Park Hill Golf Course was owned by a trust, in the wayyy distant past it was previously a dairy farm, but it has been operated as a golf course since the 1930's!

Hi BiggerPockets community,I’m new to real estate investing and currently running a remote operation to help connect investors with distressed homeowners and foreclosed properties across various markets.

It may surprise you, but we have always operated under the premise that renewals make us more money than new leases.

As for one of my other operators, I am invested into REM in 3 different deals.

Property owners remain responsible for operations and maintenance, only because they retain full ownership.

On top of that, hiring tribal members for construction or operations could qualify for employment-related tax credits.

In that case you will need to analyze the comps, and keep in mind operating two units on one property can bring other costs and operational issues.2.

In our area, it is rare to find a gas station where the real estate is owned by the operator.

Here are the numbers:IncomeTotalPartner ContributionsManaging Partners Debt$0.00Partners Deposits$987,459.99Total Contributions$987,459.99Operating IncomeAirbnb Income$50,186.50Square Income (Vehicles or add-ons)$6,741.04Total Operating Income$56,927.54Total Income$1,044,387.53ExpensesPurchase of propertyCost of House-680,000.00Closing Costs-$26,744.44Total Cost of Purchase-706,744.44Set Up ExpensesHouse Improvements & Care taker home addition-116017.03Adding Tiny House-52130.83Furnishings-68403.65Vehicles-43150Set Up Costs and Advertising-2339.53Total Cost of Set Up-282,041.04Operating expensesCare Takers-14535.9Additional Cleaners-1505Cleaning Supplies-2670House Supplies-1340Landscaping-4230.66Utilities (Power & Water)-8204Internet-315Pest control/fumigacion -120Pool cleaning/maintenance-2220Vehicle Gas-552.3Vehicle Maintenance and Repairs-6625.01Welcome Food for Guests-115Property Repairs-4999.64Bank Fees-1208.06Accounting Fees-1085Insurance-955.74Other Expenses-1071.2Total Operating Costs -$51,752.51Total Expenses-$1,040,537.99Net Income$3,849.54Net Operating Income$5,175.03Now 5k for an investment of 970k is not a good investment.  

Hi, we are a small operator with 14 doors and Grasshopper told us we can't send texts anymore because we don't have a website.