Sam Mathew
Title Company - Metro Detroit Michigan area
25 December 2022 | 5 replies
Or ATA National Title in Grosse Pointe Woods(Wayne county).
Carlos Silva
When do Rental Prices fall
8 January 2023 | 40 replies
Inflation has affected everybody and everything, and some companies are forced to raise wages to keep employees, and raised wages mean that more people can afford more rent.Therefore, I expect the demand to remain constant or increase in coming years.But remember, my prognostication abilities are no better than anyone else's.
Travis L.
Becoming a loan officer?? Just a thought I'm looking into
10 January 2023 | 4 replies
You are not an employee as a loan officer so you can work how many hours that you want to.
Aaron Mostoller
Heloc as a down payment ??
11 January 2023 | 16 replies
A little background on myself - I’m a 1099 employee, wife is W2.
Donovan Clock
Howell Michigan fix and flip
11 January 2023 | 1 reply
Purchase price: $80,000 Cash invested: $95,000 Sale price: $272,000 Contributors: Alexis Gross Biggest renovation we have done so far.
Chet Pat
Interest rate payment and tax deduction
11 January 2023 | 2 replies
Hi, I know you can deduct your interest rate payment (on your mortgage) from your Gross income.
Joe S.
Multiple Family has a high bar of entrance.
31 May 2020 | 49 replies
Numbers:PP - $550kDP - $65kSeller financing - $485k @5% interest, 20 yr Amtz, 5 year balloon Purchase cap rate - 13.5%Market cap rate - 8.5%Repairs to date - $150k ($80k funded by rents) Electrical, 1/2 plumbing, 3 units rebuilt, foundations, refresh of 4 other units, built laundry facilities in each building, long list of misc deferred maintenanceAt time of purchase,Gross - $116000Expenses - $42000NI - $74000One year later,Gross - $156000Expenses - $42000 NOI - $114,000Financing - $36912NI - $77088Present value - $1.2m?
Julius T.
SE coast of Florida for vacation rental
5 April 2016 | 8 replies
Some condo hotel programs let you self-manage your proerties, others stipulate a certain number of days that it must be placed in the condo hotel’s management program while taking a heft amount of the gross rentals (as much as 50%).
Luke Carl
It's not your cleaner, it's you.
23 August 2019 | 34 replies
Firing your most important employee is not a good system.