New tax law – new strategies.

Standard deduction – way up. Itemized deductions – far less valuable. Misc employee exps – gone. State/local & property taxes capped at $10k total. Planning point: move expenses to other places or eliminate them because they have less/no value. LLC’s, S-Corps, Partnerships enjoy new 20% deduction. Planning point: How you hold your property investments can … More New tax law – new strategies.

‘Short Sale’

Short sale? – buyers beware!! Meet & Discuss Further <|> Share Your Wish List easy, quick, predictable, a sure possibility of condition of property or title history, etc. NOT  In fact, here are some excerpts from a disclosure for buyers. I think it says it best: ‘…. If you will be frustrated beyond the savings … More ‘Short Sale’

Value: Assessed, Market, ‘Zillow’, Taxable

That’s an ‘uuugly house’. It was my 2nd investment & I was a 20 y.o. junior in college. It was also the highest ROI realty investment I ever had! Market Value = house specific, current, based mainly on aesthetic appeal (new kitchen, wonderful yard, location, etc.) Assessed Value = neighborhood average, historical (old), based mainly … More Value: Assessed, Market, ‘Zillow’, Taxable

Like Chip & Joanna Gaines of Fixer Upper, remember to seek wise counsel.

Investing in property ? Like Chip & Joanna Gaines of Fixer Upper, I recommend you seek wise counsel ‘and all these things shall be added unto you’ says Biblical scripture. When there is more that 1 person as part of the buyer / seller / ownership  package, I take just as seriously the ‘non-financial aspects’ … More Like Chip & Joanna Gaines of Fixer Upper, remember to seek wise counsel.

Surprise! Detroit among the best housing markets to invest in

  Home prices in those areas fell about 40 percent on average from their highs, peak to trough, Rood said. And inventories are the tightest in Detroit compared with the other cities listed in Rood’s top five. Detroit only has two months of inventory available for sale, while there’s about seven months of inventory in … More Surprise! Detroit among the best housing markets to invest in

Flipping profits more than triple from 2012

Here’s the bullet points: Flipping is risky business. Just two years ago during the January-to-June period, flippers lost an average of $13,206 per home. Last year they turned an average profit of just $5,321. And although flipping continues to increase in the nation as a whole, activity dried up along with the bargains in 32 … More Flipping profits more than triple from 2012

Institutional buyers are buying distressed properties,…gigantic hoards

……If you think rapidly rising home prices is a good trend, you might want to think again. ………….Institutional buyers are beating owner-occupied traditional home buyers to the market. With gigantic hoards of cash at their disposal they are buying distressed properties, mostly those in foreclosure or through lender facilitated short sales, one at a time … More Institutional buyers are buying distressed properties,…gigantic hoards

10 Rental Home package coming to market

Not formally listed/ not in MLS, here’s a ready to go set of rental homes in good condition with a long history of care and occupancy. Contact for showing and cash flow information. REAL ESTATE DEPRECIATION Acquired Rented for: Taxes yr.mo FLINT ADDRESS RENTAL Portfolio —— —— 149 Linsey Flint Aug-87 3368 Springvalley o/s Apr-88 … More 10 Rental Home package coming to market