The WealthAbility Show with Tom Wheelwright, CPA cover image

The Sexiest Real Estate Investment

The WealthAbility Show with Tom Wheelwright, CPA

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Mobile Home Park

If you put down 30 % of three million, you put down 900 thousand dollars and got a two million dollar depreciation deduction. That's like, more than double your investment as a depreciation deduction. I don't, frankly, i just, i don't know anywhere else you could get then. The low hanging fruit would be something where we can go in and bring rents up. To market a, you'll fairly quickly write that that's very low, easy hanging fruit. A another low pic o, lowanging fruit would be very commony. When these communities were built, 20, 30, forty, 60 years ago, wateran sewer just wasn't a very significant expense.

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