John C. Melton
Best Courses, Coaches, and/or Mentors
15 December 2023 | 16 replies
The lender who will ultimately provide the construction loan facility will expect to see your equity contribution first.
Sagar Mukala
Am I crazy to think 1 percent rule doesn't work in Phoenix / Scottsdale?
13 December 2023 | 8 replies
It is appealing to me because of the ability to catch a short flight and land in Phoenix to manage the properties when needed.My goal:* Invest in a single / multi family property worth $300K in a quality neighborhood (class B or above) to buy and hold* Target is positive cash flow, build equity over timeThe following factors make Phoenix attractive to me:* +2.3% population growth since 2020* Strong Case Schiller index * Presence of large employers like Amazon, Walmart, and $40B investment towards a semiconductor facility that is projected to complete in 2026Challenge:* I'm consistently seeing rents in the $1900 - $2000 range for single family condos in (2B, 1 Ba) range making it a negative cash flow prospectQuestions to the community:1.
Mary Ainsworth
What to buy for the kitchen furnishings?
8 January 2024 | 9 replies
Second, do I need to get them basic cooking items?
Linda Roberts
Tenant wants to get the keys a few days before his lease.
31 July 2022 | 32 replies
I would tell them this isn't a free storage facility.
John Stamos
Long term advice please!
11 February 2023 | 14 replies
Or invest in self storage facilities?
Nathan Gesner
How much cleaning do you require of guests?
5 November 2022 | 68 replies
When you stay in a hotel you're probably occupying less than 200 square feet of space with a single bathroom, the hotel has a full-time cleaning and service staff and there are virtually no food facilities to speak of - no dishwasher, refrigerator, stove, oven or microwave.
Account Closed
Buying Foreclosures - Subject To & Lease Options
23 October 2022 | 23 replies
Both of our governments have been doing unprecedented things with money supply, interest rates, and cooking the inflation books.
Adam Frantz
Southwest Drought concerns
5 October 2022 | 15 replies
Drawing seawater into a desalination facility and returning concentrated brine waste to the ocean sounds like a bad deal for wildlife.
Courtney Buck
Creating annual cash flow from longleaf pines and the land
31 October 2022 | 24 replies
Courtney Buck Build a monthly storage facility, open a mobile home park, start an RV Park, build a strip mall
Ryan Stumbo
Is Cash on Cash Return Irrelevant in Arizona?
22 October 2021 | 88 replies
This does not include the many "temporary" construction jobs that will be created while these massive facilities are being built.