Michael Doherty
Tax Filing: Professional Real Estate Status
Hi All,I am looking to get input from people who file their tax return using the Professional Real Estate Status. Specifically, I want to understand how you track your daily activity and to what level of detail? Are t...
Carey Dodson
Loan Out Your Equity (Not Your Cash)
Do any of my BP colleagues have experience or more info on a concept that I will refer to as equity loans with equity partners? This would be where Investor A owns equity in a property or several properties and allow...
Don Konipol
What is your targeted ROI?
What is your target for ROI (annual) on your passive real estate investments? On your investments which require a more active participation? How do you calculate it? I target 12% + on my passive real estate investmen...
Account Closed
What do with tenant's stuff after eviction
I have the constable coming out to one of my properties later this week to kick out a squatter. My question is around the squatter's stuff. What obligations do I have to the squatter's stuff? Can I throw it all away? ...
Charles Stewart II
Letter To Exercise Real Estate Purchase Option
Hello BiggerPockets Colleagues,Does anyone have a sample of a "Letter to Exercise Real Estate Purchase Option"?I am making my documents to use for Wholesaling/Assigning Property.Thank you in advance!
Dale Zanker
Rehabbing double wides in Vegas
I am looking at doing my first flip in Vegas, a friend of mine suggested looking at fixing and flipping manufactured homes....any recommendations or suggestions here...I've seen some for sale at 25k to others at 170k+...
Jared Trindade
Manufactured Home and Mobile Home- One or the other? Or both?
Just out of curiosity, I am trying to see what people's opinions are on Manufactured vs Mobile Homes. NC is a state with a lot of both, and so I am interested in hearing from some investors who have experience with on...
Gulliver R.
Structuring mobile home parks in different types of entities
Hi all,
I have heard two good ways to structure mobile home park ownership:
1. The Owner owns one Primary LLC > which then owns several Land Trusts (for anonymity) > then each Land Trust each hold title to one...
Dustin Allen
Need advice with my note, please!
Hi all, I have a question and didnt know where else to post this. I have a note from my business partner buying out my share. The note is secured with a first lien against the business, however no property. The sale w...
Tony Holloman
Manufactured homes in rural areas
Hello everyone! My name is Tony and I live in Eastern NC and I'm still a newbie but I do own 6 doors currently. There are a lot of great deals in my area on manufactured homes (double wides) on private lots in rural a...