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16 January 2025 | 9 replies
I would also encourage you to look into the house hack space.
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12 January 2025 | 7 replies
Beyond that, networking with other investors in the mobile home park space could open up some doors for partnerships or additional funding ideas.
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17 January 2025 | 9 replies
I've often found that just going right to the expert in the space is going to be the most direct source of info.
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12 January 2025 | 3 replies
McKinney is thriving, but so are other parts of North Texas, and a broader perspective could reveal other great opportunities.Here’s what I’ve observed managing a significant number of rentals in the area:Bedrooms and Layouts:3-bed, 2-bath homes consistently attract the largest pool of tenants and have the highest occupancy rates.4-bedroom homes have grown in demand, especially with the rise of remote work, as tenants look for extra space to use as a home office.Square footage is less critical than number of beds and baths.Supply and Demand:McKinney’s growth is driving demand, but the quality of the location matters greatly.
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7 January 2025 | 20 replies
My education background is in computer science, mathematics and some corporate finance, as well as have some internship experience in the quantitative finance space.
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23 January 2025 | 26 replies
My opinion is to invest in the S&P unless you are willing to spend a substantial amount of time learning the space.
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5 January 2025 | 4 replies
Find parks in the area that have open spaces for mobiles then negotiate with the park owner for 6 to 12 months free space rent or for them to pay the moving costs.
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6 January 2025 | 9 replies
I was just hoping to transition it into LTR and since we have newer furniture that fits the space well, it just seemed a shame to sell it all to do an unfurnished LTR, but again, I'm having a hard time understanding how logistically some of the details are worked out with that with furniture involved in an LTR.Thank you again for the support!
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19 January 2025 | 11 replies
That might include things like adding units, converting commercial space to residential, or finding ways to boost income (like adding parking).The key is recognizing opportunities while walking the property, and that takes experience.
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29 January 2025 | 19 replies
I certainly don't want to get into the business of being a "bottom feeder" that takes advantage of people, but if there is space in the industry for someone to help people in your situation while making a fair profit, I wouldn't mind learning more and getting involved.If interested, message me.