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11 January 2025 | 13 replies
Use tools like AirDNA or Mashvisor to provide market data on projected rental income and occupancy rates, and make sure your lender works with appraisers familiar with short-term rentals.
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14 January 2025 | 5 replies
These properties can provide cash flow and diversification while qualifying for favorable residential loans.
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10 January 2025 | 4 replies
They often provide standardized lease agreements that comply with state and local laws.Additionally, many landlords use platforms like Avail, Zillow Rental Manager, or TurboTenant, which often include customizable lease templates that are state-specific.
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13 January 2025 | 17 replies
Did you underwrite if you would bring in investors (LPs) to help provide the down payment?
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11 January 2025 | 15 replies
Quote from @Steve Lehman: @Jackie LiuFirst and foremost the information that everyone has provided has been great.
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14 January 2025 | 4 replies
The violation - depending on your state - will provide a 'cure period' before eviction proceedings would begin.
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14 January 2025 | 8 replies
This implies residential units can be built at lower costs and provide better return. 11) adding an ADU to SFH can make the SFH fall under rent control.
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13 January 2025 | 9 replies
Connect with experienced investors, real estate agents, and financial advisors who can provide valuable insights and guidance.
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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!
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3 January 2025 | 12 replies
Personally, and what I would do for my clients, I would connect with a local community banker to discuss the property and see if their bank would entertain this type of financing (not all banks like doing this type of deal).