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Results (10,000+)
Phil Petite Forming an LLC - Memphis Investor Living Out-of-State
1 February 2025 | 6 replies
Readers should seek professional advice.
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?
Agatha Simmons Advice for newbie. Evicting Sec8 tenant
28 January 2025 | 16 replies
The final straw was just last week when tenant randomly attacked my competency in my professional career.
Gil Canfu 🚨 Dallas Real Estate Investors - Need Your Insights! 🚨
30 January 2025 | 14 replies
These areas are experiencing significant development and population growth, driven by families and professionals seeking more affordable housing while staying close to the job hubs in Plano, Frisco, and even parts of North Dallas.
John Fleming Property Management Reccomendation
14 January 2025 | 3 replies
These are professionals with additional training and a stricter code of ethics.
Chris Ke 200k down payment available and I can benefit from tax deductions
14 January 2025 | 5 replies
Focus on tax-saving strategies such as cost segregation studies and bonus depreciation to accelerate deductions.By qualifying as a Real Estate Professional (spending 750+ hours annually and materially participating), you can offset your wife’s S-Corp income with real estate losses, reducing your tax liability.
Tod DuBois Typical Occupancy Rate - and how to calculate?
24 January 2025 | 4 replies
If the guest feels slighted, there is no fact checking service provided by AirBnB to confirm their claims, so it is up to you to let future guests know the level of professionalism you provide.If you are able, I would recommend editing your response to the 1-star review.
Andrew Katz What year do I count income for?
15 January 2025 | 9 replies
Readers should seek professional advice. 
Wiley Hood Are DIY cost segregations a good idea?
12 January 2025 | 28 replies
Do you have Real Estate Professional status?
Chris Core Everything needed to start, can't find a cash flowing property.
7 February 2025 | 10 replies
Investing in a property that’s already renovated, rented, and professionally managed could allow you to start generating passive income immediately without the added expenses of house hacking.What’s most important for you in this first deal—cash flow, appreciation, or long-term stability?