We just made an offer on a 20 unit MHP. 100% occupied, 10 units are Park Owned. Broker said our offer didn’t have a shot with the owners and wouldn’t present it. We offered 440-460k plus market value of the park ...
I am looking to inject (contribute) some money into one of my LLC to finance some new acquisition this year.I am refinancing my home (that is under my own name) and will use the cash out as contribution into the LLC.I...
I'm getting my tenant credit reports, etc. from a company called Quick Check. Quick Check does not have technical capability to have more than one user credit cards on file so that the user can charge different report...
For a typical NNN lease, how is the contract structured regarding vacancies of other tenants? For a simplified example, say we have a 10 tenant building and each tenant is renting the exact same square footage. Each...
I have a house that I have a mortgage on and it is listed in my name and I’m looking to find out information about how I can achieve better tax benefits for things like avoiding income tax for collecting rent and how ...
Good evening! These forums are great. I'm writing to ask about best practices or common approaches to accounting for property taxes.
Here the tax bill comes out in November of each year. If you pay in November you ge...
So, I'm a couple weeks away from closing on my first 4-unit and was wondering... "How am I going to pay myself?"
How do you initiate and record payment to yourself? Do you put yourself on payroll? Do you calculate yo...
Would love BP MHP Pro feedback.
After analyzing over 100 deals I found this one.
1. Do you believe this is a deal?
2. Is there anything I should look out for?
3. Should I add anything?
4. Are the terms OK?
Unt...
I’m based in Utah. I’ve been thinking about househacking and would appreciate some advice, since I still don’t quite understand the advantage of house hacking. Two scenarios:
Scenario 1: House A
- Purchase price: $3...
The below article talks about the advantages of a health savings account. One of the things they say is you can make contributions to the HSA and invest those amounts, but pay your medical bills with other funds. Th...