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19 June 2024 | 17 replies
If you want 10% returns you might have to look in another market, but if you want to park some money in a solid property, as long as it generates enough to break even after all expenses, taxes, etc. to allow you to hold on to it for 5-10 years I'd bet it will do better in the long run than a 10% cash flow property in a lower end market.
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17 June 2024 | 3 replies
Yesterday, I posted about 5 tips for new investors and multiple comments were to go more in-depth so I will start with my first tip, Every Market has deals.I will give a few examples:In 2023, I bought four Mobile Home Parks.
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17 June 2024 | 2 replies
You can always check with park managers and owners in surrounding mobile home parks as well as mobile home dealerships.
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17 June 2024 | 10 replies
Furthermore, what if there is a dispute over parking between the two?
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17 June 2024 | 8 replies
I think 50-150 units is no mans land and we stick to institutional level sized deals. his underwriting is too simple. the unit mixes are off we only build studios and 1 beds for fast absorption, the deal is also under parked without a parking study. anyone who uses "roughly" in their analysis isn't sophisticated enough. we underwrite rent growth, asset growth, and a million other assumptions this wouldn't pass any people I know who invest in deals. get with a More experienced operator and read more sophisticated underwriting. 400k per door new construction is crazy. how much is the land?
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17 June 2024 | 4 replies
No outdoor firepit (banned on the lake beaches except for parks), fishing is easy (squawfish are all over our beach area plus panfish and the occasional trout).
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17 June 2024 | 5 replies
There are a ton of early morning joggers w/ dogs near the lake at S Park Blvd and there is a plaza that's not bad.
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17 June 2024 | 9 replies
Try SoSA district, Paseo, Jefferson Park, Uptown, Wheeler, Plaza District etc if you are specifically looking for SFR.
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16 June 2024 | 23 replies
Mix: equal parking 20/30/40 foot spaces.
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16 June 2024 | 15 replies
Parking and the number of occupants must not exceed the limits set forth in the Certificate of Occupancy or the TPLE license issued by DBPR.