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26 January 2025 | 32 replies
No, the training isn't free but neither is any other kind of training.
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29 January 2025 | 1 reply
Do current tenants have a say in deciding if the landlord will be allowed for this conversion or no?
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21 January 2025 | 11 replies
New year, new laws (Senate bills 205, 206 & 207).Effective January 2, 2025, Michigan landlords can no longer consider a tenant's source of income when screening them.
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6 February 2025 | 28 replies
No decision yet, but it's looking good for the investor, as they were able to find about 20 other houses in the area that have been operated as STRs for years with no complaints.
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22 January 2025 | 2 replies
No chance I can be finished with the house by then.
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25 January 2025 | 17 replies
It's no different than their 2-year, low interest rate teaser houses.
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3 February 2025 | 5 replies
I am no way affiliated or benefit from these referrals, just like to pass along good business!
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21 January 2025 | 10 replies
I imagined that to mean that a 1920 home with no renovations would cost more to insure than one updated to 2024 specifications.Is this something that is just "known" to flippers/renovators and I am just coming across it?
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6 February 2025 | 10 replies
If you spend the entire $300k restoring the property, then here is the end result:- deductible casualty loss of $50k- no current tax- the restored property has $0 basis and cannot be depreciated- when it is later sold, the entire sale price is taxableMechanics and reporting are tricky, and I would not recommend to DIY it, especially since my scenario is over-simplified, and your real scenario is likely to involve more gotchas.Thanks so much.
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26 January 2025 | 43 replies
We win as seller is a no show in court10.