I have a mobile home park in Idaho which will have an onsite property manager.

Commercial acquisitions or new construction?

@Venka Pulla It’s frustrating when a property manager isn’t meeting expectations, but transitioning to a new property manager is typically straightforward if you follow a few steps:Review the Management Agreement: Carefully read your current Property Management Agreement (PMA) to understand the termination process, including any required notice period.

The average sale price for all new construction homes in the Charlotte region was $488k as of December 2024, so nothing less than $1 million is 100% false.

This may be my first rodeo in flipping but not my first rodeo in construction.

I’m looking to invest in nearby areas, focusing on fix-and-flip projects and new ground-up construction.

Looks like I need to talk to my accountant, but I was hoping to have this squared away before talking to him.I realize I also have this problem with my property manager.

I do already have a construction crew run by a friend who fixes anything that needs attention before renting out.

When running your numbers, if purchasing a home that isn't new construction and less than $1MM, I would estimate 1% - 1.2% of the purchase price as your annual insurance premium. 

I've been receiving more quotes than in the past containing endorsements excluding coverage for condominium/PUD construction.