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17 February 2025 | 10 replies
If you're considering mobile homes, the first step is checking zoning laws and utility access since some areas have restrictions.For resources, Mobile Home University is a well-known starting point, and local mobile home dealers can offer insights on placement and financing.If mobile homes are allowed, you could either rent them yourself for higher returns but more management or rent out the lots for steady cash flow with less work.
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6 February 2025 | 7 replies
You can purchase them through a local dealer that has a good track record in the community.At this time our cleaners take care of the hot tub, but I will say if you have a certified hot tub company that can come weekly, I would definitely go that route!
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14 January 2025 | 4 replies
.: Quote from @Matthew Irish-Jones: Buffalo is a good market to invest long term if you get a good property, on a good street, in good condition.
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18 February 2025 | 4 replies
I own two Versity/Crew properties and have similar frustrations and experiences with them AND the broker/dealers who handled my transactions.
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22 January 2025 | 3 replies
FYI, I'm also a modular dealer so you have no idea what I messaged her about.
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18 February 2025 | 70 replies
Quote from @Matthew Irish-Jones: Quote from @Jay Hinrichs: Quote from @Kevin Mohr: I spoke with them about their VIP program out of curiosity.
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28 January 2025 | 20 replies
Real estate transactions, especially flips, come with specific tax implications such as the potential for dealer classification, short-term capital gains, and cost allocation for renovations, which can significantly impact your tax liability.
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13 January 2025 | 25 replies
Quote from @Matthew Irish-Jones: Quote from @Scott Trench: Welcome to BiggerPockets, Rebecca!
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22 January 2025 | 12 replies
I feel like I've dealt with every time crazy situation there is here in Chicago with squatters, evictions, drug dealers, etc., and I still love Cook County because I have a solid team and underwrite deals properly.I think @Paul De Luca nailed it on the head, though - it seems like you are quite risk-adverse, so maybe given your risk tolerance, it's not the best idea, but if it were me, I would not think twice about it, and find a rock start property manager who knows exactly how to vet tenants.
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7 January 2025 | 19 replies
Unkempt lawns, trashy or broken down vehicles, mattresses and trash on empty lots, boarded up houses, bars on windows, dealers and hookers on the corners, the lack of stores or gas stations, occupied properties are dilapidated, etc.Or when Google maps shows stuff like this: