31 May 2024 | 7 replies
My trusted banks are basically laughing at me.

1 June 2024 | 7 replies
You're not going to get a better deal by doing it yourself...trust me on that.

2 June 2024 | 9 replies
Depending on the size of the down payment, we could take on a property that needs a bit of work.I have been using the BiggerPockets calculator to analyze deals though I'm having a hard time finding any that have positive cash flow in the first few years.

2 June 2024 | 8 replies
This nonprofit would leverage government payments and seek additional grants to support the initiative.However, we face a few challenges:1.

30 May 2024 | 6 replies
Hey Folks,I'm looking for some veteran Detroit Landlords to chime in on this one: Which route is better to take with the Detroit Water Department on a rental: 1) Affidavit of Lessee Responsibility For Water and Sewerage Bills Individual Owner Acknowledgment2) Direct Payment by Tenant Agreement (Tenant (or landlord?)

31 May 2024 | 5 replies
investor friendly realtor. only work with license & bond contractors, since you’ll be out of state. whoever you get to be ur eyes on any project, make sure you trust them. definitely use that lot for more $$$ either build another rental or let the contractor rent it till you have a SOLID plan. double check laws & zoning!

1 June 2024 | 2 replies
The properties are either one street down from each other or are 2-4 buildings next door.Property #1 (Currently live in with my family and I)Purchase Date May 2021Mortgage Balance: $117,898Rate: 3.625%Mortgage payment including escrow: $870.51Purchase Price: $143,000Tax: $3,308Estimate to sell in today's market: $190,000- $210,000 based on current sales in the market this yearHOA: $110 monthly includes Water and building insurance and other maintenance for the propertyProperty #2:Purchase Date:: April 2022Mortgage Balance: $135,756Rate: 4.625%Mortgage payment including escrow: $1,375 (payment normally $1,059 but payment increased due to low balance on escrow because of tax increases)Purchase Price: $148,000Tax: $4,578Estimate to sell in today's market: $190,000- $210,000 based on current sales in the market this yearHOA: $100 monthly includes Water and building insurance and other maintenance for the propertyRent: $1,400 a month only water is included in rentProperty #3:Purchase Date:: February 2023Mortgage Balance: $118,518Rate: 5.99%Mortgage payment including escrow: $1,315 (taxes have gone up for this property as well)Purchase Price: $132,000Tax: $4,522Estimate to sell in today's market: $190,000- $210,000 based on current sales in the market this yearHOA: $100 monthly includes Water and building insurance and other maintenance for the propertyRent: $1,400 a month only water is included in rentProperty #4: (We were thinking of selling this and take profits but not sure to be honest)Purchase Date:: February 2024Mortgage Balance: $139,408Rate: 6.75%Mortgage payment including escrow: $1,332Purchase Price: $147,000Tax: $4,130Estimate to sell in today's market: $190,000- $210,000 based on current sales in the market this yearHOA: $100 monthly includes Water and building insurance and other maintenance for the propertyRent: $1,350 a month only water is included in rent

3 June 2024 | 20 replies
- I Co-Sign with the developer on an interest-only construction loan (ideally a "no payments" loan).- The developer acts as owner-builder-GC and is responsible for securing financing, managing all subs as well as overall Proj.

29 May 2024 | 2 replies
I want to set up for a 1031 of a set of apartments that are in a trust and put new apartments into an LLC.

31 May 2024 | 2 replies
Hi Brian,The key is to find someone you trust, which is why Irecommend using PropertyManagement Finder.