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28 January 2025 | 4 replies
Any answers or tips would be greatly appreciated.1) Is it at all possible to obtain 15+ year financing on MHP?
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4 February 2025 | 6 replies
Play dumb, ask questions, and try to gain as much info as possible before choosing a contractor.
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8 February 2025 | 18 replies
Be as conservative as possible.
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11 February 2025 | 15 replies
But I appreciate the speed check on possibly partial withdraws just enough to jump in the market.We havent looking into Rochester much yet so I will put that on the list for research for the market.
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17 February 2025 | 10 replies
The financials would show what is possible.
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5 February 2025 | 16 replies
Quote from @Michael Smythe: @Kwanza P.Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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6 February 2025 | 5 replies
It's very possible that whatever change might happen won't be in affect until 2026 also.It's also worth noting that any depreciation taken for the property for rental purposes doesn't become part of the Sec. 121 exclusion should you choose to take that in a future year.
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8 February 2025 | 10 replies
Whenever possible I attend the inspection and follow the inspector as he conducts the inspection and ask him questions during the process.
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2 February 2025 | 1 reply
BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.
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27 January 2025 | 13 replies
Over time, we have developed systems to handle these situations as effectively as possible.