Reggie Nworie
Solo Investing vs Partnerships: Weighing the Pros and Cons
15 February 2024 | 2 replies
Workload: Solo investors bear the entire workload, which can include initial acquisition, property renovation, property management, and refinancing or reselling the property.
Logan M.
Buying 12 new MHP Communities in 2024
14 February 2024 | 25 replies
This year I have set a goal to acquire 12 new communities.Currently, we have 8 communities but last year we acquired 4 new communities.A lot of my time is shifting from day-to-day operations to acquisition of new parks.The ways I am going to find these communities are:1.
Ringo Yip
Sharing your experience in investing in Alamaba
17 February 2024 | 11 replies
However, the After Repair Values (ARVs) of the newly renovated properties seem to be not very high, mostly in the range of $115K - $130K.
Julie Gates
Commercial loans are SOO 5 minutes ago. The DSCR loan is the new Black
16 February 2024 | 1 reply
Banks are typically quite flexible with shorter lengths of time (I have managed to get a commercial loan with a 7-year amortization without a balloon or a rate reset, but these loans are rare and quite painful as the payments are high).
Nehru Raju
Negative Cash flow on Second property
15 February 2024 | 8 replies
Toss in yearly hoa increase etc and you will never get that appreciation to cover back up your acquisition price plus negative cash flow
Account Closed
Property Investment Summary: 7672 Bernardo Dr, Riverdale, GA
16 February 2024 | 1 reply
Below is a detailed breakdown of the investment, costs, and outcomes:Location: Riverdale, GA, an area with potential for growth and increasing property values, making it an attractive target for real estate investments.Purchase Price: Acquired for $70,000, this property was identified as an underutilized asset with a high potential for value increase through targeted improvements.Renovation Costs: A total of $38,000 was invested in renovations.
Lizzie Visbeen
Building in Steep Slope/Protected Ridge Zone
16 February 2024 | 0 replies
Has anyone built a house on a lot that was a Steep Slope/High Elevation/Protected Ridge zone?
Milind Torney
Financing for investement property (newbie question)
14 February 2024 | 19 replies
If you have an 800 FICO, low leverage, and high cash flow, the rate should be a little lower.
Paula Reavlin
Residential Realtor in Los Angeles, CA
14 February 2024 | 3 replies
Best of luck with your future acquisitions in the area.
Puneet Pal Singh
Is it good idea to invest in Toledo, Ohio Area?
16 February 2024 | 60 replies
Toledo has a declining population, low incomes and high poverty rate.