Would any like to help a young investor describe the advantages and disadvantages of property management services?
If a landlord is receiving income from the rental of a dwelling unit, there are rental expenses they may deduct on their tax return. These deductions apply to mortgage interest, property taxes, operating expenses, dep...
Talked to my accountant today and he suggested I send 1099's. He said it is unclear what the repeal is all about. So, I went to the IRS to get forms and the lady at the counter said I am a trade or business and need t...
Is there a size level where a MH Park investor should hire a resident manager?
If I still work a full time job, one where I can't really just leave anytime someone's water line breaks, or complains about a loud nei...
Valuing a Mobile Home Park:
I want to know how many lots there are, how many are occupied and paying, what the lot rent is, what expenses the owner is paying, and who is responsible for the water lines, sewer lines,...
When projecting your returns to present to investors, do you use the NOI before or after Cap Ex reserves and asset management fees? Specifically the sales price.Thanks,
Good morning everyone,Quick question on financial due diligence, we have an accepted offer on our first actual commercial property (8 units), the financials they sent looked good, but how do you guys verify what they ...
So I have done several deals in Utah & AZ but I have not done any recently in the last 12 months. I got an email this morning from BP about how this guy (success story below) purchased a triplex for $14K. See stor...
Hello BP Members,
I am considering purchasing a foreclosed Fanne Mae (HomePath) home with a lot of upsides and down sides. I am in desperate need for some advice because I am not very experienced with the ev...
Hi,I took advice from this site and bought a book called Multi-Family Millions by Dave Lindahl. He says over and over that if you buy a Multi-Family property, it is a huge "No No" to manage it yourself, and you should...