Author: Tommie

  • Understanding the Master Lease

    Understanding the Master Lease

    In commercial real estate (CRE), both a master lease option and a master lease agreement are strategies that allow an investor to control a property without immediately owning it. However, they have some key differences: In a Nutshell Master Lease Agreement Master Lease Option Here’s a table summarizing the key differences: Feature Master Lease Agreement…

  • Running the Numbers

    Running the Numbers

    tldr: Ever wanted to know quickly if a deal will pencil out? See my spreadsheet to start. Real estate investing can be incredibly rewarding, but it’s also a significant financial undertaking. Before diving headfirst into your next Commercial Real Estate (CRE) purchase, it’s absolutely crucial to run the numbers. This involves a thorough financial analysis to…

  • Mobile Home Tax Primer

    Mobile Home Tax Primer

    Are interest payments on (mobile) manufactured homes tax deductable? What about sales or property taxes? Like most things – the answer is – it depends. The following information is educational but subject to change and is certainly incomplete. Consider this as a starting point for discussions with a tax professional. State and Federal tax laws…

  • FHA? For Mobile Homes?

    FHA? For Mobile Homes?

    FHA Programs for Mobile/Manufactured Homes in California Yes, there are FHA programs available for purchasing mobile homes in California. The Federal Housing Administration (FHA) offers two primary programs:   1. California Home Loans – eLEND www.elend.com FHA Title I Loan Program FHA Title II Loan Program Looking for Down Payment Assistance Programs in California? California…