Gabriela Valdes
Help Please :)
13 August 2024 | 13 replies
I was recommended Security Service Federal Union.
Julio Gonzalez
Cost Segregation on RV Park
12 August 2024 | 0 replies
Additionally, it can help maximize renovations and improvements.A Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.
Sanjeev Advani
Mortgage Rates Fall to Lowest Point Since May 2023
12 August 2024 | 1 reply
The Role of the Federal Reserve and Future Rate CutsThe Federal Reserve’s decision to leave interest rates unchanged at its July meeting has further fueled speculation about a potential rate cut in September.
Marc S.
Property in Hogansville
12 August 2024 | 0 replies
She is older and lives on a fix income and I will confirm but I believe her federal tax bracket will be in the 10-12% range.
Daniel Khan
How to get started in real estate development?
12 August 2024 | 22 replies
I wonder why the government isn't encouraging more people to become developers compared to the money they are putting into VCsWhat would be a good step by step approach to becoming a developer?
Leon Korpel
Can I invest in the USA if I am a foreigner?
12 August 2024 | 4 replies
In the Netherlands the government is busy building a law with stricter rules against investing and owning real estate.At the moment I am reading the book ' No money down.
Jay Levy
Applicant Screening Process
14 August 2024 | 9 replies
To address this, we verify the property owner per government records and use this information to vetimposters.Anything that seems suspicious will lead to us requesting an acceptable Letter of Explanation toaddress.Analyze IncomeMany landlords require a month of paystubs from applicants and just use these to calculate a monthly qualifyingincome.
Erik K.
Josh Cantwell 40K Flips
18 August 2024 | 52 replies
We have a Propritiatory Property Launch Program to sell houses really fast4034 Manchester Rd Akron , Days on Market 341 (lightning fast proprietary system) I think I will keep my non proprietary system, we are under 30dom market average the past four years same area)2284 Bailey Rd Cuyahoga Falls, Days on Market 221(hate to see what his DOM was before he figured out his proprietary system)All except one property shows up on the MLS, so much for his many sources of deals, buying direct from the government, wholesalers etc.Also ....
Mike Jones
Remove solar lien after trustee sale
14 August 2024 | 11 replies
It seems to me that the minute the government got involved these solar companies started acting like they were protected and did not need to give any customer service.
Samuel Coronado
Developing a new mobile home park- Help
12 August 2024 | 6 replies
But per lot it will cost roughly the following:$1,500 Electrical poles, meter installation $2,000 water taps and connections$5,000 grading and land prep$8,000 septic installation (assuming a 1:1 ratio of homes to 1000 gallon septics)$5,000 down payment on each home ($700-750 / thereafter per unit)$21,500 total set up x 17 = $365,000Ongoing expenses after development would look something this for POH model: $12,750 a month in mobile home mortgages (17 x 750 for PITI on each unit) $1,900 a month in land mortgage PITI (house) $3,000 a month landscaping$2,000 a month in reserve emergency fund$2,200 management$21,850 a month total expenses $262,200/yearOngoing incomes after development would look something this for POH model:$27,000/month ($1500 x 18 {17 mobile homes plus house})$324,000/year324k-262,2k = 61,800 net pre-tax profit or $5,150/month.Opportunities to reduce start up expenses: Bulk deals with the government or contractors for doing all the work at once (electrical, water, land grading, septic) Trade free rent for someone to mow and landscape (turning a $3k event into a $650 event every month).