Tchuissi Mbu nyamsi
New Member Introduction
6 January 2025 | 4 replies
What are your current goals or challenges in real estate?
Mohamad Guene
Mobile home investment.
8 January 2025 | 3 replies
Challenges include depreciation in market value (i.e., mobile homes often lose value over time unless they are situated on owned land) and tenant turnover.However, tax advantages include depreciation deductions, which allow you to offset rental income by writing off the property's value over time, and cost segregation, which accelerates certain deductions.
Bob Asad
Can You Resell a Seller Financed Land or Property?
8 January 2025 | 8 replies
Answer sure.. have to check if there is a due on sale clause or if you have a PG to the orignal seller.. that mortgage stays in your name unless there is a formal assumption Maybe the example is more challenging for a house as the property.Ex. with vacant land - seller finances to me $20k with 5% down and $1k/moCan I after 1-2 months, then resell the land to a cash buyer for $25k, pay off the original $20k and pocket the $5k?
Julie Muse
Grainfield Gem: Partner Driven & Amanda Frecks Flip Main St for Big Gains!
8 January 2025 | 0 replies
Challenges?
Karma Abdula
Poly Fix and Flip
31 December 2024 | 0 replies
Despite surprises and challenges, I transformed it into a move-in-ready home and sold it for $145,000.
Karma Abdula
Poly Fix and Flip
31 December 2024 | 0 replies
This 1925 bungalow was a true challenge, needing a complete rehab from top to bottom.
Brittany Daubner
Florida Property Manager
29 January 2025 | 14 replies
Brittany Finding a great PM can be challenging but not impossible.