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All Forum Posts by: Shane Waller

Shane Waller has started 11 posts and replied 35 times.

Post: What is capital gains tax on selling in NC.

Shane WallerPosted
  • Real Estate Investor
  • Nashville, NC
  • Posts 37
  • Votes 6

A 1031 sounds great as I would be reinvesting into anoter property. I will look more into it, has anyone done this with residential propery?

Post: What is capital gains tax on selling in NC.

Shane WallerPosted
  • Real Estate Investor
  • Nashville, NC
  • Posts 37
  • Votes 6

Just thinking about selling a rental property  that I have owned for 3 years, and wanted to know what capital gains would be on the sale?  Want to raise some Capital for other projects.

Post: Feasible to purchase mobile in a park?

Shane WallerPosted
  • Real Estate Investor
  • Nashville, NC
  • Posts 37
  • Votes 6
I have a few double wides on there own property, but have never really thought about buying one in someone's park. Would it be feasible to do so. In a good area local beach about 8 miles away? 280 lot rent?

Post: I have a chance to buy??

Shane WallerPosted
  • Real Estate Investor
  • Nashville, NC
  • Posts 37
  • Votes 6
Thanks Racheal i really would like to buy a place a the beach. Just don't want buy at a park and then they decide to sale to a developer. Would have no problem renting just high lot rent.

Post: I have a chance to buy??

Shane WallerPosted
  • Real Estate Investor
  • Nashville, NC
  • Posts 37
  • Votes 6
Thanks Dawn I really would like to buy a place a the beach. Just don't want buy at a park and then they decide to sale to a developer. Would have no problem renting just high lot rent.

Post: How to make your Real Estate Goals, Maps to where you want to be.

Shane WallerPosted
  • Real Estate Investor
  • Nashville, NC
  • Posts 37
  • Votes 6

Just looking at how others may set up the road map to where they want to be? Just been hearing it a lot on this site and wanted to hear others plans for navigating to there  destination in Real Estate.

Post: I have a chance to buy??

Shane WallerPosted
  • Real Estate Investor
  • Nashville, NC
  • Posts 37
  • Votes 6

I looked at it and it seems a bit rough.  Don't know that I am going to mess with it.  I see some potintial but I think I will wait it out on this one. I got a chance to talk to the neibor and he gave me a little insite. He said he didn't think the heat work?  If I could get it for the right price I would but I don't think it is priced right.  Will talk to owner more about that this week. Thanks

Post: Mobile home purchases in Eastern NC

Shane WallerPosted
  • Real Estate Investor
  • Nashville, NC
  • Posts 37
  • Votes 6

Good thought Bob. Thanks for the input I will let you know what happens?

Post: I have a chance to buy??

Shane WallerPosted
  • Real Estate Investor
  • Nashville, NC
  • Posts 37
  • Votes 6

It's a single wide mobile home mid 80's, it is on it own land not rented land. Half acre maybe.  Rents for $475,  they are asking 16k prob take less?  Do you think is worth it prob get money back in a few years? Currently $5700 per year its bringing in minus tax etc. I could always later on down the road pull it out an replace it with a newer one? Any suggestions, do and dont's. Thanks Shane

Post: Newbie from Nashville NC

Shane WallerPosted
  • Real Estate Investor
  • Nashville, NC
  • Posts 37
  • Votes 6

I have listened to several and have enjoyed. thanks.