28 August 2021 | 7 replies
Larger homes, I'd explore central AC especially if you plan to flip or buy and hold.
6 September 2021 | 1 reply
Your first choice should be to find a CPA that specializes in real estate taxation and one that is local.
31 August 2021 | 12 replies
@Jeff T.Thanks Jeff, I have a much better cashflow (if not I at least break even) when I am here as I live in a much larger unit with extra rooms that I can rent with additional cash flow but I think renting my entire unit alone would be very challenging as there will not be many prospective tenants that will need so much space (6 beds and 3 ba )and willing to shell additional rent .
31 August 2021 | 2 replies
@Steve Vaughan I was in a zoom meeting with a BP member yesterday and I brought up the Lease to own question, you both agree on the seller financing approach and that's definitely the most logical.As for my IRA, it's a traditional IRA which I had for just over 5 years and considered pulling the money out and investing it into real estate for a larger return and to put "skin in the game" to jump start my business.
19 November 2021 | 8 replies
Do do you think medium/larger multi-family is a feasible strategy here in Detroit?
31 August 2021 | 41 replies
@Kar SunThere’s nothing wrong with you judging a book by it’s cover, that is your choice.
23 September 2021 | 19 replies
I am not sure how I feel about the various ADU rules (or SB9) (I have mixed feelings - I like them as an RE investor and hate them as it takes choice away for lower density areas), but if I was a law maker I would explicitly state a penalty for a jurisdiction collecting fees against the bill's direction.
7 September 2021 | 8 replies
So for a 1031, you keep upgrading to larger properties each time.
29 August 2021 | 1 reply
My long term goals are to utilize the BRRRR method to build my portfolio out of state (Arizona is currently a bit too hot, pun intended), and eventually move into larger deals.
12 September 2021 | 10 replies
- Also, good choice in degrees - something practical.Talk to us a little more about the job you are looking for and why?