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17 November 2024 | 30 replies
Actively marketing the property and handling tenant relationsCost Segregation: allows you to accelerate depreciation by breaking down the property into different components, such as personal property (appliances, carpeting, etc.) and land improvements (landscaping, parking lots, etc.), which can be depreciated over a shorter period typically 5, 7, or 15 years rather than 27.5.
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8 November 2024 | 2 replies
HUD is changing its inspection criteria from Housing Quality Standards (HQS) to National Standards of Inspections and Real Estate (NSPIRE).
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13 November 2024 | 34 replies
One example is a had a client renting and working in Miami but wanted to purchase a rental in Orlando near the parks.
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7 November 2024 | 22 replies
The park is out state and my partner owns two other parks in the state.
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19 November 2024 | 111 replies
The problem is a gun just like any external weapon can give the person carrying it the false sense of superiority.It amazes how many people practice with a gun yet a gun is not allowed in a ton of places nationally.
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14 November 2024 | 30 replies
Get on VRBO and AirBNB and check all these areas to see what's what.For example, here is a pretty cool place up in the Boise National Forest near Yellowpine - https://www.realtor.com/realestateandhomes-detail/M974361023...$260k but it needs a bit of updating.
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7 November 2024 | 9 replies
Don't forget to factor in an additional parking space for Brampton, and furnace dampers (most municipalities won't require either of these so it's I'd say mostly a Brampton specific thing).I think one reason rents are/were so high is the amount of students.
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7 November 2024 | 7 replies
You may have seen my other posts in here related to a small mobile home park with 1 ranch home and 5 mobile homes.I have been waiting on the information regarding the septic design of this property for months.
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9 November 2024 | 2 replies
If it is a trailer park I would not expect significant growth in the coming future to give you my 2 cents.
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9 November 2024 | 23 replies
My Partners and I have been buying Brooklyn small multi's (2 to 4 Unit buildings) since 1998.We currently own 9 of these buildings in various neighborhoods including Clinton Hill, Bed-Stuy, Windsor Terrace and Ditmas Park.Total Assets would be somewhere between $15 and $20 Million in the portfolio.Every since we bought the first property, which was in Ditmas Park for $340k in 1998, everyone told me it was crazy.I continue to hear how crazy I am to continue to buy every one or two years since 1998.That $340k Property in Ditmas Park is worth $2 Million today.