Elaine Ericson
Promissory Note - how to secure or any ideas to help in this situation?
I sold a mobile home giving Owner Financing (OF) (never again will I offer OF). The buyer had the mobile home demolished. Crazy I know. She is now in arrears 3 months and has agreed to deed the land back to me and ...
Charles Stewart II
Option and Assignment Contract
Do these two contracts look sufficient for wholesaling?Thank you in advance!Option to Purchase For Assignment Real Estate AgreementTHIS OPTION AGREEMENT ("Agreement") made and entered into this day of , 20by and betwe...
Jacob A.
Starting a TX LLC to avoid inheritance taxes
Apologies if this is the wrong forum. My mom is based in PA and so is subject to inheritance taxes. She wants to buy some property near me in TX and she suggested we put her and my name on the property so to avoid any...
Eric Abel
Flipping Mobile Homes
Hey there BP Community! I've recently started looking into flipping mobile homes. The way I see it, this business would take much less capital and risk versus a traditional Fix n' Flip. I also believe rehabbing mobile...
Giovanna Owen
Filing An Annual Report for my LLC
I’m flipping a property in Baltimore, MD. My entity is a Maryland LLC and is only being used for this one flip. I am trying to file the annual report. Is the property to be flipped considered the businesses’s “persona...
Toshiki Hoshino
Parked Owned MHP Advise
Hello,I'm looking into purchasing a mobile home park that consist of parked owned homes on permanent foundation. Titles has been deactivated and it is taxed as real property. I am looking into reactivating titles an...
Powell Chee
W2 & Qualifying with a Real Estate Professional Status
Hello BP,I have a question I am hoping to get an answer to. Would someone who works for a real estate company as a W2 employee be able to qualify on their taxes as a Real Estate Professional?For example: would a sale...
Landon Coate
Limiting access on house and property in lease
I have a farm house sitting on 94 acres. It has an outside stairwell to the second floor. I would like it stated in the lease that I am renting only the first floor and basement to the Tenant(s). This would allow me t...
Jeff Johnson
Question about Probates
From my understanding, I can go to my courthouse and get a list of probates. But how from that list will I know if somone inherited a property? Also, will it say the person the house is being deeded to?Thanks
Season Price
Investing in mobile homes in Las Vegas as rental unit(s)
Hi. I am looking at mobile homes to invest in as rental properties. Specifically, I'm just looking at one for right now, and then I plan to move up to SFH. My questions are:Am I looking at comps the same way I would b...