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How to analyze this MHP?
Hi everyone,
I came across a potential opportunity on a mobile home park, but am not sure how to do the DD on it. Here's the low down:
168 spaces
10% occupied
Park is bank owned
Bank is asking $650k --they have an a...
Michal Shain ben harosh
My handyman start renovation at my property took the money and go
I have properties at south bend in. I start work with handyman he took the money didn't finish the work and disappear. I met him after he contact me at biggerpocket
Kathy Austin
Solar panels, combining comed account
HI! We own a six unit building in Chicago IL and we are looking into consolidating all to just one electrical account, and installing solar panels. We would like to meter electrical use for each unit and for the bui...
Diana Muturia
Broke college kid
I am a broke college kid and I did some homework on how to have my apartment pay for me and itself through multifamily duplex. I found a great apartment for sale close to my campus. I want to rent out the other 3 room...
Wayne M.
IRA for rental property
I am thinking about an SD IRA for the purchase of a rental property and my question is, I know that all of the rent payment goes back into the IRA but once it is paid off does the payment continue to go into the IRA o...
Thomas Garza
Should Our Businesses Have Political Ideals
Over the past year there have been a lot of political hot button topics making their way to the public eye. Some of the issues that have blanketed our news coverage include racism, gay rights, gun rights, and religiou...
Don Konipol
After 45 + Years in Real Estate - What Works and What Doesn’t
What works -
1. Investing in well built properties that are able to generate positive cash flow with current rental rates
2. Becoming knowledgeable about a sector or sectors or geographical area (s) and limiting yo...
Max James
How Much am I Being Taxed on Rental Income in Ohio?
Hi! First off, please forgive me for my level of tax ignorance. My friend asked me this question who is looking to get into REI and I honestly could not answer it. That's what BP is for :-).If I am grossing $2,000 ...
Paul Witte
Help me determine my "walk away" point
I’m evaluating a deal for a buy-and-hold duplex in a stable, desirable area in a midwestern college town. The neighborhood is outside of the typical student rental perimeter around the University. The sale is being ...
Conrad Feh
HELP!!!!New Investor...First Deal..Loan Issue!!!
Hi BP family,I am a new investor and currently have a contract on my first potential deal, but having some issues getting financing and needs some advice. Here is a breakdown of the issue:Property/Land is in the Alpha...