Karen Margrave
How would you design your perfect Vacation Rental
23 October 2017 | 5 replies
books, plants, and weird things to pick up and look at (we have a skull collection in one unit, and a crystal collection in another).I have edited and hung up those national parks posters that I'm sure you've seen before.
Maurice Smith
Texas vs north carolina?
7 October 2023 | 15 replies
This area is showing lot of growth in terms of companies setting up manufacturing locations like Toyota battery plant, Boom Jet manufacturing to name a few.
Shelby Pracht
Is There Value in an Empty MHP Lot?
15 January 2016 | 11 replies
We also have a relationship with a plant here in Rocky Mount where we buy them directly from the faculty.
Leslie A.
$63000 a year on one RV
27 April 2016 | 17 replies
Exxon and Chevron are building plants here so it should be good for a couple years.
Kyle Plants
Financing question private lender to homeowners mortgage
27 July 2018 | 18 replies
@Kyle Plants This would be a great strategy.
Gordon Olson
What Do Private Lenders Gain?
22 August 2019 | 20 replies
On a simple Fix & Flip this might look like:Draw 1 - 20% paid at Demo/Haul OffDraw 2 - 20% paid at Frame/Rough In (plumbing, electrical, mechanical)Draw 3 - 20% paid at Drywall - tape, texture, and paint (to include ceilings)Draw 4 - 20% paid at Cabinet/Countertop install, Fixture install (lights, sinks, faucets)Draw 5 - 20% paid at Flooring and Close Out/Punch acceptanceYou might only do (3) Draw’s to reduce the paperwork on a short timeline project.
Amos Smith
Mobile Home PARK Depreciation IRS Schedule?
15 September 2022 | 18 replies
Hi,I recently bought a new mobile home park, my CPA tells me that the non-land portion (road, pipes, water plant, good will) should be depreciated over 28 year.
Joshua Dorkin
Do You Know ALL the Expenses Associated with a House Flip?
16 January 2022 | 150 replies
One unexpected thing that's popped up in my last 3 flips is having to texture some or all of the interior.
Zachary Gwin
Share Your Success! Pics, Flips, and $$$
17 September 2020 | 502 replies
1) Bought and managed my own new construction home project2) Negotiated the price of the house from $257,000 to $250,000, rearranged the interior of the home and selected the color scheme for the exterior of the house3) Shopped around for custom-made kitchen cabinets, carpet, hardwood floors, tiles, light fixtures, and appliances4) Installed the hardwood floors, tiles and bathtub surroundings, and painted the whole house all within a week5) Finished a room in a basement from scratch – framed it, sheetrock, door installation, walk-in closet, electrical, wall texture, painted, and hired the right people to finish the carpet and window seal installation - Total cost about $23006) Sold the house 22 months later for $285,000 and made a net profit of approximately $35,000.00 after escrow reimbursement, cashflow from rental income, interest on property tax return and amortization.Great experience and good return on my $13,000 initial investment.