Kasey Peterson
Dealing with tenant who does not want to sign new lease?
30 November 2021 | 2 replies
This need not be complicated or full of legal mumbo-jumbo:"Dear Tenant, you were provided an opportunity to renew your lease and have failed to respond in a timely manner.
Josh M.
STR Duplex in Tennessee as a 1st purchase?
1 December 2021 | 4 replies
I also don't know what kind of profit they should expect in being a lender in that manner.
Alexey Klimkov
Joshua Tree remodel permits/airbnb permit
6 December 2021 | 7 replies
Apply for your short-term rental permit NOW in case the county stops issuing them or changes the rules in a manner in which you wont be able to get one in the future.
Alessandra Verbena
Northern CA coastal markets entering bubble territory?
29 December 2021 | 5 replies
I personally don't see this real estate price action as sustainable in the short term.
Debbi O.
Tax assessment on a mobile home park
29 December 2021 | 3 replies
@Debbi Oshier mobile homes in a park are considered vehicles and are taxed in a similar manner that vehicles are, primarily based on the age of the home.
Zach Carner
Should I Rent or Sell my property?
2 January 2022 | 22 replies
In this manner you should be able to purchase a much larger property.6.
Nathan Barshinger
Convince me NOT to invest in a MHP
12 June 2021 | 28 replies
Do not buy a mobile home parks that has:1) No operating permit as evidenced by a Certificate of Zoning.2) No demand as verified by running test advertisements.3) Failing private utilities unless you have an approved plan to fix them and can afford to do so.4) Dirt roads unless you have a lender that will finance it, or the capital budgeted to pave them.5) One individual (other than the park owner) that owns a huge number of the homes (most lenders will not make a loan if one person owns more than 5% of the homes).6) Does not have a clean Phase I environmental assessment.7) Does not have a clean survey.8) Does not have a clean title.9) Is overpriced in such a manner that you will not make money with it based on reasonable performance.10) Does not have a healthy risk/reward relationship (buy low risk with high reward and avoid high risk with low reward).
Jacquelyn First
Screening tenants remotely
9 May 2021 | 3 replies
It is time to screen tenants and so I feel the need to be there in person doing this for a couple weeks (I don’t know if it takes that long) but this doesn’t seem sustainable.
Stanley Cenatus
Foreign real estate Investing.
21 July 2021 | 9 replies
This response is bit aged but adding here if helpful to others for similar future situations: If you are a US citizen or resident you are subject to US tax on your worldwide income, even if from a property in the DR or anywhere else in the world.Assuming you directly own the property as an individual, generally you're only going to generate a capital gain if you sell or dispose in some other manner the property.
John P.
Inherited Duplex ready to Invest
6 May 2021 | 1 reply
Any solid and good mannered adviced would be extremely appreciated.