New year, new laws (Senate bills 205, 206 & 207).Effective January 2, 2025, Michigan landlords can no longer consider a tenant's source of income when screening them. 

When not assisting clients, I enjoy surfing, golfing, participating in community events, and staying abreast of the latest market trends to further enrich client consultations.                                                                                                                                                                                                                                                                                                                                                                                                                                                        

The property, though is not beach front, nor does it has ocean view, is just a short drive from some of the best beaches in the west, which are great for surfing, snorkeling, SCUBA diving.

The property, though is not beach front, nor does it has ocean view, is just a short drive from some of the best beaches in the west, which are great for surfing, snorkeling, SCUBA diving.In the 1.21 acres there is a main single family home (4 br) which was divided in two sections one of which is being rented.

FYI I do have plenty of reserves for my other units already, but would like to keep each property separate.My question is, where should I draw funds from to pay the least amount in penalties, taxes, loan interest, etc. from the following sources I have available:- 20 year 401k loan for a property- Sell a piece of my stock portfolio at 15% capital gains tax- Take a HELOC against an existing property- Private money loan from a trusted partner I have worked with beforeAlternatively, I could pool the reserves for all my properties to ensure I can cover anything immediate and know that I could always sell off a piece of my stock portfolio if needed and have the funds within 3 business days or set up a HELOC and only draw from it if needed.Appreciate any thoughts or what you have done in the past.

I'm data driven and would love to immerse myself in IL, AL, MC specific property, demographic and investor-centric data sources the same way I've done in my previous area of focus.

The only extra pay for guests is the surf-rider.

Ah yeah, they allow couch surfing style stays since that has been a thing there forever.

I will be obtaining half acre of family land this year. I would like to build a duplex on it for long term rental income. I am wondering if prefab or stick built would be the way to go. I'd love to hear anyone's exper...

The 10-year treasury is currently sitting at 4.62% as of 1/24/2025 up from 3.73% on 9/13/2024, reflecting a 23.8% increase over the last 4 months (Source).