I find many listings in Detroit Metro suburbs that appear to have a 30% cash-on-cash rental value - e.g. $40K in a decent neighborhood with $1100/mo rental value.
I'm sure some of these require work that would reduce...
Hello All,So we just closed on a rental house yesterday, and one of our new tenants would like to renew his lease, which is up at the end of March (over 6 months away). He has lived there for 3.5 years, claims to pay...
Hello All, is it common for property management companies to block tenants from paying online after they have a bounced payment? Why would they do this? Wouldn’t this just result in tenants even missing more payments ...
Many of the online rent payment services do not automatically apply late fees to monthly rents. Because of that, one-time payment requests for the late fee must be manually added once the grace period has ended. Now t...
Hello, I had a tenant recently moved out of our rental property. She moved the same day her lease ended, by the lease rent is due on the 1st of each month $75 late fee and $5 for every day late after that. Is the depo...
Any one own a golf course? How are the returns lately? What are some tax advantages you are taking? What parts have depreciation besides the building?
One house, vacant for a good part of the year. (I'm guessing) my deduction would go further next year. Can I pay property taxes in January that are due now, then deduct them as well as next years that I will (plan to,...
The April 15th due date for filing and paying taxes has been automatically extended 90 days.
Individuals can defer up to $1 million of tax liability and corporations get an extension on up to $10 million. Late filin...
On average how much direct mail do you guys mail monthly? average pnet income monthly?
We are under contract with our first property and will be using a management company. We are out of state with the property being in Georgia and will be getting an 8% fee. I have a few questions on other portion of t...