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4 November 2024 | 2 replies
I have all my properties with American Modern and Allstate.
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6 November 2024 | 2 replies
11 mobile home pads plus one SFH.10 pads are occupied, plus the house currently generating $4850/m in lot rent & house rent.
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5 November 2024 | 0 replies
To determine if the expense should be classified as a capital improvement or a deductible repair, the context of the expense is very important.An example is, if an item of expenditure is part of a general plan of modernization, renovation or rehabilitation to equipment or other business property, it typically must be capitalized even though on its own it would be currently deductible.According to IRS Code, expenses that you must capitalize are those that:Materially increase valueSubstantially prolong useful life (including replacement of deteriorating assets)Adapt the property to a new or different useHowever, you are allowed to deduct expenses and fees for routine maintenance and repairs that help keep the property in efficient operating condition.
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11 November 2024 | 29 replies
I've had clients buy a SimpliSafe security system and send it to the PM to set up for the property as well as a mobile wifi to make sure it's connected to the internet and notify the police.
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5 November 2024 | 4 replies
**Mobile Optimization**: Ensure it’s mobile-friendly, as many users browse listings on phones.Some real estate agents or agencies use tools like LeadPages or Instapage to create attractive, lead-capturing single listing pages quickly.
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4 November 2024 | 1 reply
The influx of young tech professionals is driving demand for modern, amenity-rich apartments and smart homes.
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7 November 2024 | 22 replies
I don't know how to say this without being too blunt but 'acquiring mobile home parks is hard; running them is easy'.
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30 October 2024 | 1 reply
Purchase price: $45,000 Cash invested: $48,000 Purchased this mobile home for $45,000, as-is value is $150,000.
3 November 2024 | 0 replies
(optional)Kitchen Remodel (2020): Updated countertops, cabinets, and installed new stainless steel appliances.Bathroom Renovation (2019): Added new tiles, modern fixtures, and a glass shower enclosure in the master bathroom.Finished Basement (2018): Added 600 sq. ft. of finished space, including a family room and home office.New Roof (2021): Replaced the entire roof with new shingles and added improved insulation.Landscaping (2022): Redesigned front and backyard with new plants, sod, and an outdoor seating area.Energy-Efficient Windows (2020): Installed energy-saving windows throughout the home.
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30 October 2024 | 1 reply
I own a piece of land on which someone else has their mobile home.