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18 December 2024 | 15 replies
@Shaheen Ahmed you can find all the info you need online if you know where to look - except that the City of Detroit Assessor's Office is consistently undervaluing properties to keep property taxes attractive for investors - to keep improving the city:)Here's some copy & paste infor for Michigan Property Taxes that you might be able to use as a template for other areas - or you could start investing in Detroit:)----------------------------------------------------------------------------------------------------Michigan has some of the most complicated property taxes in the USA.
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2 December 2024 | 3 replies
Instead, it is grouped under another address in the same community, which happens to have the lowest price.
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19 December 2024 | 3 replies
You can still do those things that are not affected by the heaving.
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6 December 2024 | 21 replies
That was Lending Home...which is now Kiavi.
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1 December 2024 | 0 replies
We're working on figuring out the local regulations for ADUs here which are a bit more confusing as it's already a duplex and not just a single family.
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2 December 2024 | 4 replies
Have you read Traction?
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1 December 2024 | 25 replies
@Loan NguyenRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
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17 December 2024 | 2 replies
As far as capital, most investment loans would require you to do 20-25% on a SFH.
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2 December 2024 | 2 replies
Thank you for sharing your findings.
20 December 2024 | 3 replies
You need to research/know the rules, laws and regulations (including HOA if applicable), like you'd do in any US city.