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17 June 2014 | 7 replies
If you are unfamiliar with re-financing properties, it essentially means that you renovate your existing property (fresh paint, add rooms, new carpet, etc) to enhance its value and then you have the value re-appraised.
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22 November 2014 | 14 replies
Present fresh, off-market deals.
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18 June 2014 | 2 replies
Apartments provide passive cashflow monthly.Self Storage lowest breakeven point no toilets to deal with.
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23 December 2014 | 10 replies
It makes it feel like work/storage space.
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21 June 2014 | 10 replies
I generally don't like to leave the potential up to the tenant's imagination so a quick turnaround and showing a fresh unit that is clean and smells like fresh paint is usually my goal.
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24 June 2014 | 14 replies
Lower tenant turnoverLower capital costsLower operating expense loads relative to other RE asset classesAccelerated DepreciationStrong demand via continue economic pressure on the middle / lower class + boomer retirement with insufficient savings Higher cap rates relative to multifamily assets of comparable qualityA few differences of 55+ vs family parks:Smaller customer base (perhaps not true in Florida)Higher operating costs due to increased amenities (clubhouse, pool, shuffleboard, gym, RV Storage, etc.).More organized tenant base with more time - might push for rent control Far fewer bad tenant problems - likely fewer collection / eviction issues Likely easier to finance as there are typically fewer park owned homes and the communities are more visually appealingLower going cap rates so one could argue higher risk, but lower exit cap rates so if you can dramtically improve the parks operations, you'll make a higher multiple for every marginal dollar of improved NOI.
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18 November 2014 | 57 replies
@Jason Farmer Haha I enjoyed your fresh perspective.
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6 July 2014 | 15 replies
She's done quite a number of write-ups on the BP blog for beginner investors and seems to have a fresh perspective on the subject.
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21 June 2014 | 5 replies
She's done quite a number of write-ups on the BP blog for beginner investors and has a fresh perspective in this area.
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22 June 2014 | 13 replies
Would you recommend; triple net rentals, Note investing, more rentals, car washes, mini storage, etc.?