I was told that some lenders may not refinance trailers house due to the quick depreciation. I’m planning on moving a trailer house onto an acre of land and refinancing it for a cash payout. Would this be a bad idea?
I have inherited an Industrial manufacturing building in Colorado that leases space to a family member's manufacturing business.My father, being the owner of both the building and the mfg business, had been providing ...
Hi all, I'm just curious your thoughts on mobile homes as rentals. I just recently came across a couple of units that I could either pay cash for or even use a credit card to pay in full, and then have instant cash f...
Hi everyone my name is Byron Friend, I got interested in real estate through my family's manufactured housing community business which owns 700 units in 5 mobile home communities in the Lancaster and Bucks County area...
What would you do in this situation:
Business: Manufacturing
Commercial building valued at 2mil
550k left on mortgage
800k Line of credit (650k balance)
Bank is demanding line of credit balance to be lower than 5...
Hello all. Currently, I only have rental income from renting individual rooms to roommates.Does the statewide rent control apply to the two room renters in my manufactured home?
Hello BP STR experts, If I buy land first for constructing/manufacturing home, can I then claim bonus depreciation for such a constructed/manufactured home and use that calculated depreciation amount to offset my W2? ...
I have an accepted purchase agreement on a 85,000 square feet industrial building. This is a sale-lease-back meaning that the current owner is selling the property and agreeing to lease it back to me at a 7.75% capit...
According to WalletHub, Toledo has just been ranked the 89th best city in the country to start a business and is the 3rd best city in Ohio to start a business, following Cincinnati and Columbus.Investors should invest...
Hello, My name is Johana and I pretty new to biggerpuckets, looking for build some wealth trough real state, I a Tax preparer and Bookkeeper have my firm running all year, Tax season is great for mo to get my money fo...