Bilal A.
Can self storage facility owner/operator qualify for REP status?
Can a self storage facility owner/operator qualify as a real estate professional if it is their full time occupation, and meet the 750 hour material participation and greater than 500 hour rental real estate activity ...
David Nacco
How do you handle reserves on your rentals?
So this is a total newbie question but how do you guys handle your reserves? On a rental that’s renting 1500 a month and saving 15% ($225, 5% capex, 5% maintenance, 5% vacancy) it just seems low to me. Am I just being...
Ben Walsh
Mobile Home Park Evaluation & Due Diligence
Hi All, I am looking at a few mobile home parks in MN and I am wondering what you all use for evaluating the value of a prospective mobile home park. Are you evaluating it the way you would an apartment building? Woul...
Greg P.
Wholesaling a "Grey Area?" Illegal in Minnesota? Realtor..?
Hello, just spoke to a reputable attorney in Minnesota about wholesaling real estate. He basically said that if I did a few deals and someone "told" on me to the commerce most likely I would get a fine. I'm writing ...
Aviv Harkov
What would you do with 30k as an out of state (&country) investor
I'm just starting out and am focusing on education before pulling the trigger but I would be interested to hear from you what you would do with 30k as a foreign investor. What market would you focus on? Why and how di...
David Williams
Help needed getting out of lease with awful neighbors!
I have some family members here in Denver in a bit of a hellhole of a rental situation. They live in the lower level of an up/down 4-plex. The residents above are chronically violating their lease and a true nuisance ...
Daniel Dietz
Income fluctuations / DTI / Qualifiing for Conventional FHA?
Hello All,So far I have been buying rentals with my self directed IRA, but would also like to do some with conventional 30 years fixed financing before rates get too high. When I looked into it this year, even though ...
Sam Mitchell
How do you structure your business? (LLCs, bank accounts, etc.)
I'm wondering how people with multiple rental properties structure things like insurance, LLCs, bank accounts, etc. I currently have each individual property under a separate LLC, with its own bank account, and its ow...
Courtney Johnson
What # pads makes sense for 1st MHP?
What size MHP makes sense starting out in MHP investing? I want to be able to do it mostly on my own before scaling and bringing in a partner. I’m sure there’s a number that wouldn’t be worth it. But I see more exper...
Justin Bullock
The Truth About Rehab Projects & Budgets
“The Truth About Rehab Projects & Budgets”By Justin M. Bullock, Real Estate Developer & InvestorWhere there are numerous components to real estate investing, one of the most common struggles (with both new and...