I recommend researching the average appreciation over the past 10 years in your target area to get a clearer picture.As you know, in real estate, ROI comes from multiple sources: Home Appreciation:  Reno Appreciation: Value added through renovations or improvements (usually just in the first year).

The more rational you are, the better the outcome.Practice and LearnLike any skill, negotiation improves with practice.

Instead, focus on improving your marketing and responsiveness.

I appreciate the insight that you and John offered regarding the lack of value in the business itself and strictly the land + improvements.

However, after renovations, the numbers improve significantly, and the challenge lies in bridging the gap between current and future performance.Expenses typically run at a 30-50% expense ratio for mobile home parks, depending on management and infrastructure conditions.

And you need to keep detailed records of all repairs and improvements.

The construction seems slow and could last up to a year.Here are my questions:1.How can I cover or conceal the metal screens to improve the appearance?

Here's the key components to calculate your tax liabilityAdjusted cost basis - Is the purchase price, plus capital improvements, minus depreciation.

Hi everyone,I’m looking for some guidance on improving the performance of our short-term rental, and I’d really appreciate your insights.

My goal for 2025 is to ask for feedback from clients to improve our onboarding process.