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13 July 2024 | 24 replies
That way they get the buyer commission with little work and they love you going forward.
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12 July 2024 | 4 replies
My two cents, with the economy the way it is right now and prices rising I would rather have lower monthly overhead and you would save that 600.
12 July 2024 | 1 reply
With the increase in the mortgage rates and property prices we haven’t done much lately on new projects.
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14 July 2024 | 13 replies
This means that your monthly rental revenue should ideally equal at least one percent of the whole cost of the property, which includes the purchase price as well as any necessary modifications.
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11 July 2024 | 3 replies
Hard to beat that price.
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12 July 2024 | 2 replies
Looking at a portfolio purchase. 180k purchase price, 20k down, balloon after 5 years.
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12 July 2024 | 3 replies
While I am not super well versed in the RV park syndication world (although Axia does own a couple within their first fund), in general more and/or higher fees = WORSE for LP.I would love to see more about this deal, but based on a quick scan here: https://www.parksandplaces.com/campgrounds-for-sale/ looks like average pricing is in $5mm range.$5mm PP = $250,000 acquisition fee, let's assume they are raising $2,000,000 in equity for purchase and upgrades, this means acq fee is really 12.5% of equity.Loan Guarantor Fee: $5mm purchase, let's assume $3.5mm loan.
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12 July 2024 | 9 replies
I'd search for a quality PM focusing on STR's in your area, make sure they have good reviews and transparent pricing, and go with them.
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14 July 2024 | 15 replies
I also put the median sale price next to the top 10 zips.
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12 July 2024 | 19 replies
They can guide you on the most cost-effective and efficient path forward to protect your interests and ensure compliance with legal requirements.Feel free to reach out if you have any other questions.