Mike H.
Quit claim deed question
1 February 2019 | 14 replies
Re: not paying taxes up front - I could be very wrong, but I was under the assumption that (at least here in Michigan) - property can be transferred from one owner to the next (family or not) even though there may be taxes owner (or any other liens) on the property using a quitclaim.
Cameron Riley
Have you ever self evicted a tenant by “ cash 4 keys” offer?
1 February 2019 | 54 replies
I think "Cash for keys" makes sense in some cases like gaining quick possession to end a foreclosure redemption period or to gain possession in order to deliver a vacant house a close of sale...but in a traditional landlord tenant relationship I use an attorney, go to court, get a writ for eviction.Start the process as soon as tenant is late (like the day after rent is due)....in Michigan we send 7 day notice for nonpayment (if nonpayment is the issue)Attorney takes it from there, Court date is usually within 10 days.
Cristian Mendez
Real Estate Guatemala
25 November 2020 | 5 replies
Mi nombre es Cristián Méndez y quiero crear un grupo de personas que invierten en bienes raíces en Guatemala para poder apoyarnos entre sí.
Lakota Tidd
Flipping homes in Western MI
13 February 2019 | 5 replies
@Lakota TiddWelcome Lakota, I'm a realtor in West Michigan also an Investor and I do alot of wholesaling.
Neal O.
50/50 Partnership Structure and LLCs
3 February 2019 | 6 replies
We both live in California and are planning to invest in Michigan.
Evan Smeenge
Excel Analysis - I can't seem to find the right numbers
1 February 2019 | 25 replies
But the average rent is as such and cannot be bolstered to a staggering level to try to make the numbers work.I'm from west michigan, I think I could do better in Multi-family properties there, seems the numbers and logical rent prices go together well.
Joe Maron
Self-employed underwriting: 25% rule "loophole"?
31 January 2019 | 5 replies
Below is a sample of what the the Michigan filing system looks like.
Daniel DiCosimo
FHA Vs. Home Possible
31 January 2019 | 1 reply
From what I gather, Home Possible beats FHA in regards to the MI premiums dropping after 22% equity is reached.