We own a few rental properties in Michigan and have notes on each of them.
Currently we carry 1.5 million of liability coverage on each property (500K base, plus a 1 million dollar umbrella). We would like to put th...
Reading post I have seen many commenting on changing strategies in the current down market. How should one's strategy change between an up and a down market? Does a down market just provide more opportunities than in...
Can I be held liable, for her mistake of not notifying the utility company to take the utilities out of her name? I’m a new landlord and was very much taken advantage of by this tenant. TRUST ME I’ve learned a very ...
Hey, My name is Darryl and I'm from the west side of Detroit. New to BP and very excited I found this community. I worked for HUD for 7 years (mostly in Section 8) and after dealing with thousands of tenants and landl...
Advocates are trying to change the tax sale system in MD. potentially to a tax deed system. I would like information on as many tax deed states as possible. I am looking for information I can use to keep our system a...
YES you can! Here's how I did it from a high level:1. Acquisition: found four pretty decent deals - all non-residential commercial deals. These all came from scouring listings (i.e. finding mis-marketed deals), relati...
I bought my first deal in February 2019 and when the rehab is finally complete in 2 weeks, after a long story, I should be able to get a 15% BRRRR return, much less than originally anticipated, with a lot left in the ...
I'm new to the real estate game. I was wondering how to decide either to flip, or hold and rent a property? Is there a financial breaking point that determines this, or just personal preference? My thinking, for examp...
Hello all, I know interest rates are rising rapidly. I just got quoted a 7.25% for a cash out refi. My credit score is 780. Does this seem to align with what other people are seeing? It does seem to be a bit highThank...
I got my neighbours together for a land assembly 3 years ago.
We had a solid written offer from a local developer for 2.25 million + we could live in our houses rent free until they were demolished, likely 2 to 3 ye...