All Forum Posts by: Robert Blaine

Like the title says, what IRR are you looking for in order to be willing to invest in a deal and what markets do you look in? Curious to see how this breaks down across regions.

Working with spreadsheets on some potential SFH investments and keep getting caught up on the low IRR resulting from a conservative 0% appreciation. Do you all typically incorporate appreciation into SFH rental models?

Hey Stephen,

I grew up in Lake Mary and went to school in Sanford, so I'm pretty familiar with some areas. For a rental property, it seems that Lake Mary / Longwood are generally too expensive, so we might look more at Altamonte Springs, Oviedo, and Casselberry as well.  

Hey All,

After a couple months of research, my business partner and I are looking to make our first deal, which we'd be looking in the Central Florida area. We both grew up here and have some knowledge of Seminole County but were hoping to get some additional perspectives on the area. Would anyone be up for a call to discuss what's going on around here and where we might focus? Thanks!

Started looking at mobile homes recently as an asset class and was surprised by the vast array of prices. If prices are so different in 2 areas, then why not buy a cheap mobile home in a worse area (say a bad mobile home park) and move it to a nicer park (55+?)?

It would seem that would be a good way to force appreciation ($20K+) while only accumulating the costs to move up the place and renovate it ($10-15K?). Are there laws restricting this / too much headache?