Joe OHara
Can the new HB182 law be used to eject prior owners?
14 January 2025 | 0 replies
Can the new HB 182 law be used to eject the prior owners of a property that the bank foreclosed on and did not remove from the house after the foreclose?
Abhishek Wahi
Question About Location: Plymouth Michigan
23 January 2025 | 4 replies
It's mostly Class A properties, a few Class B.You may find the below copy & paste info useful in addressing your question:----------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Nilusha Jayasinghe
Property reserves and personal efund locations
16 January 2025 | 12 replies
I know that the general guidance is that emergency funds aren't to be invested, but given our financial security and the fact that we already have a personal e-fund in a safe, non-volatile location, would it still be crazy/unwise to invest this 15k in an S&P500 index fund in a brokerage?
Jacob Riddle
im new and READY. located in flint
26 January 2025 | 5 replies
-------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Fulati Paerhati
What is the good location to buy a rental property for 250k cash ?
29 January 2025 | 41 replies
@Fulati PaerhatiRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Heidi Xu
2 bedrooms 1 bathroom condo in the convenient location of Rowland Heights
24 January 2025 | 0 replies
Purchase price: $275,000 Cash invested: $275,000About this homeBeautiful 2 bedrooms 1 bathroom condo in the convenient location of Rowland Heights, close to bus stop, supermarket, schools, shopping centers etc. newer counter top in kitchen and bathroom. 2 parking spaces and storage room.
Richard Benjamin Wilhite
How to Find "Cost" Basis for Inherited Land prior to 1031 Exchange?
19 January 2025 | 9 replies
You're right, I definitely do not want to force a bad deal just to avoid a relatively small amount in taxes.This morning, I spoke with the property assessor’s office in the county where my property is located.
Jared Mink
Evicting Tenants prior to or at purchase
6 January 2025 | 1 reply
I don't think I can ask the seller to evict prior to purchase, although that would be the best scenario.
Michael Braun
Billing tenant for damages prior to move-out
23 January 2025 | 3 replies
Hey all, first time landlord with ~3 months experience here.I brought a tenant in 3 months ago with an insurance company paying the rent (tenant's house is being repaired after a fire). For this post, the long story s...
Suzanne Chan
A 5000+ sqf Triplex located in the Tremont Area of Cleveland
15 January 2025 | 0 replies
A 5000+ sqf Triplex located in the Tremont Area of Cleveland.