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18 July 2024 | 40 replies
@Saeed Jassani appears you are not only comparing two different markets, but probably also two different asset classes.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.
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13 July 2024 | 8 replies
@Arlyssa WarnerAs mentioned a mobile home is not real estate - with it being in a community where they don’t own the land it’s the equivalent of buying a car.
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11 July 2024 | 8 replies
All together, things are far worse than this thread makes them appear, and honestly, I don't think I could summarize all of the impacts if I tried.
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14 July 2024 | 4 replies
Based on your message it appears this is very stressful and something you are not experienced in.
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14 July 2024 | 4 replies
I am no banker and there are people here that will certainly address your question better than I... but it appears you are blending real property and personal property and trying to bundle together into an LLC.
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15 July 2024 | 33 replies
It looks like they offer a variety of services, and I only appear to have access to valuations.
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14 July 2024 | 17 replies
Your current setup doesn't really keep your business and personal assets/dealings separate.To do so, you'd need to transfer those properties to an LLC you own or create a new one for that purpose.If there is a lawsuit, I'd imagine that your name, as the owner, would appear in the documents filled.Just my 2 cents, I am not an attorney, nor a CPA
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14 July 2024 | 15 replies
You may have heard Lake Michigan has risen six feet in the last ten years, then it dropped three feet recently, yet somehow this property appears unaffected: https://wcrz.com/the-worlds-largest-log-cabin-is-in-michigan...People love to point out rising levels but discount levels when they drop.
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13 July 2024 | 10 replies
It appears to just be a LARGE application fee?
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14 July 2024 | 16 replies
Roof appeared in great shape and was reported 3-5 years old, ended up being 16+ years old and needing replaced.