Charlie Rushton
How to evaluate or buy an RV Park
20 May 2024 | 8 replies
In diligence, compare the prior annual revenue to the reality of electrical usage (come up with a constant of power cost per day per occupied space and then take the actual power bill and see roughly how many occupied units you have).Much of RV park and mobile home park is 100% overlap: how to find them, negotiate them, do diligence on them, renegotiate them, finance them, turn them around and operate them.
Eryn Garcia
College student rental pros and cons
20 May 2024 | 13 replies
You can rent by the room, which can maximize rental income.Parent Guarantees: Many student leases involve co-signers, usually parents, which can provide additional financial security.Low Vacancy Rates: Due to the high demand, vacancy rates tend to be low, especially if the property is close to campus or in a desirable student neighborhood.Flexible Lease Terms: You can structure leases to fit the academic calendar, which means you can adjust rents annually based on market conditions.Cons:High Turnover: Students typically stay for shorter periods, leading to higher turnover rates.
Samuel Abebe
How to find Seller financed Buy & Hold SFR property in Metro Atlanta!
22 May 2024 | 15 replies
That's a 488% ROI in 5 years, or 42.53% annual cash-on-cash return.
Mike Clark
Land purchase and solar farm
20 May 2024 | 2 replies
Someone could purchase at 600k, make a very safe annual 6% ROI (and escalator above that every year) plus have the base property appreciating at the same time for resale later.
Stuart Udis
Don't Dismiss Investment Opportunities Listed on the MLS
21 May 2024 | 19 replies
All facts, figures, and numbers must be verified such as verifying the HOA fees or the annual property taxes by looking at the city's website.The MLS offers a place for agents, buyers, and sellers to go so there is tremendous value there.
Brett Wahl
Getting back to it
20 May 2024 | 5 replies
What if you're a cardiologist with no debt and making $250,000 annually?
Chase Cline
Should You Form a LLC for Each Individual Rental Property?
20 May 2024 | 88 replies
You should have 100K or more in equity to protect before it makes sense to spend that money - compare that with how much you spend in annual insurance for the same property/equity.3.
David Chwaszczewski
Setting up a eQRP vs. SDIRA
21 May 2024 | 138 replies
Anyone that buys/sells a QRP document without awareness of the compliance factors and does not engage/provide ongoing support for annual testing and compliance is being reckless.To the non-initiated, "Safe Harbor 401k" is just a plan design that's exempt from lots of QRP non-discrimination testing.
John C.
New to Investing and Trying to get Started in Multifamily & Other Like Investments
19 May 2024 | 7 replies
I have a lot of investors that buy in TN for example and the taxes in some counties are crazy low $400-$600 annually.
Matthew W.
How do I calculate ROI on a rental on something I bought over 20 years ago?
18 May 2024 | 11 replies
Using 25% or $84k as an assumed down payment ($335k x 25% = $84k) and $24.5k of appreciation per year ($825k current value - $335k purchase price = $490k appreciation / 20 years = $24.5k per year appreciation), you have an annual return of 29% on appreciation alone ($24.5k appreciation / $84k down payment = 29%).