Your coworker will sell is 30% annual ROI property?

On the RVs you’ll want to know how long those people have been there, do they pay annually or do they only stay for the 3-4mo “season”, if seasonal do they pay a premium versus the annual, are sites open for short term stays (daily/weekly), how are the surrounding RV parks occupancy...The longer the term the easier to manage, less of a business.

Some brokers charge an annual fee and you can do as many transactions are you want. 

True Costs:Points right now are anywhere from 2-4 (1 point equals 1% of the loan)Lets say 3 points, 130k x .03 = $2,600 due at closing along with down payment, interest, taxes, etc.Lets say you pay 12% interest, so annualized that is 1% of the capital you currently have out.

Does anyone own rental property in Bonita Springs (in the area of the attached pic) who can share how much they are paying annually for home insurance including flood insurance and if you getting good returns in that area.

There are around 220 units under management with nearly a 1:1 unit-to-client ratio (which helps negate concentration risk), and the annual revenue across all sources is approximately $600K.

Okay, let’s see how these same properties work for them, assuming everything else is the same:Essentially, they’ve created a $30k annual earned income on these 11 properties, which can be used to pay executive salaries, and passed on to shareholders as dividends—and they’ll earn another $300k in capital gains if nothing extraordinary happens--and remember, AH4R alone has over 50,000 homes in 22 states.It sounds like a license to print money.Risks do exist for these REITs, though.

Libby Wolfe Ned hit nail on head - a scratched floor has no effect on the habitability of the home and no way would I replace the floors or refinish them.Worst case go to Home Depot and buy the filler that is a pen and fill them in for the time being.

They charge 9% monthly, but their annual fee structure is designed to incentivize them to keep tenants more than one year.

Owner is trying to sell since he is older and looking to retire. 100% occupied with leases through December of 2018-Purchase price: $105,000-Monthly rent: $2250-Annual Tax: $1154($96.00monthly)-Annual Insurance: $ 1275( $106 monthly) -Property Management : 8% $180.00 monthly-Rents are currently about 10% below market value.