What is an escrow account? How do they work?

If you are looking at obtaining a mortgage or already have one, more than likely you will need to deal with an escrow account.  It can be difficult to understand the timing and moving piece within the escrow account.  Inevitably, if you have an escrow account your mortgage payment will change each year.  Understanding how... Read More

Understanding Property Tax Increases

Many home buyers have been facing a very challenging market over the past few years. The current supply of homes on the market just can’t keep up with the huge demand out there. It’s not uncommon for a home to come on the market and be sold in a matter of days after receiving multiple... Read More

2018 Real Life Property Tax Appeal – Michigan

Its that time of year!  Property tax assessment notices are arriving in homeowners mailboxes all over Michigan.  This is your once a year opportunity to appeal your property taxes and potentially save a lot of money.  The appeal process can be overwhelming for homeowners so I wanted to break it down and give a real... Read More

Tax Deductions for Home Owners

Jeremy Drobeck of Amerifirst Home Mortgage meets with tax expert Dennis Greenfield to help people learn about some of the benefit's to home ownership. Having the ability to take the mortgage interest deduction can in turn open up a whole bunch of other write-offs. Things such as state & local taxes that were paid, property taxes, charitable... Read More

How To Dispute Property Taxes in Michigan part 2 – The Board of review

Last time we talked about why you might dispute your property taxes. Now learn HOW! Step 1 - File with the board of review Form L-4035 Step 2 - Appeal in person if at all possible (you only get a small window each year and will need to set that up in February. Don't miss it)... Read More

Property Taxes: Tax Tribunal part 3

What Do You Do When The Board Of Review Says "NO!"? Here are a couple Pointers: In my experience the Board of Review almost shoots you down, but the appeal process at the State Tax Tribunal has a reasonable non-bias person there to look at your appeal - GO TO the Tax Tribunal! Don't be... Read More

Fighting your property taxes and assessed values

Thinking your paying too much in property taxes? You might be! I look up a lot of property taxes and find that most homes are selling for less than what the local assessors are saying they are worth. Perfect example would be a home I bought for $25,000, the home was NOT a forclosure and... Read More

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Buying and Financing Rental Property 2022 Event

July 2022 Lunch & Learn Event and Webinar for Realtors and Investors

Working with home buyers searching for a new primary residence is a totally different game compared to working with investors and rental property.  Sure, there are similarities, but what want-to-be home owners care about is different than what an investor cares about.  Frankly, for an investor, it’s all about the money and it should be.  When someone purchases a rental property they are essentially running a business.  If we can help them run a successful business and turn a profit they will likely come back and buy more properties.

There are lots of want-to-be investors out there and the hardest part is getting started.  We are going to help unravel the maze.  We will also look at long term planning.  Often just knowing what needs to happen to acquire the next property and the next one after that is one of the keys to success.  Owning rental property can be a great way to build wealth and we are here to help.

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