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17 May 2024 | 2 replies
And it's not just content, she keeps you accountable to take action (right-sized each week so it's not overwhelming), and to network with your peers in the program, as well as your circles outside of the program to establish yourself as an investor with integrity to attract quality private money lenders.Key highlights:* 6 weeks with 1 class per week, and some bonus classes - every minute of each class has been worth my time* engaged community members via Circle, many I know I'll stay in touch with* purposefully small group, allowing Soli to provide dedicated attention* having access to Soli - she reviews all posts and homework assignments with great care, and her feedback is SO valuabletools to CASE (Copy And Steal Everything) and systems to scale - ex. pitch deck, email templates, BRRRR analysis, and so much more* practicing your pitch at the end!
17 May 2024 | 5 replies
To top it off, once I get that information, I have to then set a dedicated timeframe to do all the pile of expenses.
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17 May 2024 | 8 replies
If you have one property nearby you might not need tracking software, I know some independent landlords that get 12 post dated checks and just mobile deposit them on the first of each month.
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18 May 2024 | 8 replies
By way of comparison, the same year I bought the lien on the 36 acres parcel of commercial land being discussed here at 16%, I bought a lien on a double wide mobile home affixed to a permanent foundation in some remote Arizona town, and I got that one at 0%.The bulk of the property is not in a flood zone.
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16 May 2024 | 7 replies
I know of two other landowners who own STRs that are interested for either dedicated tiny home “villages” or as ADUs to existing properties.
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20 May 2024 | 28 replies
If the property is not depreciable (IE the allocation of the purchase price to land), then it can escape ordinary treatment, but it also isn't depreciable.https://www.thetaxadviser.com/issues/2011/apr/casestudy-apr2...If you find a cost seg provider that legitimately carves out 60% of the purchase price of a building to short life property, let me know who it is My experience is more like 20-30% on average of the building basis from an architect based study unless it is something like a Hotel/Motel or Mobile Home / RV Park.
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16 May 2024 | 7 replies
Largely we aim for mobile home deals, we've ran into complications and obstacles when dealing with some of the agents so prefer to deal directly with the buyer & seller, but creating a relationship prior as you're recommending could alleviate that for sure.
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16 May 2024 | 8 replies
Easy platform to use on mobile devices and I also like that I can view applications before I ask for background checks.
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16 May 2024 | 24 replies
Thanks goes to our dedicated accountant, Daniel Barakat, who patiently listened and then taught me how to categorize transactions (I am in sales, not boring math for darn sakes).
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20 May 2024 | 121 replies
We have been thrilled with the upside potential of self-storage and mobile home parks and we've never looked back.