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27 January 2025 | 3 replies
Phoenix contains a rare combination of elements that have created an outstanding market for distressed property investments, including the following:Cost Savings: Distressed properties are sold below their market value and enable investors to take hold of properties at a trifle compared to traditionally listed properties.Strong Market Fundamentals: Being among the fastest-growing cities in the country, Phoenix ensures a high demand in housing and rentals, hence good potential for resale or income from rentals.Value Creation Opportunities: Most distressed properties need renovations; thus, such situations present opportunities for investors to increase equity by adding value.Population and Economic Growth: Phoenix remains among those cities in the country which are attracting more and more residents and business; therefore, this presents good, long-term appreciation possibilities of property appreciation and income creation.Challenges to ConsiderWhile the rewards can be great, distressed property investment is not without its challenges.
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24 January 2025 | 6 replies
Also, providing value to others at a high level will pay off for you in the end if you stick with it.
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29 January 2025 | 68 replies
Sullivan recommends the cooperative ownership model as the ideal structure for MHPs what is stopping you from forming either a high or low equity co-op and purchasing the park from SCI?
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26 January 2025 | 5 replies
For the community development dept, you'll need proper plans (architect), site survey, permits, etc. when you're ready.
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13 January 2025 | 10 replies
Quote from @Marc Robinson: I have an off market opportunity. 30 pad trailer park, only 19 trailers currently on-site 17 with MTM tenants.
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1 January 2025 | 27 replies
Any tips or advice?
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29 January 2025 | 2 replies
., property management companies aren’t legally required to carry general liability insurance, but it’s highly recommended for protection against bodily injury or property damage claims.
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6 February 2025 | 3 replies
Gutters are a must, I would highly recommend installing them on your property if you dont have them already.
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13 January 2025 | 1 reply
It's 400 sqft and high end finishes.
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12 January 2025 | 8 replies
But just hating on wholesaling in a wholesaling forum is so unbelievably pointless. its not dead per se but it is starting to be regulated as it should.. oregon just passed their version. where to wholesale you now need a license and over site by the RE commission.. along with criminal back ground and a BOND.. and as we know not everyone can pass either of those with the bond being the tough one if you have bad credit your not getting a bond.