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14 June 2019 | 7 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 - the average stay in in MHC is 13 years, unheard of in residential real estate - resulting in stable predicatble cash flow with an ability to consistently, yet responsible increase rents.Lastly, a quick glance at some MHC investors and proponents:Warren Buffett is a significant investor in the MHC space, favoring the sector for its stable, predictable cash flow.
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8 August 2018 | 6 replies
On top of that, since the majority self manage, they know that they need to live close to their properties to be the most effective.
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31 August 2018 | 2 replies
So effectively I would lose entire segment of renters possibly.
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8 August 2018 | 8 replies
He really excels at finding cost-effective band-aid solutions where others might have just torn out and replaced.
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14 September 2018 | 2 replies
Don't waste it being a PM, or doing your own rehab.
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15 August 2018 | 6 replies
Before you consider raising rent in Santa Rosa, read and follow up on this; https://caanet.org/gov-extends-bans-on-rent-gougin...Law in effect on rent gouging after fires.
8 August 2018 | 2 replies
I quickly realized that having the address was a waste of time - because everything was auctioned by "Lot and Block" which I hadn't written down (newbie mistake).
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7 August 2018 | 10 replies
I went to high school and college in Michigan on the West side near the lake...so LOTS of lake effect snow.
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7 August 2018 | 3 replies
I would stop wasting time and walk .