All Forum Posts by: Stephen Sokolow

Good morning. I am looking to network with any investors in the Great Falls, MT area. 

When building an ADU do you have to use an architect to make the plans or can the builder do that? I am looking to build an 800 ft ADU. I am anticipating cost of $150/sqft.

@Josh Edelman @Stephen DeThample Would you recommend any good resources to learn more about mid term rentals?

Looking for help. Would be grateful for any assistance any of you could provide. Here is my ask: Looking for people, investors (including yourself) or others in your network who would be open to exploring an opportunity to invest in Mobile Home Parks. I have an extensive Commercial Real Estate background as well as working currently as a COO is the nursing home management space.

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Looking to purchase this deal as a rental. It is in my local market in an area that is not a war zone but also not the best neighborhood in town. I would plan on holding this as a long term rental. The numbers look really good as far as COC return. I ran the numbers by property managers and they agree the income is achievable. Please let me know if I missed anything here. 

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*This link comes directly from our calculators, based on information input by the member who posted.

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*This link comes directly from our calculators, based on information input by the member who posted.

If anyone could take a look through my numbers I want to make sure I am not missing something. I used higher numbers than what was provided by the owner. I also think I was being conservative on capex and maintenance. The roof is 14 years old which does concern me a bit but I calculated in getting a roof inspection done on top of the main property inspection. 

@Corey Frank Wow I feel dumb. Making sure the analysis gets posted would be a great first step wouldn't it.? :) 

@Jon Reed not sure what you mean by that. Is there something more about the property I should have added that is not in the analysis? 

Try Andy Haeck at First Federal Savings Bank