Sorry about your experience.

Hi everyone,I’m looking to dive into the real estate market here in the Des Moines/Metro area and would love to connect with experienced investors, agents, or professionals who are willing to share their insights.I’m particularly interested in learning about your experiences in this market—what’s worked for you, lessons learned, and any advice you’d have for someone getting started.

While I know Brandon and his team has experience, the going in cap rate is very low for MHP (I was told mid single digit).

Some people need 2% above the borrowing cost (8% cost of hELOC you gotta then make 10% + etc) and others will want to double their cost of capital or 200% so it depends.Everyone's going to give you their anecdotal experience or what their preferences are so its good to hear it all and determine your own.

It’s all about finding the right lender with the experience in these types of unique deals.I sent you a message!

This has been my experience and I live in an ultra-competitive market.

Would love to connect and hear about your experiences as a realtor and investor.

I work with a lot of househackers and they're typically on the 12 month cycle, rinse and repeat.While the proposition of acquiring an investment property outside of your market in a "landlord friendly" state may sound appealing, i would recommend you stay local for now and househack another couple of properties over the next few years until you've got some more time / experience under your belt.you would need a management company to cover your property that is outside of your market which would not only take 8-10% of your gross it would also leave you a bit vulnerable to a property management company that you A.)know nothing about and B.)you won't have the experience or cashflow or proximity to deal with any headaches that may arise.i would recommend staying local and househacking your way along for now and then maybe hire a local property management company initially to work with your current/local properties to get a taste of what to expect if and when you begin investing outside of your market.

Ultimately, every applicant is a risk in one was or another, no one is 100% guaranteed or qualified, you could have the best applicant on paper screw you over, or even pass away, you just need to do research and use common sense in my experience.

My vision for CountOnCam LLC is to be a company that would like to provide a shared housing experience for women and children, immigrants, and low income families.