I am currently underwriting a deal I’m looking at and need some guidance on what specific items/work is going to cost. Obviously this is different everywhere but rough estimates and ranges are welcome. It’s a 20+ unit...
Hello All,If you purchase a home for a rehab sell it and then use those funds to purchase another rehab and continue going. Do you have to pay capital gains taxes on that profit earned or is that considered 1031 excha...
Hi all, planning on setting up an LLC but was told by a CPA in boston to do an S Corp instead because it has just about the same protections and that an LLC has a $500 annual filing fee. so each year I'd have to pay $...
I have several vacant lots and I need to find some mobile home to put on them. I need any advice you can spare. The lot are located in Piedmont SC on the section near the Greenville SC county line. Please share also w...
I just ordered a new copy of Deals on Wheels. It says it is 'Revised for 2013." According to the description, it now has solutions for the SAFE act. Has anyone read them new one and how were the solutions? If no one ...
I bought a nice looking row house in an 'up and coming' part of Pittsburgh's north side. Despite the charming look to the neighborhood there's a heroin dealer across the street. The foot and vehicle drug traffic is...
I have a question about the Illinois Dealer's License requirements. Is there some way to get the license without having a dealer's lot? I want to buy and sell in various mobile home parks but don't see a need to have ...
I am new to MH Investing. I am trying to get started right away. Do you need to have a license in Texas to buy or sell mobile homes? If I buy and own mobile homes, can I sell them just like residential single family ...
I invest in tax deeds. After I purchase them the property owner has a 1 year redemption period. If the property is not redeemed, I get the Quit Claim Deed after 1 year (approximately 12-15 months after the sale). If t...
I want to place some new mobile homes on individual residential lots and sell them (each with their lot). I have the option of getting licensed with NY State as a retailer and buying direct from the manufacturers, or...