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10 January 2025 | 9 replies
Managing 17 shopping centers and selecting sites for new developments is no small feat—kudos to you!
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5 February 2025 | 14 replies
It all depends on the market and if tenants actually care about having a new sidewalk and walkway.
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21 January 2025 | 3 replies
You will need to justify the sale price of those assets to the new owner at their then current value on your books.It is a big hassle to do this, but it can make you a lot of money if you do it right and are careful in your record keeping.
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23 January 2025 | 8 replies
As a PM, his team would be familiar with areas and could help underwrite the property and take care of the day to day headaches.
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9 February 2025 | 36 replies
Well, come tax time, I had to unravel 3 LLCs with quite a bit of expense and am paying double tax because of their lack of care and knowledge.
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22 January 2025 | 14 replies
I have not selected a specific property yet, but want to at least identify my potential investors.
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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!
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20 January 2025 | 3 replies
Also I dont know the state of the house ie is it completely derelict and trashed or what not, as previously stated i dont care about the house, just the land.
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27 January 2025 | 11 replies
Nobody cares as much as you do about your project.
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31 January 2025 | 19 replies
I think every market and every person have their own reasons, but here are some thoughts from a property manager.Pros for self managing / cons of PM- Keep all the revenue- You have 100% control- You own listing, photos, etc- Nobody will ever care about your investment as much as you do.Cons for self managing/ Pros for property management- This is a 24h / 7days a week business and I imagine you have at least somewhat of a life I imagine.