Rehaan Khan
New to mobile home investing, looking to network with like minded people!
24 December 2024 | 5 replies
@Rehaan Khan Welcome to BP, great to hear your interest in mobile homes!
Pat Quaranto
How do I go about finding VA work?
14 January 2025 | 4 replies
Have you looked in to being a mobile notary?
Marc Robinson
Community input on a small mobile home park, distressed with high vacancy
13 January 2025 | 10 replies
I have an off market opportunity. 30 pad trailer park, only 19 trailers currently on-site 17 with MTM tenants. Rent roll was ~$8K last month. They are looking to get $500K for the park. 16 of the 19 trailers are 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.
Jerry Maze
Investor friendly Title Companies and Closing attorneys
5 January 2025 | 5 replies
Mobile closing anywhere?
Tyler Koller
Baselane Vs Stessa
16 January 2025 | 31 replies
Although Baselane doesn't have a formal app I find it very mobile friendly, I use it on both my iPhone and IPadI think Baselane has a slight edge over Stessa so I think I'll start with them and switch to Stessa if it's not working for me.
Jacklyn Robins
Trouble renting units in Cincinnati
21 January 2025 | 27 replies
They are not very mobile and this neighborhood looks about the same, demographically, as it did at the time of the Race Riot of 1967 where buildings all around your property were burned to the ground.
Emeka Okeke
Ready to get to it
23 January 2025 | 7 replies
He told me he owned a few mobile home parks in town (they were large and had high lot fees) and this is what sparked my curiosity.
Kerry Hermann
New to the Northern Alabama market
20 January 2025 | 12 replies
Thank you for your time and assistance.Best regards,Kerry & ElsaI owned a mobile home park outside Anniston and I loved it.