John Jacobs
Actual Cash Value versus Full Repair Cost
20 January 2025 | 5 replies
Many lenders won't allow actual cash value or ACV.Repair cost or replacement cost?
Anderson S.
Stop Overpaying Taxes! 5 Insider Tips for Real Estate Investors
10 January 2025 | 2 replies
I'm just here to note that an LLC does not offer a single tax benefit, nor does it allow any deductions that aren't allowed without an LLC.
Ram Gonzales
Creating a debt fund for owner finance strategy
15 January 2025 | 29 replies
Pooling the funds together allows me to maximize every investor dollar and minimize idle cash.
Abraham Garza
1acre with 4 manufactured homes for rent is it a good deal? Newbie
21 January 2025 | 1 reply
I recently came across 1 acre asking for 314k in a very good residential and growing location, so the current owner has added 4 manufactured homes with 4 electrical meters, 4 septic tanks and only 1 water meter for all 4 homes, the homes are sitting on partial slab and partial pier & beam, he also added 2 storage sheds approx. 380sqft with the intention to make them ADUs they are still only the shell so I would have to get those ready to live in, so currently the 4 manufactured homes are being rented and bringing in 2800k a month, 3 of the homes are needing some TLC which could increment rents and possibly get me at 3600k a month, also being a 1ac lot this still leaves about 12,000sqft of raw land where you could build etc.So that is on the good side now the things I did not like so much, the lay out is poorly executed to where it makes it looked crammed up and not professional but it could be fixed.Another is that in reality there is only 4 livable units so that qualifies under a conventional loan but since they're are 6 units on the property the banks are wanting to take it as a commercial so we would have to move out the 2 storage sheds out in order to close as conventional.Another concern, technically you are only allowed to have one manufactured house or single wide in your property according to what I know but I know it could change according to zoning which I will investigate, so my question is has all this been accounted for and if so how can I verify it so it wont leave me in a bind further down the road, I currently asked my agent for the appraisal of the property to see if that might verify.Any recommendations?
Matthew McCarty
Started out, need advice. Already have one property and have 100K in the bank.
28 January 2025 | 6 replies
A second mortgage or HELOC might allow you to unlock some funds without losing the 3.25% rate.- I recommend avoiding condos.
Christopher Lynch
What Is The Best Way to Start Flipping Houses and Raise Capital?
16 January 2025 | 10 replies
However, after you get some experience, you probably want to get a Private Lender since this will allow you to keep the majority of the profits.
Niranjan Sathish
Lancaster City - Short term rental investment advise
14 January 2025 | 5 replies
That will allow you to better place your money in areas you know can succeed whether it be in the arbitrage or ownership space.
Ethan Borshansky
Can you 1031 Exchange into capital improvements?
21 January 2025 | 6 replies
However, there is no way to do so without risk.The Internal Revenue Services issues three (3) Private Letter Rulings (PLRs) that allowed the taxpayers to do just this.
Alex Moazeni
Teanent stopped me from removing a storage fence
27 January 2025 | 5 replies
Quote from @Alex Moazeni: You are making the common mistake of allowing a tenant to push you around.This is your property.
Steven Barr
Builders Risk & Liability Insurance - Post Construction
16 January 2025 | 1 reply
The provider I am using allows for 60 days of continued coverage once construction is completed.