Gulliver R.
Valuation of park with many POHs
How would you all valuate this park?
$600k purch price
36 lots @ $215-225/mo
5 occupied tenant owned homes
23 occupied POHs (which are on RTO contracts)
6 vacant POHs
1 manger lives in a home (maybe POH)
1 homes is ...
Mark Harris
Advice on buying from out of state before moving
Hey everyone new guy here. Been reading a lot in the forums and I’ve decided I want to house hack to get started. Ultimately my goal is to own enough properties to quit my regular job or atleast set me up for a comfor...
Martin Sterling
Real Estate Properties or Notes?
Which would you say is better for a Buy and Hold strategy or Wholesaling, Properties or Notes? What do you think are the pros and cons of each?I'm just starting out and the way I see it, Notes seem to have more flexib...
Katherine Robbins
Flipping LLC being taxed as SCorp
Hi everyone,
I own a development company that primarily flips houses in MA amongst various other GC and design work. When we started a year ago and a half ago, we were told to structure our business as an LLC and ele...
Robert Johnson
looking to skirt the banks and get back into rentals Austin TX
Hello all, Let me begin by saying that I am a licensed real estate agent with a temporarily inactive license (because of inactivity and cost) looking to find my way back into the real estate investment world. I curren...
Charles Hinson
Funding options for newbie without current income...
Hi all,I'm a new REI just getting started in the Albuquerque, NM market. I'm not currently working and using this "down time" to get my REI business going. I'm trying to arrange financing at the moment. I have enoug...
Jake Hughes
Cost Segregation Study
Called my CPA and they mentioned that aside from tax write offs we can do a cost segregation study on one of my properties. What does this mean?
Brandon Ja
What purchase plan is better
Good day team. I'm currently working through a plan for my second rental property. My current rental is free and clear and has about $220,000 of equity. I am considering doing a cash-out refi but I don't want to le...
Elizabeth Ross
Buying to Rent in Indiana - worth it?
Hi! I am new to home buying. I've always worked for myself and didn't have a ton of support so I was not able to prove my income for quite some time due to doing my taxes wrong or not understanding how things work. No...
Eric Sebast
Cost Segregation using diycostseg.com?
Hey all, just about to close on our first property at just over $100k, talking to the CPA who we have used in the past he said he doesn't recommend doing a cost segregation because it would cost us about $3k for him t...