Crane
Will housing prices crash again in the next 4-7 years?
30 December 2016 | 118 replies
I'd contend that it wasn't that hard to see locally.
Dexter Wallace
Turnkey Real Estate Investing
11 January 2016 | 137 replies
When you take everything on yourself, you have to learn everything (which is a lot) so inevitably you may miss a lot.Many will contend, but I think they are great!