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22 December 2024 | 0 replies
While not every mentor is a guaranteed path to success, proper vetting through referrals, review of a mentor’s track record, and alignment between the mentee and the mentor can shine some light on whether or not this relationship is a good fit.
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16 December 2024 | 5 replies
Feel free to reach out if you have any questions or would like to connect, and happy hunting!
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19 December 2024 | 5 replies
but working with someone who is local to your market, who can show you their legal documents that they have used, introduce you to a proper title/attorney office for drafting documents...I mean, nothing is foolproof...but that route will have a significantly higher success rate.
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18 December 2024 | 2 replies
Sounds like its time to sell since the HOA fee just doubled which usually means the HOA has not been managed properly and failed to build a strong reserve account.
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24 December 2024 | 9 replies
For house hacking, ensure rental and personal use are properly allocated for deductions.
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30 December 2024 | 819 replies
You have to properly vet and perform thorough due diligence (which I didn't do a couple years ago when I first jumped in).
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31 December 2024 | 32 replies
if yes then you got the answer, an appraiser will never come in with the proper value of A turnkey, because they rely on local comps even though those comps need much work and the principal is already done and cash flowing.2- These turnkey sellers usually purchase there properties for far below market value, if this is the case the appraiser might appraise for A lower amount due to the previous sale on the property.I don't know what turnkey seller specifically you are talking about of, but if their customers are happy then you got your answer, if their customers claim they were ripped of then you got the answer as well.
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18 December 2024 | 7 replies
Available but not on demand.The Lowballer: Initially quotes a very low price but may later demand significant cost overruns.Be wary of contractors who become defensive when you ask detailed questions.Happy hunting!
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20 December 2024 | 27 replies
There are various other items that may come up such as: Proper firewall suppression, adequate entrances/exits for fire safety, stair safety, size of kitchen appliances, etc... for my specific example.
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19 December 2024 | 4 replies
I own 12-doors in Detroit proper.