David Simard
Used appliances or new ones?
16 May 2019 | 41 replies
At least they match, better than the old Harvest Gold dryer.
Jason Scott
Stocks to real estate investments tax implications???
15 May 2019 | 6 replies
I've included a copy of a prior response on how this works for those looking to harvest capital gains.$100k Gain in 2019 tax year defers full federal tax on the gain until 2026.
David Vander Pol
Outskirt areas like Harvest and New Market
24 May 2019 | 4 replies
I own 3 SFH rental properties (own 4 overall) in the Harvest Area.
Carvel Curry
Wholesaling real estate
25 May 2019 | 2 replies
Get a website.People often think a website is just for ranking high and harvesting leads.
Terry Dunlap
Would You Buy for Cashflow Only?
2 August 2019 | 101 replies
One of the great benefits of compiling the SFH portfolio, in my opinion, is you get to surgically remove the parts that have either appreciated so greatly that you want to harvest those gains and do something else or have become enough of a headache that you'd rather do something else than deal with that property, and you get to do so in the context of a retail play versus having to wait for an investor to cash out your building, wherever and whenever the market for commercial property is and the going cap rate relative to the competition.
Steve Ruthstrom
Builder Clear Cut into our Property
23 July 2019 | 2 replies
@Steve RuthstromThe dirt can be put back and you should be able to get the value of the trees harvested.
Ray S.
Offset capital gains with stock losses?
25 July 2019 | 4 replies
Who knows, maybe you will have ST cap gains the following year which you can then offset for maximum utility.The exception to the above would be if you've had the property a very long time and you have a substantial amount of depreciation recapture, which I believe can also be used to offset your ST capital losses.Also, unless you were already strongly considering selling the property anyway, I’m not crazy about the idea of selling a property to harvest potential tax benefits.
Robert Jones
Wise words needed from experienced investors
26 July 2019 | 3 replies
The reason you need to get a website NOW is that it will take time for your website to be able to harvest leads like this.
Anna Catron
PAY FOR EVAL OF MHP?
29 July 2019 | 6 replies
.$505,882 in real value plus $90,000 of personal property = roughly $600,000 in value for the park as it sits.Your upside is in filling the remaining vacant lots, pushing the rent to $250+ over time, and renting the 6,000 sq. ft. building.Your greatest risk is the private water/sewer system, and the demand in a metro of only 33,000 (TEST AD ESSENTIAL).The potential value of this park is 25 lots x $250 x 12 x .6 = EBITDA $45,000 plus 3 stick builts x $600 x 12 x .6 = EBITDA $12,960 plus 1 commercial building $1,500 x 12 x .6 = $10,800 = TOTAL EBITDA OF $69,000 AT 8.5% CAP RATE = $811,764.The risk/reward scenario is decent because if you pay $600,000 and sell off $90,000 in mobile homes, you have $510,000 in deal and, assuming 25% down, you have invested $130,000 down and, if you can bring the park fully back to life, you have a profit of around $300,000 on your investment of $130,000, which is about a 2 x multiple which you should be able to harvest in less than 5 years if you work really hard and did great due diligence.
Randy Ogak
Getting ready to start wholesaling any advice would help.
14 April 2019 | 3 replies
You will harvest leads like a mad man IF you...3) WORK that SEO ma man!