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23 February 2024 | 5 replies
@Josh Thomas most cities in Metro Detroit got so tired of OOS investors flaunting the rules via LLCs, as you are suggesting, that they now require someone to be liable that lives within 25 miles of the property - usually a person at a PMC.Most duplexes have a side door that both tenants can use to access basement.
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23 February 2024 | 1 reply
Suggest you search here on BP for PMCs in your area and reach out to them directly.
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23 February 2024 | 4 replies
@Harit Pat I also highly suggest teaming up with a broker who you'd want to build a relationship with and truly understands the ins and outs of different underwriting guidelines.
22 February 2024 | 2 replies
Regarding the sales codes you've encountered, "QC" indeed stands for Quit Claim Deed, which transfers the seller's interest in the property without any warranty regarding the title's validity.
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22 February 2024 | 9 replies
I have personally done both sides of things; ran PM biz grass-root's, and ran PM brokerage in a franchise system, a big BIG name one. 1 universal truth that stands in BOTH is your primary existence as a PM, franchisee or grass-root's, is that your a full-time "vanguard" of defending against the "WTF's" and in being a "Fire-Fighter" putting out the "fires" of the various "WTF's" that happen.
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23 February 2024 | 2 replies
Best, Brandon Thanks, Brandon, Good to know what you are suggesting.
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23 February 2024 | 1 reply
He has suggested for me to get on the property ladder I could give him 10% of what the property is worth to convert it from a 3 bed 3 bathroom house into a 2 bedroom 2 bathroom apartment and another 2 bed 1 bath apartment.
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22 February 2024 | 50 replies
ALE Solutions may or may not be a stand up company, but what about the family.
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22 February 2024 | 4 replies
Hi BiggerPockets Community, Does anyone have any suggestions/recommendations for landlord insurance companies in Virginia (Arlington)?
21 February 2024 | 7 replies
Then “oversaturation” happens and the only way to get your guests back is to improve your property so it stands out against the rest.