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11 March 2023 | 6 replies
I don’t mean a VA from the Philippines to plug some numbers but rather a truly experienced skilled underwriter who understands how to A) underwrite multi-family using a syndicate structure whether it be straight split or preferred return B) has the acumen/knowledge to research submarkets to properly underwrite other income projections for things such as perhaps bulk wifi or smart home tech penetration If you have, can you share where you had the most success finding them and what is a proper compensation package?
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19 October 2022 | 7 replies
Below is an example of the loan package I used.
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22 October 2017 | 10 replies
If I'm starting with a bare mattress, I buy the 2 pillows, a mattress pad cover, and a "bed in a bag" package.
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20 January 2021 | 2 replies
Now that I have consolidated several towns and locations in an area, if/when we go to sale; we will offer a multiple package deal versus one location.
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21 July 2022 | 5 replies
@Rob Rispoli always best to re-price your insurance package every few years.
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7 October 2019 | 13 replies
If a wholesaler came to you with a deal, what do you want to see in the package?
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7 November 2010 | 10 replies
There seemed to be some pretty too good to be true package deals out there.
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4 December 2018 | 2 replies
Depending on the location, amenities at the park, cost of landscaping (the variables are large trees and lots of grass), the utility metering, any daily or weekly RV rental spaces, and how you approach management, (just to mention a few of the major items) you will have an expense ratio of anywhere from 35% to 55% of the gross. 35% is pretty lean especially if you use a 3rd party manager, but just as an example, it would likely be appropriate for a park that has no amenities, very little landscaping and regular maintenance expenses, all tenant owned homes, no RVs, and 100% of the utilities billed to the tenants. 55% is more appropriate for a park that has a full amenity package with a pool and clubhouse, sport courts, a laundry facility, lots of grass and mature trees for shade, and maybe part of the park is used for daily/weekly RVs and your onsite staff expenses are high.
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5 November 2022 | 2 replies
Investment Info:
Single-family residence buy & hold investment in Culver.
Purchase price: $130,000
Cash invested: $152,000
A Cape cod style house within one block of historic Culver restaurants. ...
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2 November 2022 | 1 reply
Investment Info:
Single-family residence buy & hold investment in Culver.
Purchase price: $130,000
Cash invested: $152,000
The house was built in 1910 as a 3 bedroom, 2.5 bathroom. The floor pla...