
5 February 2025 | 5 replies
Let me do my best to break it down into bite sized chunks.1) Your property tax increase is going to be 2% of the original assessed amount that breaks down to be .024% of the purchase price.

23 January 2025 | 20 replies
We aren't trying to get them to invest in our deal, we aren't upselling useless seminars, and we aren't trying to become a massive sized group.

19 February 2025 | 57 replies
The amount of capital required from your savings to purchase multiple properties depends on the appreciation rates.

5 February 2025 | 11 replies
They say the average amount of water per day a person uses is 80 to 100 gallons , Lets call it 60 to be conservative .

30 January 2025 | 1 reply
If you switch to or stay with the custom tax settings, you'll need to update the amount of tax collected to 7.75% because the 9% city tax will be collected and remitted by law to the city on your behalf, but the 6% state and 1.75% county tax will be collected and sent to you to remit to the state and via Avenu to the county.

12 February 2025 | 12 replies
Converting a traditional IRA to a Roth triggers taxes on the converted amount, so plan accordingly.

2 February 2025 | 8 replies
You can view most existing I general and gather a tremendous amount of information.

6 February 2025 | 58 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

5 February 2025 | 29 replies
@Shiloh Lundahl,At this point, the amount of time you're putting into this is making me laugh.

30 January 2025 | 5 replies
Once the tenant moves out you are allowed to charge any amount you like.