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13 July 2024 | 3 replies
I know for a couple of my STRs the management company uses the keypad system whereby they are able to set codes offsite for each renter and this is super helpful when working correctly.
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14 July 2024 | 15 replies
Super pretty but the water is cold and sharky, and it rains a lot.
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14 July 2024 | 15 replies
Hey Austin, totally can relate with you being from an expensive real estate market - I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.
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12 July 2024 | 3 replies
While I am not super well versed in the RV park syndication world (although Axia does own a couple within their first fund), in general more and/or higher fees = WORSE for LP.I would love to see more about this deal, but based on a quick scan here: https://www.parksandplaces.com/campgrounds-for-sale/ looks like average pricing is in $5mm range.$5mm PP = $250,000 acquisition fee, let's assume they are raising $2,000,000 in equity for purchase and upgrades, this means acq fee is really 12.5% of equity.Loan Guarantor Fee: $5mm purchase, let's assume $3.5mm loan.
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13 July 2024 | 13 replies
Also given how busy they are it’s hard to get one that’s good and not super expensive.
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12 July 2024 | 5 replies
Haven’t done this myself but I’m located in Beverly, MA and super curious about this.
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12 July 2024 | 8 replies
This seems super sketchy.
12 July 2024 | 8 replies
To be honest, unless your area has super relaxed laws, I would either negotiate the unit to be vacant prior to acceptance or just skip it altogether.
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15 July 2024 | 26 replies
May I ask… you made it seem like it’s super easy to get a loan as an LLC without any income history.
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12 July 2024 | 155 replies
These seem like super luxury so you’re charging how much per event/day/week?