Augusta Owens
Planning my process
9 January 2025 | 5 replies
You could use a HELOC, but with VA loans you have an allotment so you can get loans on more than one home depending on how much bandwidth they give you.
Gregory Schwartz
What is a good occupancy rate for MTR
9 January 2025 | 8 replies
I think this question is dependent upon location.
Anita Z.
Real Estate Investor Tax write-offs
10 January 2025 | 16 replies
Also, you don’t need a business license just to look at properties, but if you buy a bigger property, like a multi-family unit, you might need a certificate of occupancy, depending on the local rules.For business trips, most expenses can be deductible, but if it’s part personal and part business, you can only deduct the business portion.
Michael Ewers
Marketing Strategy Off Market Leads
12 January 2025 | 21 replies
You'll get differing amounts and qualities of leads depending on the type of marketing, but also depending on who you're marketing to and where.
Greg P.
Getting Started. How & What would you do with $750k? Suggestions?
30 January 2025 | 48 replies
The right strategy for you is going to depend on a few things, like your risk tolerance and how much cash flow you need to hit your goals.
Nevin Wilkie
Where to find Owner Phone Number for Run Down or Abandon Properties?
21 January 2025 | 8 replies
Depending on the volume you would be submitting, find a company that does not have high monthly minimums and can walk you through the process if this is your first time using.
Janine Sharma
1099 or W2 for onsite MHP property manager?
12 January 2025 | 7 replies
@Janine Sharma The decision to classify your onsite mobile home park property manager as a W-2 employee or a 1099 contractor depends on the degree of control you have over their work.
Melanie Baldridge
Did you know this about Gas Stations?
14 January 2025 | 2 replies
The tax advantages of buying/holding gas stations are pretty great.Many of the components of gas stations including pumps, tanks, external parking areas, and other equipment are classified as either 5 or 15 year property so you can bonus depreciate a lot of it (minus the land value) and get significant deductions in year 1.With the 2025 bonus depreciation rate at 40%, a $1 million gas station acquisition could still lead to $100K+ in year 1 deductions depending on the specifics of your deal.
Jim Stanley
Worth it to use insurance for a repair.
23 January 2025 | 9 replies
As others have said, insurance will most likely not be worth it depending on your deductible.
Jerryian Francois
CA N I US E A 203 K To Fund A Rehab In
30 January 2025 | 8 replies
An FHA 203(k) loan is definitely one route, but there are other ways to make it happen that might even work better depending on your situation:1.Private or Hard Money Loans: These could be a good option if you want flexibility.