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8 January 2025 | 1 reply
First time buyer looking to purchase a multi-family as an investment property.
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13 January 2025 | 10 replies
When I worked as an MHP broker, if the park was on a lagoon, I could never find a buyer no matter how low the price got.
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5 January 2025 | 4 replies
Best way to find end buyers is to ensure it's well marketed - Professional photos, professional clean prior to listing, aggressive list pricing.
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20 January 2025 | 33 replies
Different buyer pools homeowner vs investors and the returns are definitely in the 4 units or in value adding the 2s.
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7 January 2025 | 5 replies
By 2030, we want to have grown a portfolio of over 100 units, created a property management company that manages an additional 100-200 units, and, finally (and most importantly), we will have established a non-profit that is focused on quality, affordable housing that specializes in providing housing and resources at/on the "services cliff" alongside financial counseling and first-time home buyer education in our target area.Our target area is the Springfield, MA and Hartford, CT areas with dreams to expand to Central Massachusetts (Worcester, MA), Southern New Hampshire (Nashua, NH), and Southern Connecticut (New Haven, CT).Would love to meet up with likeminded individuals in our area!
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3 January 2025 | 18 replies
I’d definitely want feedback after the showings, as you’d get first-hand information from prospective renters.
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11 January 2025 | 4 replies
Motivated sellers and distressed properties are more likely to surface.Creative Financing: Higher interest rates are opening doors to strategies like seller financing or subject-to deals, where you can secure more favorable terms directly from sellers.Shift in Buyer Preferences: With work-from-home trends still influencing housing demand, suburban and secondary markets are seeing strong growth.
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5 January 2025 | 4 replies
With rates high, I don't see much changing in the market as buyers struggle to afford a mortgage.
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5 February 2025 | 69 replies
At minimum, even if they don't have an update, keep a line of communication open with your buyers.
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5 January 2025 | 7 replies
@Kyle Carter just because a building has all section 8 tenants doesn’t necessarily mean that the cap rate will be higher on exit but it might attract a buyer(s) that are focused cashflow and not appreciation; therefore a lower price to juice the yield.One of my non negotiables if I were you would be to only buy in an area that is desirable.