
12 June 2024 | 2 replies
The plan here is to have a local (RV Certified) tiny home builder do the marketing to attract buyers that want to buy their tiny homes (cash or 25 year financing) and live in this park, until there are 44 pads occupied by tenant-owned tiny homes, paying $750/mo lot rent, on 1 year leases.

13 June 2024 | 3 replies
If local rents are $2,000 I make the lease amount $2,400.

12 June 2024 | 5 replies
I am curious regarding local regulations on STRs and if there are any cities in Skagit Co that have stricter rules in place.

12 June 2024 | 7 replies
The problem is that I live in California (which is cost prohibitive for me currently to "buy local") and must rely on remote management that is local to the investment area.

12 June 2024 | 15 replies
Are you local?

12 June 2024 | 23 replies
For those locals, is northeast Fort Myers any better than Lehigh for quality of tenants or is it one in the same?

12 June 2024 | 8 replies
I have been offered an exclusive Deal by a local "friend"/ semi-mentor in my small town. 8 standard 2/1 apartments - Quad, duplex, duplex, 1970 Dated buildings, little neglected but liveableOwner finance: 20yr 6%rate with 20k down------------------------------------------------Total purchase 400KCurrent NOI: 41k Cap: 10 (Tax,Ins,Maint, Util)Gross rent 4500/mth-----------------------------------------------Upgrade, Est repairs: 60k After reno: NOI: 59K Gross rent: 6100------------------------------------------------Loan pmt: 2865/mth, 34k/yrCurrent Cash flow: 531/mth, 6,378/yrAfter reno Cash Flow: 2131/mth, 25,578/Yr-------------------------------------------------Added info- -Property line Joins with (growing) Community college-Tiny town-The Buildings are Currently "uglyish".- Current Rent is 150$- $200 behind market avg.I am very comfortable in single family homes in this town (own 18 SFH rented and performing well).

12 June 2024 | 7 replies
Also, does anyone use/have feedback on local Airbnb cleaning services?

13 June 2024 | 3 replies
I recommend you join a local networking group and build relationships.

13 June 2024 | 22 replies
Do you have a policy with a local agent or do you use Proper or Foremost?