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17 October 2024 | 20 replies
They are properties circulated to long lists of unsophisticated buyers and if you are the highest offer you’ve likely outbid a bunch of prospective buyers who underestimated their improvement costs or overestimated their ARV while most likely proceeding without the ability to perform normal transaction diligence.
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18 October 2024 | 11 replies
And now we also have better marketing in place on socials and a have a direct booking site, plus we are open all year long so word of mouth is improving.
12 October 2024 | 6 replies
Throw in a dose of imposter syndrome and fatalism and you have a recipe for some mood swings right before a property is booked again.From a practical point, I would recommend great photos, a clearly defined target to whom you are advertising and understanding the best pricing of an area really well to ake sure you get booked in a timely fashion.From a more meta perspective, be aware that these listings don't typically get booked well in advance (families displaced by flood or fire, traveling nurses who need a new contract ASAP, and construction projects that realize they need a speciality engineer on-site RIGHT NOW don't book ahead).
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17 October 2024 | 19 replies
You can always request Medical Documentation: Request documentation of her medical situation and a letter from her doctor to make sure her condition will improve and ask if she is up for taking care of the property while she is recovering.Check Her References: Contact previous landlords for references to get a sense of her reliability as a tenant.Lease Terms: You can always start with a 6 month or a 1-year lease option if you have a good idea of her overall health condition.
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16 October 2024 | 15 replies
We are still using Launch Control and its improved slightly.
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16 October 2024 | 5 replies
I would assume the actuals are not actual because it's showing 100% occupied for all 12 months.Capital improvements fall below NOI, and do not affect property value.And I think you need to have some type of debt to calculate a purchase priceGino
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15 October 2024 | 8 replies
After a few years they will figure out what you are doing and one of them will view it as an opportunity to improve their service to keep the contract while the other two get offended.
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15 October 2024 | 1 reply
We have worked on improving the physical appearance and infrastructure of the park, updating the homes, getting a new sign, advertising it online, and creating a website (www.shadyacreshuntington.com).
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15 October 2024 | 3 replies
We’ll only consider additional debt when it maximizes liquidity or improves risk-adjusted returns.
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15 October 2024 | 8 replies
Pencils have been down and large investors have been focused on cutting costs, increasing renewal rates and improving operations.