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28 December 2024 | 6 replies
That property is now a reliable source of rental income and a constant reminder that success starts with taking action, learning on the fly, and embracing challenges head-on.
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15 January 2025 | 24 replies
And my #1 issue is I don't see any actions to address this in a meaningful, market specific manner.
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6 January 2025 | 14 replies
Investors should fully understand that Section 8 is not a cure-all for Class C & D tenant challenges, it's just trading one set of problems for another.We see too many investors not doing enough research to fully understand all this and making naïve investing decisions.
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2 January 2025 | 5 replies
Chris, good to hear you are so eager to take action!
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31 December 2024 | 97 replies
(B) A purchase agreement may provide that in the event of a dispute regarding the disbursement of the earnest money, the broker will return the money to the purchaser without notice to the parties unless, within two years from the date the earnest money was deposited in the broker's trust or special account, the broker has received one of the following:(1) Written instructions signed by both parties specifying how the money is to be disbursed;(2) Written notice that a court action to resolve the dispute has been filed.
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1 January 2025 | 8 replies
That could involve mediation or court, OR possibly if nobody takes an action you may simply be awarded the EMD back after a certain time period.
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31 December 2024 | 57 replies
The fact that you think the tenant is a pain has nothing to do with how you maintain the property, you could be creating legal and maintenance problems for yourself by not taking action.
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10 January 2025 | 22 replies
His reputation in the real estate world is garbage and he loves to say he does not trade time for money yet to find, purchase and renovate over 700 properties, deal with Section 8 tenets, time spent dealing with lawsuits etc he is doing exactly that.
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31 December 2024 | 49 replies
What it has, how much it is, what is minimums to qualify, AND most importantly how to do what you want them to do next, CALL TO ACTION.
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30 December 2024 | 18 replies
@John Kim @Travis Biziorek is 100% correct.S8 really isn't difficult, but it's not the answer to everything that the self-proclaimed "gurus" make it out to be.With S8 tenants, you're just trading one set of challenges versus direct paying tenants.When we advertise a rental, we take the best tenant we can find, immaterial of their source of rental funds.You want to be careful investing in the City of Detroit because there are a lot of "crooks" trying to sell you Class D properties dressed up to look like Class C or B.Connect with us or Travis for more info!