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26 October 2024 | 1 reply
Over all, a portfolio of DIVERSIFIED (as to residential areas) properties utilizing a buy and hold strategy should provide an adequate risk adjusted return without utilizing any other “opportunistic” strategies to “gig” the ROI.
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21 October 2024 | 2 replies
This question has come up a few times with prospective clients recently, so I thought I'd shed some light on it.Generally, being an employee in a real estate business does not automatically qualify you for REPS unless you own at least 5% of the employer.
28 October 2024 | 5 replies
To adjust your tenant screening criteria without any fair housing issues, it’s best to apply the new credit score requirement consistently from now on, treating all future applicants the same way.
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27 October 2024 | 3 replies
@Joseph HenryIt works the same on an adjustable rate mortgage - if you pay extra it reduces the principal balance
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29 October 2024 | 11 replies
The important thing is to adjust accordingly because there usually isn't an exactly identical rental property.The good thing about rentals is that you get feedback about your pricing quickly and can react accordingly.
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28 October 2024 | 6 replies
It is not uncommon for rates to rise this close to an election, then adjust back down right after.
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25 October 2024 | 22 replies
an owner can file a petition with the Rent Adjustment Program (RAP) to raise the rent due to “increased housing service costs” relating to ..."
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27 October 2024 | 5 replies
If not I will adjust my plans and continue this real estate journey.
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31 October 2024 | 17 replies
@Jamie Dupont we automatically send eviction notices for nonpayment, in Michigan, it's referred to as a 7-Day Notice.
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28 October 2024 | 12 replies
I used the same LLC for multiple properties and only changed it when I adjusted my strategy.