Hi, I live on a 2.5 acre parcel of land behind a subdivision. My driveway is an easement that runs along the backyard border of 5 houses in this neighborhood. One of those 5 houses just went up for sale. While we are ...
Do you pay for upside potential when purchasing multifamily? Or should you only be paying for the NOI * Cap Rate?
My name is Maxwell. I'm 20 years old and work 40-65 hours a week. The whole school thing just didn't work out for me, but I fell into a job that I really like and think I'm pretty good at. At this point I still live w...
I want to establish a new LLC as a partnership between a couple of investors. There's a company name that we really like (let's say Classic Homes), but there's currently already one registered as an INC (i.e. Classic...
Ok, so I'm really liking the BRRRR strategy. I've been listening to podcasts and reading daily on the subject. However, as a wanna be investor, who was little money to invest, I'm struggling with the refi concept. Her...
If you have the option to paint or stain your kitchen cabinets in a rental, what do you do?Staining seems like less maintenance, while paint will be tougher to clean and could chip/scratch over time. Seems like staini...
I am wanting to build and Garage with an apartment above it at my home in Ypsilanti, MI. I was told that this is not allowed in Michigan by a friend. Just wondering if anyone knows if this is true or not? Any other...
Hello everyone! This is a unique, yet functional idea I have not seen yet and I want to hear your thoughts. As the STR market is changing, it is important to stand out. I was chatting about some ideas with my family m...
Hello All,I thought some would find this article interesting:http://www.mlive.com/news/ann-arbor/index.ssf/2015...I am curious to know how they will enforce the time limit on how long you can rent out a house (3 years...
Hi all! Short term rental really is amazing and I'd like to get one of those. I heard difficult rules about Airbnb in Vegas, and am curious if there's any one who's doing Airbnb! What are some of the things that I sho...