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20 May 2024 | 13 replies
Make sure your financial modeling is SUPER conservative with a lot of stress tests.
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20 May 2024 | 8 replies
To fill a vacant mobile home park lot typically requires bringing in a home and selling it, while filling a vacant RV park lot simply means somebody pulls in their motorhome or travel trailer.Think of RV parks more like owning a restaurant (and the hands-on management that entails) while owning a mobile home park is more like owning a parking lot that rents spaces out monthly and is much more passive in management.Some people just prefer one business model over the other.
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22 May 2024 | 48 replies
We're interviewing tenants now, and are pushing rents above the modeled amount.
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19 May 2024 | 8 replies
So does anyone know if there are any property managers that manage properties in San Antonio where the model is rent by the room?
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19 May 2024 | 10 replies
However, I lack experience in the USA market.I propose a hybrid investment model where the lender provides 100% financing for all costs and becomes a co-owner of the property.
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19 May 2024 | 1 reply
Trying to avoid spending 2K on a brand new one as we may rehab the kitchen and replace all the appliances in a few years.This is the exact model looking to replace. https://www.geappliances.com/appliance/GE-24-Built-In-Gas-Ov...It was on sale but have not been able to find anywhere that has in stock.
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19 May 2024 | 4 replies
Thank you for your insights and for pointing me to resources that should be reviewed so I can build a model in Excel to evaluate this decision.
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19 May 2024 | 15 replies
I recently stayed at a place that used this business model in Nashville.
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20 May 2024 | 10 replies
Learn about financial modeling and how to analyze your deals.
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21 May 2024 | 58 replies
And not that I would use it, but I have yet to receive the $250,000/$500,000 pre-approval they promised for all in attendance.Glass half full, they did provide certain meals, a couple of cocktails and a guided bus tour of investment "opportunities", which they applied considerable pressure for offers on, one with a suggested "ARV" that was at least $100k above highly reliable AVM (automated valuation models) I have access to.Overall, I say stay away, unless their Funding Tour comes within driving distance and then only so you can see for yourself.