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22 January 2019 | 6 replies
They are older vehicles with no payment and expenses are minimum.
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20 April 2021 | 6 replies
@Matt Olson restrictions on over night guests to avoid the typical girlfriend gets a lease and then a week later her boyfriend with an eviction and felony moves in.Utility transfer fines if they do not have them transferred by move in.Limit on the number of vehicles so you don’t have a junkyard in front of your propertyLimits on storage of items outside, on decks, balconies etc.It’s kind of like all the stickers you see when you buy a ladder, every warning sticker represents something someone did and got hurt.
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14 July 2019 | 8 replies
Terrell, you mentioned 1 truck - i'm due for a new vehicle and need to see whether i can/should put in the business.
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14 March 2021 | 9 replies
Traditional banks (like Huntington, Chemical bank, Wells fargo, Chase etc) and many smaller Credit Unions are also quite competitive.That is if you have a good credit score and have a SSN (as a US citizen/resident).For international investors who invest in Detroit there are a few options available.Property value should be a minimum 50K (appraised).If within 6 months of Purchase, then Purchase price will be the appraised value.Minimum Loan amount 200K (can be negotiated if it is within 15-20% variance max)Loan to Value ratio at 65 - 70%Interest Rates from 6.35% (higher the LTV higher the rate)Terms - 30 year (5 year amortisation)Required DSCR - 1.10 - 1.20I have been able to secure this lending for our Int'l Investors
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3 April 2023 | 10 replies
First time it's happened to meTenants have been in a single family home for 5 months into a 12 month lease. couple with a new baby.yesterday neighbor messaged me about several police vehicles at my property.
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9 September 2023 | 1 reply
That way only your residents will have access, avoiding a LOT of potential problems; you can better regulate the use of the spaces (vehicle parking only; no "living" space; no hazardous material storage); and you can inspect them yearly along with your unit inspections.
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21 September 2023 | 5 replies
I found a post on White Coat Investor about using multiple 401(k)s via a SoloK or some combination thereof with an employer 401(k) to allow one to defer more than $132k (I'm married) into retirement vehicles.
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21 September 2023 | 1 reply
I don’t want to spend too much time/gas/vehicle-wear-and-tear.
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20 September 2023 | 4 replies
Check with local air quality testing companies, or biohazard/chemical clean up specialists that could steer you in the right direction.
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19 July 2019 | 12 replies
We arrived at this point after MANY wasted hours reviewing video for something that didn’t even happen, or that happened elsewhere (vehicle damage, etc.).