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15 March 2018 | 5 replies
And don't want to put in irrevocable trust as we may want to sell in the future.....The only other option I have found is to put house in partnership (wife and I) LLC's name on the basis of this is our "office" and tool/equipment storage for other rentals in a separate LLC (weak if it ever goes to court?)
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26 July 2018 | 3 replies
Some examples of tasks I'm looking to get done over the next few months:Install a new shelf and hanging rod in the walk-in closetPressure spray/clean some of the exterior stuccoChange the flapper valves in the toiletsFlush the water heaterAssemble a basic outdoor storage shedInstall new shower heads and a new kitchen sink faucetChange out the garbage disposalThank you in advance for any recommendations on people whom you trust.
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17 March 2018 | 4 replies
Mobile home park $1,750,000131 lots 86 occupies units: 1 sales office at 3718 Maple Grove Drive, 1 storage unit (converted home), 60 lot rental only homes, 2 park owned homes that are being rented, 15 park owned homes that have been seller-financed to qualified buyers and are owner-occupied and 4 park owned homes that are under renovation and getting ready to be sold or rented.* 45 vacant lots which have all dedicated utilities in place and are ready for homes to be placed on the lot.Tenants pay water & utilities & for yard maintenance.
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17 March 2018 | 3 replies
Single family home 4 Bed 3 Bath 1900 finished sq ft. 2 Car garage, 500 unfinished storage and laundry room.
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19 March 2018 | 6 replies
I'd also wonder what the costs were estimated to install things like insulation, kitchenette, removing/adding doors, etc would cost and how fast you could make up the initial investment in rents.Then of course you'd have to consider if your family will be able to handle giving up the storage space LOL
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20 March 2018 | 2 replies
Also, in the basement, our inspector found pipes coming from one of the foundation walls, which led him to believe that there could possibly be an underground storage tank.
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26 March 2018 | 12 replies
Some things that matter:location (neighborhood, safety, freeway access, parking)amenities (W/D, appliances, dishwasher, storage, garage, fireplace, AC, walk in closet, etc)number of bedrooms/bathrooms (layoutcondition (Is it clean, remodeled, dated, light and bright ...)Yard, privacy, balcony, One of the most important pieces affecting pricing is number of bedrooms.In short, spend some time checking comparables and then price accordingly.
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20 March 2018 | 4 replies
Clearly there's not enough storage.
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25 March 2018 | 13 replies
Essentially they become an investor in a larger property (multi-family, self storage, etc), receiving a preferred return every month with ZERO action required while still staying exposed to the real estate market.
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20 March 2018 | 16 replies
The 1% rule (and sometimes the 2% rule) was created for evaluating mobile home parks and storage facilities.