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13 February 2025 | 13 replies
Connect with a housing coordinator if that position is available in your area and stay in contact with that person.
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16 February 2025 | 7 replies
To me personally as well I found it was more important for what I do to cultivate commerical bankers and those relationships so I could get access to bank rate capital and lots of it !!
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26 February 2025 | 7 replies
They don’t really spend any time teaching you how to raise capital or how HNW investors think.Also, they push the LP structure which doesn’t protect the GP who takes on personal liability (which we’ve heard from sources)Check out Capital School - a complete turnkey solution taught by someone that’s raised $2B with the help of others
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30 January 2025 | 62 replies
Good people gave me work, I learned more skill, more money, worked hard!
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26 February 2025 | 6 replies
@Megan Boyle I personally love investing in RI.
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12 February 2025 | 7 replies
Try a Google search for managers or look for an investors group in the area that can provide personal recommendations.1.
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9 February 2025 | 3 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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15 January 2025 | 9 replies
Take time to learn through military-focused resources like Military House Hacking or Active Duty Passive Income, and connect with other military investors online or on base.
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27 February 2025 | 5 replies
What challenges did you face, and what lessons did you learn?
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23 February 2025 | 2 replies
The land is tangible and the mobile homes are considered Personal Property and titled like a automobile.