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20 May 2024 | 8 replies
To fill a vacant mobile home park lot typically requires bringing in a home and selling it, while filling a vacant RV park lot simply means somebody pulls in their motorhome or travel trailer.Think of RV parks more like owning a restaurant (and the hands-on management that entails) while owning a mobile home park is more like owning a parking lot that rents spaces out monthly and is much more passive in management.Some people just prefer one business model over the other.
21 May 2024 | 5 replies
As they said above, make sure to do your own comps/ get a realtor to help you.
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21 May 2024 | 4 replies
My husband and I own a profitable condo we rent out short to mid-term, while living in a single-family home we plan to convert to a long-term rental.
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21 May 2024 | 3 replies
The loan we were applying for is an FHA, which stipulates we must provide a signed lease for our half of the duplex (to be newly rented out) but for the other half which the parents "own" (in reality all three are equally owners of the entire property.) we would need to provide proof of rental income on our tax return, however her parents claimed that so we seem to be SOL.The mortgage is covered, we can rent it out no problem, but the underwriter is saying on paper it looks like she is responsible for the whole duplex and the rent for half of it is unreportable.
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21 May 2024 | 1 reply
While you’re at it, replace your hardware, too.Add a DIY range hoodA pretty range hood can make quite a statement, and for a fraction of the cost and a little effort, you can transform your space with your own DIY range hood.
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20 May 2024 | 88 replies
Other states have their own LLC fees but everything adds up.
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21 May 2024 | 41 replies
I confront him all the time on this and he says it isn’t him, even when I have witnessed it with my own eyes.
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21 May 2024 | 20 replies
I own a couple of rentals.
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21 May 2024 | 3 replies
They would need their own renters insurance to cover vandalism.
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21 May 2024 | 2 replies
But owning managing and leasing commercial space should not be taken lightly and you should get as big a picture as you can.