Donald DiBuono
Mobile Home Park Development
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!
Andrew Self
Mortgage Lenders for LLC
18 January 2025 | 11 replies
They provide all the solutions one could ask.
Steve Mitrano
Flagstar Bank & LLC Transfer
12 January 2025 | 8 replies
Quote from @Iris Wu: @Steve Mitrano, Hi, Steve, do you mind providing an update on what you end of doing in this case?
John Lee
22, New to REI and looking to network and ask for advice
7 January 2025 | 20 replies
From what I can tell, the extra equity on the house could be utilized to provide better ROI.
Julie Muse
Outlook St: Quick Flip Success in Mission, KS!
13 January 2025 | 1 reply
This provided Archie Raglin with the financial backing to close quickly, ensuring no delays and maximizing the opportunity for a fast sale at a profit.
Ryan Treacy
What Do I Need to Know to Be a Landlord in Indianapolis, Indiana?
21 January 2025 | 4 replies
File an eviction with the court and provide the proper notices (e.g., 10-day notice to pay or vacate for nonpayment of rent).
Albert Gallucci
How do you detirmine the class of a Property
27 January 2025 | 12 replies
Generally larger commercial properties and shopping centers are easier to classify with hard and fast rules, but to the points above the residential areas really move very quickly and have way more nuance than most people care to admit.zip codes are generally way too large for my liking at least in my market to provide any kind of insights other than macro level economics but even then highways or rivers that cut through a zip code can end up with totally different trade areas.we can get pretty granular with cellphone data and with grocery center data to understand the trade areas and their true boundaries, but that kind of data pull is generally only cost effective for investors doing larger scale projects or developments, and honestly we still just end up getting on the ground and feeling it out, so I generally tell people that the money is better spent on a plane ticket and weekend trip in the area you are looking rather than any kind of "trade area" level data studies.and generally B class in 1 area means something different than another.
Elisabeth Hansel
Diligent and Determined Rookie!
10 January 2025 | 6 replies
I am also a licensed EMT, and would love to provide housing for travel nurses, contractors, etc. in that realm since I can relate to them in previous jobs that I've had.I'm looking to invest in these states preferably: Georgia (1st choice - preferably near or south of ATL or in/near Savannah), Alabama, South or North Carolina, and Florida.
Devin James
We Need Higher Density & Smaller Homes - Thoughts?
12 January 2025 | 54 replies
Great use of space and provides additional income to offset the monthly payment.Orlando, and many other cities, have a "missing middle" problem in regards to housing.
Kevin M.
Condo Investment in NYC
7 January 2025 | 12 replies
Multi-family properties many times provide a better return per square foot than single family, which would be to your advantage as well.As long as you're mindful of the reinvestment requirements and purchase at least as much as you sold and use all of the proceeds, you shouldn't have any issues with this strategy.