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10 July 2024 | 10 replies
The interior is stuck in the 1980's but the condition of everything is still well-maintained.
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10 July 2024 | 6 replies
I'm in Livonia / Canton area and I haven't attended any Washtenaw County or Ann Arbor REIA events but I do attend the Oakland County REAI meeting in Troy as well as the Michigan REIA meetings in Troy and they are super helpful and if you sign up to get their emails you can check the topics in advance to make sure it's worth the trip for that meeting.They usually have really good speakers.
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10 July 2024 | 6 replies
@Jessica PerkinsTo make real estate a significant part of your retirement plan, leverage your experience in managing mid-term and short-term rentals, ensure your rental income is well-documented, research local market trends, and explore financing options.
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10 July 2024 | 5 replies
Obviously the majority of the money will stay in the fund and I’ll reinvest into opportunity zone property; however, I would like to take an owners withdrawal as well.
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9 July 2024 | 4 replies
Look into that route as well.
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9 July 2024 | 20 replies
I would hold off unless you find a deal that cash flows well.
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10 July 2024 | 4 replies
This should have come up in your fact finding when choosing to add the JADU (as well as their poor valuations)Note if the unit is only 2 units and you are abiding by the owner occupied rules of a JADU, AB1482 (statewide rent control) does not apply.
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10 July 2024 | 4 replies
Since it was a short sale, I would consider letting the private lender sue the entity first and you and him with the assumed guarantee as well.
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9 July 2024 | 5 replies
Well, now that excess cash is in PNC bank
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10 July 2024 | 31 replies
Cheap fix and makes the house so much more comfy year round -> lower turn over rate, and an average turn over costs us about 5k, so well worth to invest in your tenant's comfort.