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17 June 2024 | 10 replies
Considering this, how would you be able to handle the potential objection of the bottom unit tenant complaining about AC/heating since it's likely that the main unit tenant will have access to the thermostat?
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21 June 2024 | 33 replies
If they had instead used the money to get started, with personal research and due diligence, they would be lightyears ahead.Maybe I should start a YT channel.
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19 June 2024 | 2 replies
If you tell them you're a landlord and you own the property but aren't living in it, they should be able to quote you for liability, the house, and a much smaller amount of personal property (appliances like your fridge or stove)
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19 June 2024 | 6 replies
Hello Mike, thank you for the reply, you are the right person to listen to.
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17 June 2024 | 12 replies
Find a discount realtor that would handle a “done deal” for 1% and just save most of the money?
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19 June 2024 | 4 replies
It's not a great time to refi if you wanted the equity from it, but it sounds like you are going to trade this house to do the same thing again so why not keep it and do the same thing again since you are thinking you might need to go big on your personal residence next?
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19 June 2024 | 11 replies
Personally, I think the taxes are high and the services you get for your taxes low there.I know people that invest in Detroit but you must know the area down to the street and have excellent property management.However, I just talked to my CPA today about a referral he was sending me who is a client of his that has 30 rental properties in Detroit and selling them all because the City doesn't really help, charges for everything, and they never have given a security deposit back to a tenant after they stayed because of their behavior or lack of payment.
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18 June 2024 | 9 replies
Thank youStaton As long as it was advertised and available to rent you can deduct it.The only exception is if you had personal use above 14 days in that year.
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17 June 2024 | 8 replies
"Blocking the market" only occurs in the commerical insurance world - not personal lines.2.
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18 June 2024 | 10 replies
Personally I wouldn't use Zillow, I can only imagine they want to introduce a future fee for the service.