Carlyn Chism
Hard Money Lenders - Low Credit Score Refi options
14 January 2025 | 4 replies
Do you have an inspector come out the property every time or can we use app to confirm work has been completed?
Elaine Ericson
Promissory Note - how to secure or any ideas to help in this situation?
28 December 2024 | 7 replies
The buyer had the mobile home demolished.
Jill Weston
STR Cleaning Company Request
31 December 2024 | 2 replies
Jill,Check the app/website turnoverbnb.
Ethan M.
Looking at potential market via Zilow Data
31 December 2024 | 9 replies
It looks to have a very high number of mobile homes for sale.
Sean Mattis
Best Text Blasting Service?
13 January 2025 | 5 replies
I personally use the mass text capabilities through my Resident RE CRM.However I have a few friends who wholesale and invest and use Mobile Monkey to mass text and from what they say the price is pretty reasonable.
Logan Pritchett
Creative Financing using a bank to buy a mobile home park
18 December 2024 | 2 replies
Got paid 10k at closing. 35 unit mobile home park.
NA NA
Question about wholesaling
9 January 2025 | 1 reply
I thankful for finding this app through a book I have been reading.But I would like to inquire in regard to introducing myself both to sellers and cash buyers.
Logan Pritchett
Raised 100% capital (550k) for a purchase of a mobile home park
18 December 2024 | 2 replies
Very stabilized. 13 unit mobile home park.
Melanie Baldridge
What is MACRS classification?
10 January 2025 | 0 replies
When it comes to real estate, here's a general list of eligible assets and their depreciable lifespans that you should know: Residential Rental Property = 27.5 yearsThis includes any building or structure where 80% or more of its gross rental income is from residential units.That means:- Apartment buildings- Single-family rental homes- Duplexes, triplexes, and quadplexes- Mobile homes (used for residential rental)- Any kind of residential lodging facility where the primary purpose is long-term rentalCommercial Property = 39 yearsThis includes non-residential properties like:-Office buildings-Retail stores and shopping centers-Warehouses-Industrial complexes-Hotels and motels that do not qualify as residential rental propertyLand Improvements = 15 yearsThese include sidewalks, roads, fencing, some landscaping, and parking lots that are separate from the building.Personal Property = 5 or 7 yearsPersonal property used in a rental activity usually has a 5 or 7-year life.This includes most furniture, appliances, carpeting and various machinery.Qualified Improvement Property (QIP) = 15 yearsGenerally, this includes any improvements made to the interior of a non-residential building after the building was placed in service, excluding elevators, enlargements, and the internal structural framework.Computers and Related Peripheral Equipment = 5 yearsVehicles = 5 yearsNote that the land itself is not depreciable.
Ogonna Odo
Paying Contractors with a Credit Card
17 January 2025 | 7 replies
I tried to use an app called melio to pay some of my contractors with a credit card and it cost me more headache than planning for my rehab project.