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7 March 2024 | 2 replies
This will include CPAs, lawyers, Realtors, contractors, property managers, and financial advisors.
5 March 2024 | 0 replies
Soon to be 5 bedrooms, 5 bathrooms, 3,822 finished square feet.
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7 March 2024 | 15 replies
Alternative options include a cash purchase, requiring significant upfront capital, or a hard money loan with higher interest rates.
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7 March 2024 | 14 replies
The owner reports gross rents of $2750/month (this includes the home plus lot rent).
7 March 2024 | 14 replies
When you list your properties, you can include in the listing that you're willing to accept Section 8 applicants.
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6 March 2024 | 8 replies
This includes properties with a single-family residence built prior to this date and a second dwelling unit (e.g., main dwelling, ADU, or JADU).
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7 March 2024 | 5 replies
We agreed on a section 8 tenant stabilization plan, and after their first full month of taking over, here's how we're doing: Total Properties: 11Total Rent To Collect: $10,240Historically, under Own It Detroit (Mutual Property Management) -- monthly totals of rent collected on the first and before the 5th was typically $1200 LogicPM has inherited tenants who for the past 6-8 months were told as long as payments come in before the end of the month, partial payments included, you're okay.
7 March 2024 | 8 replies
How does the property do if you use 50% of rent as expenses not including P&I?
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7 March 2024 | 4 replies
Including a contingency in the first 3 days after the contract is accepted is a good idea especially if there are tenants.
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7 March 2024 | 2 replies
If you're worried about break-ins, then you need to secure it.We give our clients several options, including removing & storing the mechanicals to avoid theft.Also, check with your municipality to see if they have any requirements.