Manufactured Housing CommunitiesConcept: Acquire/develop 55+ communities with modern manufactured homesLocations: Along I-93 corridor (Plaistow, Salem, Windham)Partner Profile: MHC operator with NH experienceProjected Returns: 12-15% cash-on-cash with low turnoverDevelopment Partner CriteriaWhen selecting a local development partner, prioritize:Local Market KnowledgeMunicipal approval process expertiseRelationships with planning/zoning boardsUnderstanding of septic/well requirementsProven Track RecordCompleted similar projects in last 3 yearsReferences from local officialsNo outstanding litigationFinancial AlignmentWillingness to co-investTransparent fee structuresPerformance-based incentivesRisk MitigationEntitlement RiskPhase deposits tied to milestone approvalsPartner with local land use attorneyPre-application meetings with town boardsConstruction RiskFixed-price contracts with reputable buildersContingency reserves (10-15%)Third-party construction monitoringExit RiskPre-leasing programs for rentalsRelationships with regional brokersFlexible hold periods with refinance optionsNext StepsMarket Tour - 3-day property tour of southern NH countiesPartner Identification - Interview 3-5 qualified local developersSite Selection - Identify 2-3 potential parcels under contractFeasibility Study - Conduct 60-day due diligence on top siteSouthern New Hampshire's rural markets offer compelling fundamentals for investors who can navigate the development process with the right local partner.

The fee compensates the auctioneer for conducting the sale and can vary depending on the auction’s scope, location, and terms.Additional FeesBeyond the bid price, buyer’s premium, and auctioneer’s fee, other charges may apply:Closing Costs – These can include title search, recording fees, and escrow charges.Transfer Fees – Costs related to transferring ownership of the property from the seller to the buyer.Documentation Fees – Charges for preparing and processing legal documents.Attorney Fees – If legal services are required for reviewing contracts or resolving title issues, attorney fees may be part of the final amount due.These expenses vary depending on the property type, location, and specific requirements of the transaction.How the Final Payment Is ReportedTypically, the auctioneer reports the bid amount and any applicable buyer’s premium or auctioneer’s fee at the moment the winning bid is awarded.

That’s because the majority of the property components—roads, utilities, fencing, and other land improvements—qualify for 100% bonus depreciation.How It WorksWhen you acquire a property, we conduct a cost segregation study to break down the purchase price into: Land, Buildings, Infrastructure, Personal PropertyWhile traditional buildings are typically depreciated over 27.5 to 39 years, shorter-life assets—like water and sewer lines, electrical infrastructure, and roads—can be depreciated over 5, 7, or 15 years.

Tosta’s settlement is subject to court approval.The SEC's investigation, which is ongoing, was conducted by Kendrack Lewis and Melvin Warren of the SEC's Fort Worth Regional Office, under the supervision of Sarah S.

Take care of your properties by eliminating premises liability exposures, exceed the implied warranty of habitability standards;  be responsive and reasonable with tenants;  Screen and work with- licensed and appropriately insured contractors, property managers, brokers;  Use contract management to shift risks and defense; avoid your own conduct and conduct of others that arises to negligence. 

It's a good idea to discuss these aspects with tenants and possibly conduct a walkthrough to assess any potential risks in the rental property.You might also consider requesting a pet reference from previous landlords to better understand the tenant’s history with pet management.

Yes, you can contract your S Corp to manage your own properties as long as:You execute a formal management agreement.Compensation is at market rates.Transactions are documented properly and conducted at arm’s length.The IRS allows related-party transactions, but they must be substantiated to avoid disallowed deductions or recharacterization.3.

Just like with hiring anyone in an advisory capacity, it’s important to conduct your own due diligence which is what it sounds like you’re doing.

Given the way you’ve conducted yourself over the last few days, it wasn't easy to wait.

How do you ensure to conduct proper due diligence when purchasing a new site?