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27 November 2024 | 4 replies
Looks like is passed in 2022, effective this year.
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26 November 2024 | 2 replies
By investing in properties that stand the test of time, you set the stage for financial success that can be passed down to future generations.Now, listen up, my aspiring real estate moguls!
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26 November 2024 | 4 replies
A few things to keep in mind:Section 8 requires the property to pass an inspection based on HUD’s Housing Quality Standards (basically making sure it’s safe and well-maintained).The rent you charge has to align with Fair Market Rents (FMRs) in your area, so it’s good to check what similar properties are renting for.You’ll still be responsible for maintaining the property, but the upside is that a chunk of the rent is guaranteed by the government, which can provide steady income.Check with the local housing authority about any specifics for your area—every jurisdiction does things a little differently.This could be a great niche if you can find a good deal on the land and make sure your expenses (like maintenance, insurance, and occasional vacancies) are covered by the rental income.
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28 November 2024 | 10 replies
Move slow, ask lots of questions, and don't be afraid to pass on a deal that doesn't feel right.Feel free to reach out if you want some resources on the Detroit market.
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24 November 2024 | 7 replies
.: @Yori DeanYou will have to eventually need to deal with the new law that they passed regarding wholesaling.Â
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2 December 2024 | 33 replies
Unless you love it or really have the itch to get into real estate, I'd suggest that you pass and keep doing whatever it is that allowed you to pile up $1M in the first place. 4.
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26 November 2024 | 13 replies
For example if you have to pass through the bedroom to get to another room that may be an issue.Â
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22 November 2024 | 4 replies
I would pass on this deal.
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25 November 2024 | 5 replies
This doesn't pass the sniff test.