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3 December 2024 | 8 replies
I’d love to hear some perspectives from more experienced investors on what you think about the info below:$75k for a 5bd 3 ba manufactured home that rents out each room for $500/monthPros:Reliable tenant paymentsCheap purchase price relative to income generatedPotential for ~16% CoC ROICons:Long distance investment (requires property manager)Month-to-month leases per bedroom (& no deposits collected)Located in Utica, MS – not a thriving market for rentalsManufactured home – not sure this type of home will build equityUnsure what kind of tenants live here Hey Molly!
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2 December 2024 | 19 replies
I think prices vary depending on location but I pay about $10 mo.
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3 December 2024 | 4 replies
My other project years back was searching for active businesses to buy, at one time laundromats, many located downstairs in mixed use properties.
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5 December 2024 | 7 replies
Currently in negotiations with Singh Development Company to purchase my rental home (as in condition-renters moved out) located in Columbus, Ohio with Seller Carryback Financing.
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2 December 2024 | 19 replies
😂Plenty of lovely folks there, plus it's where Cannon Air Force Base is located, but we soon discovered that just having a base nearby didn't necessarily make for a lively real estate market.Shortly after that, we adopted our MUCHAS criteria:M - Near a military baseU - Has at least one college or universityC - Has a Costco or equivalentH - Has a hospital ranked at least as a Level II Trauma CenterA - Has a commercial airportS - Has a Sprouts (organic grocery) or equivalentThis has led us to look at often-overlooked markets like Lubbock, Texas and Augusta, Georgia.May be worth a look for you as well!
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6 December 2024 | 12 replies
I have found a couple locations that are in Zone "X" and the price is right.
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28 November 2024 | 9 replies
While it can be beneficial for spreading tax liability and estate planning, DSTs are complex, costly, and subject to IRS scrutiny, requiring precise implementation.
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5 December 2024 | 25 replies
Their team is knowledgeable, transparent, and always available to answer questions, which made the entire investment process simple and stress-free.I funded the rehab of a property located at 6012 Marsha Dr, Jacksonville, FL 32205, and they completed the rehab and closed the deal in just 48 days.
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3 December 2024 | 1 reply
Hi,I have a new property coming available, and a neighbor's retired parents are looking to move closer into the same neighborhood where my property is located.
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5 December 2024 | 2 replies
Hi all, My name is James and located in New York City.