
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.

13 November 2024 | 18 replies
Airbnb’s structure also offers a layer of protection and can sometimes reduce the risks associated with traditional long-term tenancies.Wait to Transfer: Some lenders may be open to an LLC transfer after a seasoning period, typically a year.

19 November 2024 | 111 replies
Lawyers, police, emotional stress, your name associated with a shooting, stigma on your building, opportunity cost by being distracted, possible jail time... none of that is good for business.

13 November 2024 | 13 replies
There may be a wealth of information you learn in those conversations.Also, take your deal to a local real estate investing association and ask for their advice.

11 November 2024 | 7 replies
The exception is the Association may, “…authorize such services on the Common Areas as it deems appropriate for the enjoyment of the Common Areas or for the benefit of the Members.”Section 5 – Nuisance – states, “No noxious or offensive trade or activity shall be carried on upon any Lot … which may be, or may become an annoyance or nuisance to the neighborhood, or which shall, in any way, interfere with the quiet enjoyment of each of the Owners of his respective Dwelling…”Feel free to think, “you fool!

11 November 2024 | 12 replies
This is bogus if buyer and seller are independent parties (if the parties are associated then I understand setting true value) as there is usually a reason for the discount purchase (risk items like unpermitted work, crazy low rents in rent controlled area, hoarder, heavy need of rehab, etc).

11 November 2024 | 19 replies
They could even log into the Google email account associated with the account and send questionable emails, upload photos of who knows what to Google photos, etc..

14 November 2024 | 40 replies
It takes time and isn't as sexy as social media would have you believe - but then again it's also not as easy to get rich quick as the social media posters will say!

7 November 2024 | 15 replies
The owner shall also post a notice of intent to sell at all public entrances to the property (that form will also be provided by DOH).If the owner receives an offer from a third-party, the owner shall provide a written notice to the DOH, tenant association or to each tenant in the rental property.

8 November 2024 | 18 replies
Don't expect it to be easy because it will never be.Skip tracing is a tool that finds any number associated with the requested address.