Donald DiBuono
Mobile Home Park Development
12 January 2025 | 12 replies
I have a vision of building and developing mobile home communities in upstate NY that are vertically integrated to allow future members to choose from a catalog of homes, have them installed, provide them with financing options, and make the process of selecting, buying, and living in the community very smooth.Since this is my first time doing this, I would love to chat with an experienced mobile home developer on the following items:Zoning - navigating the zoning process to allow the community to be allowedStart up costs - I am a finance person who would love to better understand start up costs - septic / electrical / water / pads / roads / etcOn Going Maint Costs - in building our business case, I want to build a conservative financial model to capture all re-occurring expenses - utilities, landscaping, capex, septic clean out, etc.I know this is a lot, but would greatly appreciate talking to someone who is an expert in this asset class!
Zhong Zhang
a multifamily investment case analysis
16 January 2025 | 5 replies
I mainly want to ask if these assumptions are reasonable and if there's anything I haven't considered:(1) multifamily units in NJ close to New York City, ~$1,000,000, 20% down payment, (2) Using the following assumptions: 4% appreciation rate, 6.5% interest rate and 5.0% refinance after 5 years, $10,000 yearly maintenance fee(3) ~$6,000 monthly rental and assume 3% increase yearly with 5% vacancy rate(4) Based on the above, the calculated IRR if selling at the 10th year is ~19% (considering tax benefits) and ~17% (without tax benefits).
Brandi Jefferson
Hi! I'm happy to finally join the community!
16 January 2025 | 20 replies
Rodrigues' recommendation may change this), but my next question would be, are there any cities/markets where 1 of the following are true: 1) You have family/friends that live there, 2) You travel there frequently (either for vacation, work, etc.), or 3) Somewhere else you've lived before AND know the area well?
Jorge Abreu
Selling Properties with Transparency and Maximizing the Sales 📈
11 December 2024 | 1 reply
When staff members are well-informed, they understand the situation better and can assist in the transition process.Throughout my career, I have followed these principles of transparency when selling properties.
David To
California call for class action lawsuit on Eviction Moratorium
14 January 2025 | 329 replies
You can google and follow it's action.
Marie Copul
W2 Income +500k - What's the best real estate investing strategy for me to scale?
6 January 2025 | 25 replies
And at that point its not easy to un-invest - takes longer than to quit a job for sure.I think most of us have followed their passion.
Lilia Matlov
Risks and Opportunities Coexist
11 January 2025 | 4 replies
I would say the real estate market in Florida is Risky.4 - If you follow the navigation and growth trends you might be able to get ahead of the next opportunity wave.
Account Closed
Due On Sale Being Called!!
13 January 2025 | 41 replies
I am having trouble following you can always send the money to an insurance company.
Andrey Shostak
What kinds of calculators would people find useful?
12 January 2025 | 7 replies
Will follow up to get more details on your idea!
Tom Ochieng
Inherited tenants questions
15 January 2025 | 3 replies
It might be worth a follow-up closer to the move-out date to confirm their plans, but avoid excessive contact to prevent escalation.