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28 February 2024 | 19 replies
So if one can buy dirt at a reasonable price get it approved and built and filled up as stated above they will force equity and have a very good investment that is worth a ton more when completed etc. the issue out this way is finding any dirt you can actually build a park on most cities wont allow them then you have the other barriers to developement and absorption like I mentioned above these all factor into it.. out in the mid west and deep south one can buy a park for 7 to 10 cap all day long.. in OR WA CA your going to find it difficult to find a park above a 4 to 5 cap.
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28 February 2024 | 5 replies
I forgot to mention in my post, If I were to go with property 1 4beds/2baths I would house hack one of those rooms to a family member.
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28 February 2024 | 5 replies
I think someone else mentioned a variation of the BRRR model.
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27 February 2024 | 11 replies
I mention this because getting into real estate investing can be tough with 1099 income only.
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28 February 2024 | 14 replies
Honestly, for unique amenities like you are mentioning, I'd just roll the dice and see how it changes your occupancy and how far you can push your rates.
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28 February 2024 | 19 replies
I said I'll wait until they come back.
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27 February 2024 | 2 replies
However, Florida generally has lower property taxes, which could be a factor to consider.While you mentioned your interest in multi-unit investments with seller financing, it's important to keep in mind that this can be a complex area.
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28 February 2024 | 49 replies
A couple things not mentioned by others.
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28 February 2024 | 10 replies
If you feel pressure to buy and you are unsure, it's best to move on and wait until you find the right home to flip.
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27 February 2024 | 13 replies
Gathering all of that info before even presenting to you a) could become another full time job with zero return b) could lose you the deal due to not acting faster whilst waiting on rent roll that may never even come!