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24 April 2024 | 49 replies
Montgomery is situated right in between the major cities of Atlanta, Birmingham, Mobile and the pristine beaches of the Gulf Coast.
20 April 2024 | 2 replies
Do manufactured/mobile home dealers provide seller financing option to buyers?
21 April 2024 | 29 replies
Ask if the GC has any employees (or dedicated crews).
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21 April 2024 | 8 replies
While this may exempt it from being classified as a rental activity, active participation remains a requirement, necessitating compliance with three tests: spending 500 hours on the property, dedicating at least 100 hours (and more than any other participant), and performing all the necessary work needed.Additionally, long-term viability and consideration of depreciation recapture are important concerns.
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21 April 2024 | 6 replies
You need someone who clicks with you personally before engaging in a mentor/mentee relationship with the dedication and stress that may be involved.Where to find a mentorStart by looking within your existing network.
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20 April 2024 | 0 replies
(I can just do more tIRA withdrawals to tweek AGI to suit)2.) 5 yr carry forward of excess deductions - (could use to draw down ~$800k tIRA BEFORE RMD or more Roth rolls)Situation: Very desirable but very hard to sell income property (older (1979) small, low value Mobile home,(home = ~1/6th the value of property - Banks don't lend with that ratio) Beautiful acreage, (3) large shops, pond, barns, Very livable cabin (knotty pine!)
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20 April 2024 | 2 replies
21st century mobile home mortgage How did you add value to the deal?
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21 April 2024 | 17 replies
If there are two parking spaces, they should be labeled so each tenant has a dedicated space.
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18 April 2024 | 5 replies
Does anyone know of a reliable mobile home investor/wholesaler?
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19 April 2024 | 3 replies
Qualification Tests Overview:50% Test: Real estate professionals must dedicate over half of their annual working time to a "real property trade or business."