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5 February 2025 | 13 replies
Most of those old houses with the upstairs ceiling rooms are just about 7 ft in the middle of the room but they go down to as low as 3 ft.
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5 February 2025 | 9 replies
*Look for properties where you can gain immediate equity by buying at a low price.
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30 January 2025 | 5 replies
The program is designed to assist low-income families, and these benchmarks might exclude a lot of qualified people.That said, the requirement for stable rental and work history is reasonable, but you might consider relaxing the credit score or income requirements since Section 8 guarantees a portion of the rent.
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3 February 2025 | 79 replies
You can have an increase in population and still have a low demand for rentals or a low enough demand that rental rates do not outpace T&I for awhile.
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2 February 2025 | 2 replies
They said that was too low for them, so I offered $175,000 and they accepted.
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13 January 2025 | 15 replies
Just be sure to choose a lender offering non-Dutch interest on the rehab funds, meaning you only pay interest on the rehab portion if you actually draw on it.
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3 January 2025 | 7 replies
A HELOC is probably going to be at least 8% right now, so would you be making more than that on your money if you choose to take out a HELOC to fund the work?
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23 January 2025 | 2 replies
These range low 500s to the mid 600s.
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21 January 2025 | 2 replies
Low barrier to entry, low taxes, landlord friendly, some amazing class A and B suburbs and a strong urban core.
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12 January 2025 | 12 replies
I have a vision of building and developing mobile home communities in upstate NY that are vertically integrated to allow future members to choose from a catalog of homes, have them installed, provide them with financing options, and make the process of selecting, buying, and living in the community very smooth.Since this is my first time doing this, I would love to chat with an experienced mobile home developer on the following items:Zoning - navigating the zoning process to allow the community to be allowedStart up costs - I am a finance person who would love to better understand start up costs - septic / electrical / water / pads / roads / etcOn Going Maint Costs - in building our business case, I want to build a conservative financial model to capture all re-occurring expenses - utilities, landscaping, capex, septic clean out, etc.I know this is a lot, but would greatly appreciate talking to someone who is an expert in this asset class!