All Forum Posts by: Daniel Townsend

@James Marable it could be that you could use one investor per rental property thus funding multiple ones at the same time and not syndicating one giant property up front

@Chuy Gonzalez if I were the writer, I probably wouldn’t have quoted 1988 source material. Lots have changed in 30 years.

@Ryan Saulle beautiful work and I love the flooring choices!

@Hillary Fox thanks for the tip. I’ll check that out!

@Clint Shelley that’s interesting. In my area in Cincinnati, I see mainly not sheltered storage. There’s like 40 or 50 RVs on a fenced lot. That method seems pretty lucrative if someone’s paying even $30 or $50 a month. But I have no idea what that looks like financially.

Has anyone bought a lot to turn into RV/boat storage? Or bought an existing storage business?

Are they profitable? What kind of rent is charged two store large items?

I’ve been thinking about it but I know nothing about it. Thoughts?

@William Durel yeah that doesn’t seem to make much sense

@William Durel sounds like you left at the right time. Way to stick to your research. If the valuation you did was correct then you made the right call for leaving. I wonder if the AMV made it worthwhile to rehabbers?

@Daniel Molina thanks for the advice. I was planning on looking into my local REIA. Maybe I'll go that route first.

I want to start contacting RE attorneys to discuss what contracts are needed for fix and flip.

What questions should I ask or topics to focus on? I have no experience with attorneys but I want to start building my team.