You control a 1.5M asset for $35k and get to live in an amazing location.

Where are you located?

Oftentimes the rest of our family can't make it so we just keep renting it and go somewhere else.I am thinking you will find that will happen as well.Can you tell us where it is located?

Over this time I have acquired my contractor team and have vetted them through my job as a property manager, figured out my strategy(Off Market/Deep buying) and location.

Purchase price: $450,000 Cash invested: $450,000 Centrally located near Shopping, Entertainment, Transportation and much more.

Do you invest in the Midwest or you're physically located there?

@Felicia NituConsidering the land in an area like Sycamore Square can only be bought at a premium, the ROI is not really accurate.A property in a good location in the Sycamore Square will cost you upwards of 1.5 million.

I have all three kinds of parks- LT RV, POH and TOH so can help with repair estimates but so much depends on location and access to reliable repair services. 

We then export this data into an Excel spreadsheet to review metrics such as average occupancy, daily rates, and annual revenue for that specific property type and location.We'll also look at the top-performing properties in the area and analyze the amenities they offer, their location, proximity to attractions/beach etc.

I’m planning to do this for 3 multifamily properties all located in MA, each ranging from 2 to 4 units.