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After some analysis, I've decided to invest in Detroit suburbs (Warren/Sterling Heights) or possibly further out (Grand Rapids/Ann Arbor). I will be buying and holding from out of state, but I do want to visit now and...
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Ladies and Gentlemen, I need some feedback. I need some knowledge. I would like to know what’s next? Has anyone else dealt with issues like these before? Property is a 3plex. Non rent control area. Se...
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What do you think about investing in mobile homes? I hear its really easier than wholesaling. I am getting really frustrated with the wholesaling thing!! All the mailings and non motivated sellers.
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I think I may have posted this earlier in the wrong location.. Sorry
Ok, I have been reading about seller/owner financing and still I am a little confused. I am in a scenario where the seller owns the propert...
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1. If I offer a tenant $500 cash for keys, do I also give them the security deposit even though I don't have rent late into the month?2. When exactly does one offer this? If grace period ends on 5th of month, sending ...
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Hello! I'm a new investor getting started with BRRRR in the Detroit area. I thought I had found a couple lenders who would do fix and flip loans with new investors. However these lenders still require an appraisal, co...
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Can someone help me with some legal wording for our lease regarding discount for on time payments. We are charging no late fees, but if they are on time, giving a discount. We are upping the rent by $50 and then givin...
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Owner is selling because she is up in age and wants to retire. Sale Price $25,000Closing cost $2,000Total Acquisition $27,000It is currently occupied with tenant. Tenant exceeds...
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http://business.ftc.gov/documents/bus49-using-consumer-reports-what-landlords-need-know
Hey everyone,
So I read this online today, and am wondering if others are properly following the law when screening tenants? I...
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Hi All,My significant other and I recently bought a duplex with the intention of house hacking back in August of this year. We knew that the unit we were going to occupy needed significant renovations. After interview...