All Forum Posts by: Magesh R.

@Atanas Krastev what’s the Condo fees (or Hoa fees)?

refinancing and pulling out additional money when the rent hasn't increased substantially would depress ROE further down. You may also want to keep an eye on DSCR to make sure you are not leveraging beyond a comfortable level

Investment Info:

Single-family residence buy & hold investment in Denham Springs.

Purchase price: $200,000
Cash invested: $50,000

Brand new construction

What made you interested in investing in this type of deal?

The numbers worked. Brand new construction which should keep the repairs and capex out for a few years atleast

How did you find this deal and how did you negotiate it?

Through an offline friend

How did you finance this deal?

conventional financing

How did you add value to the deal?

NA

 Thank you

@Frank Rolfe Nice Analysis! I am learning MHPs myself. What are POH and TOHs?

The agent that I worked with for my SFR rentals at columbus, OH recently came up with some options on mobilehome/parks investments. While I am not new to REI, I am new to mobile home /parks investing. Are there any good books to start understanding this niche?

@Andy Zorychta nice and bold goal Andy! I have been looking opportunities in this area as well. Would you be open to connect and perhaps meet?

@Dustin Lauer can you please point me to the punta gorda and Nokomis projects? I’m interested in properties up to ft Myers

@Bryce Wade what kind of cash flow are you seeing in these areas? From whatever I looked at it seems very difficult even to break even. May be some subdivisions are better? I mainly looked in to Sarasota area

@Matthew Linton weekends are better for me