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I have probably 10 run down mobile homes and some mobile home frames that I need to do something with. Options are:1. Fix them up, was told only 1 was worth fixing at a cost of $5k. Granted the guy was from a town an ...
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I am finishing up a new construction STR build. I bought raw land in an LLC with a partner to do this. Although I think our personal names had to be on the loan in order to qualify.
My question is....when i finish co...
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I have found a note with a upb of 28,500, zero % interest, with 114 payments of $250 remaining. A note at zero % interest is unenforceable in Texas and the note cannot be purchased as it is. I offered $13,636.35 w...
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What problems should I be looking for in a home that has had no utilities on for over two years?
This is a brick home that was built in 1955. I know our extreme temps in TX can wreak havoc. Any advice is appreciated.
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Hello all,I am currently analyzing a 9-unit MF in Manhattan. 8 out of the 9 units are rent stabilized, which really affects my cashflow. I know you can convert RS to FM by giving in writing, a note stating that you wi...
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I think I found a great deal. I need opinions on a deal and also the funds to buy it. Its a duplex foreclosure - asking price is $79,000. Needs new heating and plumbing due to freezing. Brick exterior. Haven't actuall...
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We are under contract for a 33 lot MHP with a financing contingency. This will be our first park. The bank says they will loan on either the purchase price or the appraisal price - whichever is lowest. We will be ...
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hi, I'm not sure what is best. Should I do long term rental or short term rental? Someone try another platforms beside of Airbnb here in San Antonio, TX? Any recommendations, please. Thank You.
I live in NJ with a property that I want to rent out that is mortgaged in my name. I understand that deeding my property to a LLC can trigger a due on sale clause on my mortgage. Question, can I rent/sublet my propert...
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What are your tax implications if you set up a LLC in your home state, but primarily buy RE in other states? Specifically for buy and hold REI. Would you owe any taxes to the state where your property is in? Or sim...