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24 July 2024 | 17 replies
By the time you pay for shipping and mistakes you will not be saving any money.
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25 July 2024 | 33 replies
The fraudsters use a portion of the money they collect from investors to pay the sellers their commissions.
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23 July 2024 | 7 replies
CONS: 55 and over community, tenant paying below market rent, the community board is untrustworthy and are accusing us of not paying HOA dues for 2 years, but that's a whole other issue I need a lawyer for.
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20 July 2024 | 12 replies
He motivated me to get going in tax liens.
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23 July 2024 | 14 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
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22 July 2024 | 8 replies
That example allows you to own 100% of the cash flow and the tax benefits.
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23 July 2024 | 4 replies
For example, seller may have 4.5% debt and so current NOI is worth more to seller than a new buyer who has to pay 6.5% debt.Seller finance is a great tool too.My only caution is to NOT overpay for a property in exchange for seller finance at an attractive rate.Here is a hypothetical say market cap is 7.0%.New conventional debt is 6.5%.But seller will carry at 5%.With seller finance at 5%: What price does one pay?
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24 July 2024 | 7 replies
I have a stable and relatively high-paying job with savings and I’m ready to invest.
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23 July 2024 | 12 replies
That said, I know a few MHP operators that make some pretty tremendous money on the trailers, mostly by renting to people who need to pay in cash and have someone not ask a lot of questions - illegal/undocumented immigrants, transients, probably some criminals for sure, sometimes people (mostly women) hiding from domestic abusers, etc.
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20 July 2024 | 4 replies
Let's say the buyer pays off the balance in five years.