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13 November 2024 | 8 replies
In my market you can get an additional unit for each affordable rent unit.
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14 November 2024 | 1 reply
If I assume the IHDA soft loans, am I subject to the additional "HOME" compliance requirements?
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12 November 2024 | 2 replies
Get detailed quotes on these to ensure it’s cost-effective.Zoning & Permits: Verify that your current property allows additional homes and meets zoning requirements for multiple units.Rental Demand & ROI: Assess demand for singlewide rentals in your area to confirm it’ll be profitable after all expenses.If everything checks out, these could be solid additions to your portfolio.
12 November 2024 | 0 replies
I would greatly appreciate your input on this matter.Here is my setupPurchased property under a TrustLLC in FL owns the TrustHolding company LLC in WY owns LLC in FLI purchased the property sub-to, took over the seller's mortgage and I’m working on setting up insurance for the property.I understand I need to keep the seller as additionally insured in my insurance, but the seller no longer has "interest" (ownership) either in the Trust, nor any of the LLCs nor in the Deed nor Settlement Statement.
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12 November 2024 | 5 replies
@Anthony Britto Additional Dwelling Units are now by right in RI.
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13 November 2024 | 6 replies
We have thought about putting in additional mobile homes, but decided we would just keep the additional sites for RV's.
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14 November 2024 | 25 replies
.- Pro's: Additional functionalities, such as tracking maintenance, automated bookkeeping, screening reports, etc.
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14 November 2024 | 8 replies
Now that I'm ready to rent two additional units, I feel I already understand the software.
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14 November 2024 | 5 replies
@Nold R.In addition to the great post from Dave, possibly consider an option where the property is taken out of the LLC sooner rather than later and held as tenants-in-common prior to the sale, possibly setting you up in a position to take your share of the proceeds and individually purchase a replacement property via 1031 exchange.
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14 November 2024 | 11 replies
It's an investment into the property, and if/when they move out or even if they're there you can now add a traditional dryer to the property and collect additional rent.