With this set up, we were able to get a DSCR loan through Kiavi with only a few extra steps compared to an LLC.  

The Small Business Administration (SBA) offers a comprehensive guide to writing a business plan, which includes templates and examples that can help you get startedFor your marketing plan, consider identifying your target market, setting clear marketing objectives, and outlining your strategies for reaching potential tenants or buyers. 

Keeping it as one big space may set it apart from standard storage units, but you could also test demand with dividers for varied price points.

Those that leap too quickly are suffering from FOMO or trying to be like someone else, but if they do it when their foundation is not set, it makes for bad construction.

Ask the planning group to look at another subdivision plans and also ask the engineering firm for a similar set of plans to look through.  

The fed did lower rates more or less directly in 2008 when they started buying agency mortgage backed securities which sets mortgage rates directly.

You could even offer to help set them up on automatic payments). 

If the inexperienced investor knew how much work, effort, time, analysis, negotiation, organization, capital, and knowledge it takes to successfully find, identify, evaluate, and close on a property that fits the criteria that gurus falsely claim they see 100’s of every day, 99% of them would abandon their real estate dreams” and pursue ostrich farms, mink breeding, or setting up a “down line” to sell condensed cleaning products that their “upline” has an exclusive distributorship on for the southwestern quadrant of Bisbee, Arizona.  

You also have to set aside money for legal/accounting. 

These members attended multiple meetings where we helped and provided support—finding, strategizing, underwriting, and discussing their properties to set them up for success.But it’s important to note that our communication is transparent, and it’s easy to verify our records.