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16 August 2024 | 20 replies
. $5 for a 5 gallon bucket full.
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17 August 2024 | 2 replies
I’m not aware of major plans for that specific neighborhood, but it does abut and is near very major planned and ongoing developments (Ybor Harbor, Gasworx, Ybor District, Channeside/Water Street).It will garner more interest as more progress is made on those developments.
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16 August 2024 | 20 replies
Michael, I've been reading about hot tubs and "hot" is in the name, but they can be cold water tubs too, so the temperature can be set as the season varies.
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19 August 2024 | 42 replies
You seem to be relying on second-hand stories to form a narrative that doesn’t hold water.
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17 August 2024 | 6 replies
An IRS lien, code violations (weed abatement, grass cutting, boarding windows-doors, and demolition costs), HOA fees, water- sewer bills all go along with the property providing the property has any of these.
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16 August 2024 | 1 reply
Right now we are seeing land taking some decent hits (especially what your selling) as disposable income is down and a lot of this land really has no way to be built upon because it lacks any source of water.
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12 August 2024 | 6 replies
But per lot it will cost roughly the following:$1,500 Electrical poles, meter installation $2,000 water taps and connections$5,000 grading and land prep$8,000 septic installation (assuming a 1:1 ratio of homes to 1000 gallon septics)$5,000 down payment on each home ($700-750 / thereafter per unit)$21,500 total set up x 17 = $365,000Ongoing expenses after development would look something this for POH model: $12,750 a month in mobile home mortgages (17 x 750 for PITI on each unit) $1,900 a month in land mortgage PITI (house) $3,000 a month landscaping$2,000 a month in reserve emergency fund$2,200 management$21,850 a month total expenses $262,200/yearOngoing incomes after development would look something this for POH model:$27,000/month ($1500 x 18 {17 mobile homes plus house})$324,000/year324k-262,2k = 61,800 net pre-tax profit or $5,150/month.Opportunities to reduce start up expenses: Bulk deals with the government or contractors for doing all the work at once (electrical, water, land grading, septic) Trade free rent for someone to mow and landscape (turning a $3k event into a $650 event every month).
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17 August 2024 | 17 replies
Even back then there were a lot of high rise hotels where you could get a decent condo-style room with hot water, cable tv etc for really cheap ($15-20USD/night).
16 August 2024 | 2 replies
We don't want to leverage it for the sake of leveraging it, but we are sort of treading water.
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16 August 2024 | 1 reply
If it was municipal water, I would bill the tenant back because the cost would be variable based on usage.