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12 February 2025 | 0 replies
This allowed Jerry Scott and Chad Wolfe to focus on the execution of the project without needing to invest their own capital upfront, ensuring a streamlined process from start to finish.
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3 February 2025 | 5 replies
As you look to scale, just make sure to hold/build reserves for when repairs come up and take your time screening tenants as you will find a vacant unit is much less stressful than dealing with a bad tenant.
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29 January 2025 | 5 replies
But, these broad market studies are so large, they are almost meaningless, in the real world.Between glut of new supply in many "hot" markets coming online, a continually softening economic outlook, inflation over last couple years making day to day items feel cost prohibitive, many average renters are strapped and seeking lower cost housing.
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12 February 2025 | 12 replies
I learned enough (in summary) what they needed to do their job in getting my funding to make it easier on myself.
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20 February 2025 | 5 replies
But to really answer your question - from an outsider's view - things have tightened up and continue to be tight....deals are harder to find, and interest rates make some good deals just average.
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25 January 2025 | 13 replies
If they called you first, would you have made a different decision?
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11 February 2025 | 4 replies
Losing control of the process matters.
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27 January 2025 | 11 replies
I recommend considering your cash flow and debt-to-income ratio before making a decision, and consulting with a financial advisor to tailor the choice to your specific needs.Good luck!
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28 January 2025 | 19 replies
Make sure the document is titled "DRAFT".
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19 February 2025 | 3 replies
One thing to consider on developing new MHP is that if cities don't want them they can make it very difficult to build new ones.