So I am updating all my information on REI from over 20 years ago since I last invested. Yikes 20 years!!!Here is a link to the Michigan Millage rates in case anyone is interested.https://www.michigan.gov/treasury/0,...
I am helping a local friend to analyze his first deal in Birmingham, AL.For some reason, or maybe because I am searching from out of state we can't find the following information:1) official website to check the curre...
Hey everyone,I'm in the learning phase of how to conquer my first house hack. After coming up with numerous ways to analyze a property, I realized that the one thing I'm truly unsure about is how to calculate property...
As one who had never heard of the 2% rule or 1% or any of the other terminology that floats around BP,, I just became aware of the 2% rule. I was talking with a fellow from Oregon who was lamenting that there are no 2...
Trying to figure out the best way to close this deal. It's a package of smaller mixed use properties in Newburgh NY. 8 buildings mostly brick 36 units. The gross income is close to 300k expenses 100k. Purchase pric...
Or are we going to see slow and steady 2-4% appreciation for the next 30 years like a "perfect economy"
Background:
I've always had an interest in owning rental property, but due to living in CA and my inexperience I had assumed it was only accessible to those with significant cash in the bank, so I figured it was som...
Hi,I was reading an article a few days ago that said 40% of Americans can't come up with $400 if they had an emergency. I couldn't believe almost half the country is that broke. The median household income is 60k, so ...
I’m just starting out. I’ve been reading like crazy, analyzing deals CONSTANTLY, driving neighborhoods, talking with my real estate agent, meeting with investors currently in my market (and other markets).But when I t...
Hi All, Quick question, when looking at Millage rates I see multiple category outside of Homestead, the CPP one seems to be lower so just wanted to make sure I was correctly using the Non-Homestead one.Intention is to...