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30 March 2018 | 13 replies
If your current family/living situation will allow it the path of least resistance would be to owner occupy a 2-4 unit property.
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20 April 2018 | 42 replies
Cash/Deposit for Keys is the path of least resistance.
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3 April 2018 | 18 replies
In many ways It is slowly following horrible California examples, but it’s resisted most of its real estate ideas.
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30 March 2018 | 2 replies
But most that use your water usage will use your wet weather usage to try and minimize any impact from irrigation.
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29 June 2019 | 4 replies
Pros:Strong cash flowMajor affordable housing shortage in the countryBarrier to entry - zoning prohibits new parksPride of ownership - the residents own the homeLower operating costs - the residents own the homeLower touch - the residents own the homeSticky residents - costly to move a homeEasy to raise rents - costly to move a homeRecession resistant asset class - affordable rentLarge private equity funds are entering the space - drive prices upMom & pop ownership - opportunities to improve NOI and valueLower entry cost per door - less capital neededCons:Not sexy - smaller resale pool (but that's changing)Stigma - some counties try to stop operations (poorly operated parks, criminal activity)Stigma - some people don't want to live in oneLower credit quality residentLess appreciation potential, unless forcedNiche investment - helps to have scale to properly operateMany banks don't understand it - tougher to financeOlder assets in many cases
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30 March 2018 | 2 replies
Make sure to have a plan of how you're going to weather the potential storm and you'll sleep better and not be in trouble during hard times.
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2 April 2018 | 1 reply
However, shortly before I made the jump, I was offered a job in my family’s business that I couldn’t resist.
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2 April 2018 | 10 replies
I understand the weather has been disruptive, but maybe they could have cut their fees in order for you to cash flow a bit.I would vet his company to see how they perform on the sell side.
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2 April 2018 | 14 replies
A little off topic but I've always wondered, is one paint brand more durable or stain resistant then others?
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1 April 2018 | 7 replies
We try to keep 100k available among our accounts to cover anything that comes up so we can weather the storms (but we also are nearing 50 properties).