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28 February 2024 | 4 replies
As a wholesaler, I'm seeking advice on what would be a reasonable offer to submit.Thank you for your assistance.
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28 February 2024 | 2 replies
Thanks to the Cost Segregation Study, the property investors accelerated the depreciation that the first year depreciation was approximately $182,900.The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.
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28 February 2024 | 30 replies
In this method you or the rightfull Tenant on the lease and have much more leverage to file criminal charges vs. the squatter and seek police removal immediately.Again, you should CONSULT AN ATTORNEY now before you even schedule a walk-through to review your options, you can pursue one option at a time OR you can pursue ALL of them at the same time.
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29 February 2024 | 9 replies
Cap rates should increase as sellers adjust to present day market realities.
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26 February 2024 | 5 replies
To kickstart this project, a comprehensive home energy audit is on my agenda to craft a strategic retrofit plan that significantly enhances operational efficiency by 40-70%.This endeavor seeks to diverge from common quick fixes, such as installing baseboard heaters, which merely shift heating costs to tenants.
29 February 2024 | 5 replies
With owner financing, you can usually put a smaller down payment down (15% or so) to get in, then drive the value through improvements or rent increases to market.I always look for light to improvements and mostly rent increases with month to month leases or vacancies to get the best deals that I can move the rents faster.
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27 February 2024 | 4 replies
Increased Institutional Investment: Large investment firms and private equity groups are recognizing the potential of mobile home parks as a stable asset class, driving up purchase prices.
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1 March 2024 | 39 replies
If rent increase is 5% or more, tenant can demand relocation assistance.
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28 February 2024 | 1 reply
Looking for advice on whether I should take out the equity, or seek another type of loan.
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1 March 2024 | 6 replies
(If the house comes back a mess after inspections I'm pulling out as I have 0 contracting experience and don't want to pay for anything crazy)Here are the numbers I ran (calculated at a 3% value appreciation per year, and 3% rent increase a year)I found a great PM who I trust, she's 10% a month (Is that standard?)