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29 May 2019 | 6 replies
Housing is a necessity and MHC is one of the most cost-effective options.- Increasing Demand Across Age Cohorts: Boomers downsizing coupled with a growing number of Americans who can no longer afford to rent or own traditional housing continues to drive demand for MHC - see chart below.- Limited Supply: Only 10 new MHC sites have been approved in the U.S. over the last two decades - see chart below.- Downcycle Outperformance: MHC is the least sensitive property type to negative changes in GDP.
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6 June 2019 | 57 replies
I've worked with several investors who have comingled funds simply because they simply didn't name their properties effectively.Investors who have large portfolios (50+ properties) and have found this to be the most effective strategy for naming properties/trusts/(Series)LLCs.
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4 October 2020 | 6 replies
Here are some recommendations for you:Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/users Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts Read Beginner’s Guide: http://www.biggerpockets.com/real-estate-investing If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.
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20 August 2019 | 16 replies
I would never want to hear from my tenant.I totally rely on my PM to guide me going rent and tenant selection.
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30 May 2019 | 61 replies
Through online research and word of mouth I originally contacted 12 PMs to interview and select the best for our first rental in Baltimore City, Maryland.
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3 June 2019 | 6 replies
Perhaps they didn't understand the effects of the growth on the unit.
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15 August 2019 | 8 replies
Current management team is not functioning effectively.
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30 May 2019 | 1 reply
My realtor just let me know that the city of Charlotte is proposing a few changes to its rental housing ordinances.While in general I support making sure that tenants have a safe and healthy place to live and owners being responsible for their properties, I do think it is always a good idea to review the changes being made and how they effect us owners.
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11 March 2020 | 3 replies
Here are some recommendations for you:Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/users Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts Read Beginner’s Guide: http://www.biggerpockets.com/real-estate-investing Check out BP Podcasts: https://www.biggerpockets.com/podcastIf you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.
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29 May 2019 | 0 replies
My contractor brought me a deal (which requires work on the house which I would of course have him do despite him not being the most cost effective bid) and I had mentioned to him previously that I pay a finders fee.