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23 March 2024 | 4 replies
You posted tenant is $2000 behind because you don't have TIME or EXPERTISE to properly manage.Then you complain about the cost for an expert to do it right.You are focusing on what you are losing NOT on what you are gaining!
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23 March 2024 | 2 replies
All I know is I'm just looking for strategy help/expertise and not for a company to manage my investments/funds who preferably charges a flat fee vs a % of my assets.
24 March 2024 | 25 replies
With a good agent (good being the operative word), you're paying for experience and expertise.
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26 March 2024 | 34 replies
However, you accountant should be building you the model with/without accelerated.
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23 March 2024 | 0 replies
Share your assumptions below for a tailored model and insightsNeeded: Rent, Rental Growth, Occupancy, Interest Rate, Loan Amount, Property Tax, Maintenance Expenses, Purchase Price, sum of all Closing Costs (including commission), HOA Fees, and Renovation Costs.
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23 March 2024 | 8 replies
I intend to gradually develop the park by acquiring used mobile homes for around $10,000 each, relocating them to the site, and performing minor renovations.To make the venture sustainable, I'm considering implementing a rent-to-own model, with the ultimate goal of transitioning to a Tenant Owned Homes (TOHs) setup with $300 lot rent.
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22 March 2024 | 7 replies
Last year we bought a park model home and updated it.
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22 March 2024 | 4 replies
They undoubtedly overpaid for the homes which were bought by the least savy homebuyers who have now got into trouble/overleveraged and need to cash by selling a portion of their equity in the first place, thus NADA's positions will likely fall faster than the overall market as they have this intrinsic flaw of no price discovery in their methodology. so either NADA makes out like a bandit by fleecing stupid Americans (not a unique business model) or NADA bought overpriced homes near the PEAK, since they just started business in late 2021, and they will incinerate your investment better than Cathie Wood, I'm getting my popcorn ready to watch this %&*@show :)
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22 March 2024 | 5 replies
Here is a model I built for tracking purposes.
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22 March 2024 | 0 replies
For real estate investors, the WeWork saga underscores the importance of grounding investment strategies in realistic financial models and market demand.