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I bought an investment property in NJ for 120k. The house will sell for 175k without putting a single dime into it. I don't have a mortgage on the home. What is the best way to avoid heavy taxation? Thanks in advance.
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Hello everyone, my name is Wayne, I live in Michigan, and I am a newbie to BP.com.While a newbie here, I do have some experience in the real estate game.I have two SFR condos rentals that are doing quite well at appr...
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I am looking for some help identifying how to evaluate a mobile home park in duress. The asking price to high to justify with the current cashflow. It is a 150 unit park with only around 35 units currently rented. ...
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Hi BP experts,Me and my wife are currently living in Bay Area, north Cali. Our primary residence, a 2br/2ba condo is appraised at about 800k, with less then 100k mortgage remaining. We found a 4br/4ba townhome close-...
Hello Fellow Members:What are your thoughts about ridiculously priced real estate at eBay? I even saw a property for $84. Thank you.Tina
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I have read through the Illionis SAFE Act and I really dont understand how it will affect doing Lonnie Deals? I plan on trying them out, but while reading back articles on them, I see that SAFE act being brought up.
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I am starting a park that will end up with roughly 20-25 lots on plot of land that's roughly 20 acres (including an existing 4/2 house). The house rents for $1200 month currently and will be able to get $1600 if renov...
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Trying to fill vacant pads at a mobile home park we recently purchased in VA. Aside from Craigslist, roadside sign in front of park, local newspapers and online classifieds, any other suggestions on what has been eff...
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30 months ago I bought an occupied 2 bed 1 bath mobile home for $2,500, collecting $200/month in a park. Gross rent collected $6,000. The tenant moved out due to health reasons. It took $640 to get rent ready. The...