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16 June 2024 | 23 replies
Beyond that, most self storage only being 8 1/2 foot tall or so wide, a 10 x 30 or 10 x 40 storage unit can't handle RV's and boats.Recreation areas/cheaper land: The way you beat your competition is to build closer to the Recreation areas or on routes to them, from the populations.
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17 June 2024 | 6 replies
This is going to be a very tough scenario, I suggest you stop putting money into this deal until you get things sorted on the financing side.I would also be very careful with and sketical about any offers for 100% financing... it will not happen, they are lying 99.99999999999999% of the time.The only realistic way would be for you to find a private investor to come up with the down payment for the mortgage but a down payment will be needed.90% LTC is theoretically possible through a flip loan but in order to reach that level you would need to have a lot of completed projects under your belt over 2 years.20% is possible but with 25% you would have a lot more options.That is part of the issue with this transaction...The other issue is with HOW MANY loans you are seeking...This is not 1 loan because this is not 1 deal...You need 3 loans because you are doing 3 separate transactions at the same time with the same seller.Blanket loans do exist but they are not widely available.Each folio number is a separate deal...
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15 June 2024 | 6 replies
I'm looking at buying a vacant lot, then getting a used single wide mobile home for it.
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16 June 2024 | 2 replies
You'll have them paid off by the time you retire and will enjoy a significant boost to your retirement income.Generally, you want to grow your portfolio wide (more units), before you go deep (paying off).
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15 June 2024 | 6 replies
I've noticed the forums provide a wealth of knowledge from individuals investing in a wide variety of strategies and feel this is the best place to start.
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16 June 2024 | 40 replies
It's accurately assessed for 45k next to the train tracks and has a 16 foot wide easement right through the property.
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17 June 2024 | 13 replies
There will be a state wide election in December to change the tax sale laws.
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13 June 2024 | 1 reply
Diverse Amenities and Lifestyle: Katy, Texas offers a wide range of amenities, including shopping centers, restaurants, and recreational facilities, enhancing the quality of life for residents and making rental properties more attractive.
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13 June 2024 | 3 replies
Despite it not looking like a mobile home, the realitor said it was listed as "double wide" So..
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10 June 2024 | 1 reply
One thought is to reach out to the HOA and negotiate a community wide package contract with a single vendor for Home owners insurance.