
27 July 2024 | 7 replies
One of the best things you can do is to network with other MTR investors and operators.
26 July 2024 | 3 replies
In my operating agreement for LLC B, I specifically state the managers/members of LLC A have full authority to make decisions, execute contracts, etc, but there is no explicit personal info listed for LLC B.

27 July 2024 | 16 replies
So, have them review all documents, including the Private Placement Memorandum (PPM) and operating agreement.

27 July 2024 | 4 replies
As someone who operates in the Pocono area, both as an investor and leading a team of agents, we can provide some insights.

26 July 2024 | 1 reply
‼️ 𝐈𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭 𝐀𝐧𝐧𝐨𝐮𝐧𝐜𝐞𝐦𝐞𝐧𝐭 𝐟𝐨𝐫 𝐒𝐞𝐯𝐢𝐞𝐫 𝐂𝐨𝐮𝐧𝐭𝐲 𝐑𝐞𝐬𝐢𝐝𝐞𝐧𝐭𝐬 ‼️Sevier County is announcing new operating policies for its 11 County Convenience Centers, effective August 26, 2024.

30 July 2024 | 37 replies
I still would file a complaint with the Ohio Real Estate Commission though, bad operators like this do not belong in the profession.

26 July 2024 | 0 replies
See attached Excel summary sheet.Investment Highlight89% Physically OccupiedSupply Index in a 3-mile radius of 6.8 SF/Capita, 5-mile radius of 7.7 SF/Capita, and 10-mile radius of 8.3 SF/CapitaAdditional Income generated from 4 mobile home lots and 1 mobile home (Not Verified, as thus not included in underwriting assumptions)Key Underwriting AssumptionsDown Payment 25% of Purchase PriceEstimating a CAPEX/Repairs cost of $150,000Estimating Operating Reserves of $10000Stabilized Vacancy and Concessions/loss to lease at 10%Using a cap rate of 7.23%Key Demographic DataTotal Square Footage 21,130 Supply Index: 6.3Population 3,338 1 Yr.

26 July 2024 | 4 replies
I'd look into Air BnB, VRBO, Furnished Finder, PadSplit, and perhaps even booking.com (I know a lot of STR operators use this, not sure of MTR potential but worth checking out).

27 July 2024 | 16 replies
Anything currently operating as a STR is generally overpriced in my opinion.
29 July 2024 | 40 replies
I have a margin that I operate on, period.