Michael Alston
Potential Mobile Home Deal
My wife and I are looking to make our first REI. Our mother-in- law is getting there up in age (64) and owns a mobile home. We plan to have her move with us in the next year or so. So we have made her an offer to b...
Richard Low
Financing second home while renting first
I apologize if these questions have been answered elsewhere, I've read through pages of search results and can't find anything. This forum is a fantastic resource and I appreciate the time and experience of those who...
Corey M.
Renting out Primary residence - tax implications
As noted in another post, I'm considering renting out my LA condo, which will be cash flow negative in the range of $500/mo. I bought the house for $320k with 20% down, did a cash out refi recently and got a new $420k...
Christian D.
Sound plan to convert current home into rental?
Hi All!I'm very excited about getting into RE investing and would like some help with a plan to actually make it happen! I'm still in the learning stages, but my desire to get "into this" isn't new. The goal for some ...
Robert Joiner
First Mobile Home Wholesale Opportunity? or Tire Kicker?
Got a call today from an older lady that saw my "We buy houses" Craigslist Ad. Told me she's interested in selling the home fast as she has plans on moving to Oklahoma by her sister. She's tired of the upkeep and her ...
Account Closed
Response to Letter leads to possible short sale.
Hello Everyone, I recently moved to Racine Wisconsin with my business partners and we wrote a few letters to some homeowners of abandoned properties. We received a call today and the sellers are willing to sell us a p...
Kevin Forrester
Hello
My name is Kevin and I'm not really a real estate investor. I am however a professional in the markets. With the real estate market in a kind of doldrum this may be a good opportunity to consider investing so I look f...
Kama Ward
Trip to buy kitchen, can I add to basis?
I took two trips of approximately 300 miles each round trip to buy my kitchen cabinets/sink/counter tops. Can I add these trips to the basis of my rehab?
If so, how do I calculate that? Miles or actual? Can I figure ...
Jacob Hebert
How to value a fully parked-owned MHP (w/ new units)
I'm working on a valuation for a small 16 unit MHP we will be listing. The seller bought the park with a few existing units, made improvements to the park, filled the remaining lots with new homes over the last year ...
Steve Elling
Seeking input or advice
Fellow Landlordians,Looking for some advice, insight and expertise from you folks who have been dancing in the investment-home mosh pit far longer than I have.I own four rental properties in Central Florida, all singl...