All Forum Posts by: Nick M.
Nick M. has started 19 posts and replied 70 times.
Post: Eviction notice template

- Real Estate Investor
- Sterling Heights, MI
- Posts 70
- Votes 14
Thank you very much for your time to describe the steps involved in getting the tenant's attention and on how to go about the eviction process.
There is a lot of reading I still need to do and get some help from a professional.
I looked online and came across the "Demand for Possession Nonpayment of rent" form - a standard form for Michigan.
Post: Eviction notice template

- Real Estate Investor
- Sterling Heights, MI
- Posts 70
- Votes 14
Hello, one of my tenants has not paid for two weeks now and I suspect he is trying to see how long he can stay before he gets more attention. I never had to do this in the past but see myself forced this time. Is there an eviction notice template out there? any suggestions ? I am in Michigan.
Any help is appreciated as I am going through this for the first time.
Thank you,
Post: Prospective tenant income verification question

- Real Estate Investor
- Sterling Heights, MI
- Posts 70
- Votes 14
Thanks for your thoughts;
Post: Prospective tenant income verification question

- Real Estate Investor
- Sterling Heights, MI
- Posts 70
- Votes 14
Merry Christmas to everyone!
I am in the process of renting out a home and want verify the income for this couple that applied for it. My question is: am I legally allowed to do that and how do I go about it? Do I call the employer and ask for the human resources department?
Thanks in advance;[b]
Post: Real Estate Association in SE Michigan

- Real Estate Investor
- Sterling Heights, MI
- Posts 70
- Votes 14
Originally posted by Wendy Patton:
Thanks Wendy for the info. I look forward to meeting you and the group and learning from you.
Post: Your first deal

- Real Estate Investor
- Sterling Heights, MI
- Posts 70
- Votes 14
Bought the house next door to me 2/1 for 15K. Put another $13K in rehab and rented for $825/month. Since then, (4 months) I have been looking for another deal but got outbid on all of my offers and looking for ways to buy my next property. MLS seems to not be the ideal place to find deals but don't know any other places to look for deals ... any thoughts are appreciated
Post: What to do next, hit a wall...

- Real Estate Investor
- Sterling Heights, MI
- Posts 70
- Votes 14
So, I see most everyone agrees that MLS is not the ideal way to find deals and I, myself have been looking at MLS houses but haven't found any good deals.
My question is: what are other ways to find good deals? Where does one have to look/research to find a deal ?
I did get lucky on my first (and only so far) rental property. It was listed on the MLS but since the house was right next door to me, I knew it was coming up for sale and went in the first day, made an offer and got it. There were multiple offers in the first day but I still got an awesome deal (maybe the needle i the haystack).
So, again, my question is: where do the successful investors look for the good deals?
Post: How to deduct personal labor as an expense for a rental?

- Real Estate Investor
- Sterling Heights, MI
- Posts 70
- Votes 14
J. Scott : thanks.
by the way I wisited your site a while back and am very impressed with what you are doing and how the "after" pics look. Nice work.
Post: How to deduct personal labor as an expense for a rental?

- Real Estate Investor
- Sterling Heights, MI
- Posts 70
- Votes 14
Brian, please excuse my lack of knowkedge but can you please explain why an attorney and not an accountant is the person to help determine what entity to set up.
thank you.
Post: How to deduct personal labor as an expense for a rental?

- Real Estate Investor
- Sterling Heights, MI
- Posts 70
- Votes 14
Thanks for your recommendation to form an LLC and have it taxed as an S-Corp. This is all great infor (ammo) for me to have when talking to an accountant to help me set up the right entity.